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MNSB MainStreet Bancshares dividend history, payout ratio & dates

MainStreet Bancshares's most recent quarterly dividend of $0.1 per share was on May 2, 2024 (ex-date). At an annualized rate of $0.4 per share, the stock yields 2.43%.

Key dates

  • MNSB last dividend date: May 2, 2024
  • MNSB next dividend date: Not announced
MNSB dividend stats
DPS
$0.4
Dividend yield
2.43%
Payout ratio
15.4%
vs. Financial Services sector
Dividend yield
3.5%
Payout ratio
40.9%

Dividend yield

What is MainStreet Bancshares current dividend yield

MainStreet Bancshares's dividend yield of 2.43% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 3.5%, MainStreet Bancshares's dividend yield is 31% lower.

Dividend history

What is MNSB dividend payout history and dates

MainStreet Bancshares has a history of paying dividends since 2022. Our records of MNSB show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 14% for the last year. And since the stock price has gone down by 25% from a year ago, the dividend yield marks an increase of 51%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 2, 2024 May 10, 2024 Apr 23, 2024 $0.1 normal
Feb 1, 2024 Feb 9, 2024 Jan 23, 2024 $0.1 normal
Nov 6, 2023 Nov 14, 2023 Oct 24, 2023 $0.1 normal
Aug 3, 2023 Aug 11, 2023 Jul 19, 2023 $0.1 normal
May 4, 2023 May 12, 2023 Apr 19, 2023 $0.1 normal
Feb 2, 2023 Feb 10, 2023 Jan 18, 2023 $0.1 normal
Nov 3, 2022 Nov 10, 2022 Oct 21, 2022 $0.1 normal
Aug 3, 2022 Aug 11, 2022 Jul 20, 2022 $0.05 normal
May 4, 2022 May 12, 2022 Apr 20, 2022 $0.05 normal
Feb 2, 2022 Feb 10, 2022 Jan 19, 2022 $0.05 normal

MainStreet Bancshares dividend payout ratio

What is MainStreet Bancshares dividend payout ratio compared to the sector

Payout ratio

MainStreet Bancshares's payout ratio of 15.4% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 40.9%, MainStreet Bancshares's payout ratio is 62% lower.

Total amount of dividends paid per financial year (from cash flow)

MNSB dividend vs peer dividends

How does MNSB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NKSH National Bankshares Inc 5.3% $1.51 66.8%
NRIM Northrim Bancorp Inc 4.43% $2.42 46.8%
MNSB MainStreet Bancshares Inc 2.43% $0.4 15.4%

Frequently asked questions

Does MainStreet Bancshares pay a dividend?

Yes, MainStreet Bancshares has paid four dividends in the last 12 months. MNSB has been paying dividends since 2022.

When is MainStreet Bancshares's next dividend?

MNSB hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in August 2024.

When was MNSB's last dividend?

MainStreet Bancshares's last regular dividend was on May 2, 2024 (ex-date) with the amount of $0.1 per share.

How much dividend does MainStreet Bancshares pay (per share)?

MNSB has paid dividend of $0.4 per share in the last year.

What is MainStreet Bancshares's dividend yield?

Currently MainStreet Bancshares's dividend yield is 2.43%.

How often does MainStreet Bancshares pay dividends?

MainStreet Bancshares pays four dividends per year.

What is MainStreet Bancshares's dividend payout ratio?

The dividend payout ratio of MainStreet Bancshares is 15.4%.

Does MainStreet Bancshares pay a good dividend?

MainStreet Bancshares's dividend yield is less than the Financial Services sector average.