Mechanics Bancorp's last dividend of $0.25 per share was on Aug 28, 2026 (ex-date). The annualized dividend payment of $1.56 per share represents a current dividend yield of 10.15%. The latest MCHB payout of $0.25 marks a dividend change of -64%.
Mechanics Bancorp's dividend yield of 10.15% is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 2.41%, Mechanics Bancorp's dividend yield is 321% higher.
Our records of MCHB show that the company has distributed four dividends in the past year.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 28, 2026 | $0.25 | 9.82% |
| May 22, 2026 | $0.7 | 9.26% |
| Mar 9, 2026 | $0.4 | 4.3% |
| Dec 8, 2025 | $0.21 | 1.45% |
| Sep 9, 2024 | $467 | 5.69% |
| Mar 15, 2024 | $1,012 | 6.9% |
| Aug 9, 2023 | $713 | 12.14% |
| Feb 23, 2023 | $935 | 17.85% |
| Nov 16, 2022 | $1,168 | 14.64% |
| Aug 17, 2022 | $1,168 | 13.21% |
| May 17, 2022 | $1,012 | 18.63% |
| Feb 25, 2022 | $312 | 13.92% |
| Nov 5, 2021 | $810 | 11.27% |
| Jul 30, 2021 | $2,569 | 8.29% |
Mechanics Bancorp's payout ratio of 124.8% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 32.2%, Mechanics Bancorp's payout ratio is 288% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MCHB Mechanics Bancorp. | 10.15% | $1.56 | 124.8% |
| UBSI United Bankshares Inc | 3.22% | $1.52 | 41.3% |
| WSBF Waterstone Financial Inc | 2.99% | $0.64 | 37% |
| UMBF Umb Financial Corp | 1.28% | $1.79 | 14.8% |
| INBK First Internet Bancorp | 0.86% | $0.24 | N/A |
Mechanics Bancorp has issued four dividends in the last twelve months.
Mechanics Bancorp's last regular dividend was on Aug 28, 2026 (ex-date) with the amount of $0.25 per share.
MCHB's annualized dividend per share is $1.56.
Currently Mechanics Bancorp's dividend yield is 10.15%.
Mechanics Bancorp's dividend payout ratio is 124.8%.
Mechanics Bancorp's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.