MPB Mid Penn Bancorp dividend history, payout ratio & dates
Mid Penn Bancorp's latest dividend was on Aug 9, 2024 (ex-date) with a payout of $0.2 per share. On an annualized basis, the company has a current payout of $0.8 per share. This brings the dividend yield to 2.49% based on its recent close price.
Key dates
- MPB last dividend date: Aug 9, 2024
MPB dividend stats
vs. Financial Services sector
Dividend yield
MPB has a dividend yield of 2.49% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.78%, Mid Penn Bancorp's dividend yield is 10% lower. The historical 5-year average of MPB's dividend yield is 3.2%, which is above the current yield.
Dividend history
Mid Penn Bancorp has a long history of dividend payments, including the last 13 consecutive years with dividend payouts. MPB has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 71% from a year ago, the dividend yield has a decrease of 42%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 9, 2024 | $0.2 | 3.09% |
| May 9, 2024 | $0.2 | 3.68% |
| Feb 8, 2024 | $0.2 | 3.91% |
| Nov 9, 2023 | $0.2 | 4.09% |
| Aug 9, 2023 | $0.2 | 3.43% |
| May 9, 2023 | $0.2 | 4.31% |
| Feb 9, 2023 | $0.2 | 2.56% |
| Nov 9, 2022 | $0.2 | 2.42% |
| Aug 9, 2022 | $0.2 | 2.76% |
| May 9, 2022 | $0.2 | 3.09% |
| Feb 10, 2022 | $0.2 | 2.81% |
| Nov 9, 2021 | $0.2 | 2.83% |
| Aug 9, 2021 | $0.2 | 3.07% |
| May 7, 2021 | $0.2 | 2.95% |
| Feb 9, 2021 | $0.19 | 3.25% |
| Jan 8, 2021 | $0.05 | 3.21% |
| Nov 9, 2020 | $0.18 | 3.37% |
| Aug 7, 2020 | $0.18 | 3.49% |
| May 8, 2020 | $0.18 | 3.61% |
| Feb 4, 2020 | $0.18 | 2.95% |
| Nov 5, 2019 | $0.18 | 2.67% |
| Aug 6, 2019 | $0.18 | 2.6% |
| May 7, 2019 | $0.18 | 2.5% |
| Feb 5, 2019 | $0.15 | 2.52% |
| Nov 6, 2018 | $0.15 | 2.05% |
| Aug 7, 2018 | $0.15 | 1.71% |
| May 8, 2018 | $0.15 | 1.41% |
| Dec 20, 2017 | $0.1 | 1.92% |
| Nov 7, 2017 | $0.13 | 2.09% |
| Aug 7, 2017 | $0.13 | 2.26% |
| May 8, 2017 | $0.13 | 2.19% |
| Feb 6, 2017 | $0.13 | 2.34% |
| Dec 30, 2016 | $0.1 | 2.35% |
| Nov 7, 2016 | $0.12 | 2.47% |
| Aug 8, 2016 | $0.12 | 2.67% |
| May 9, 2016 | $0.12 | 2.91% |
| Feb 8, 2016 | $0.1 | 2.92% |
| Nov 6, 2015 | $0.12 | 3.34% |
| Aug 3, 2015 | $0.12 | 3.2% |
| May 4, 2015 | $0.1 | 3.18% |
| Feb 9, 2015 | $0.1 | 3.16% |
Mid Penn Bancorp dividend payout ratio
Payout ratio
MPB has a payout ratio of 29.3% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.2%, Mid Penn Bancorp's payout ratio is 32% lower.
Total amount of dividends paid per financial year (from cash flow)
MPB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CZNC Citizens & Northern Corp | 5.85% | $1.12 | 73.2% |
| PWOD Penns Woods Bancorp Inc | 4.56% | $1.28 | 55.2% |
| NWFL Norwood Financial Corp | 4.24% | $1.2 | 73.6% |
| STBA S&T Bancorp Inc | 3.41% | $1.32 | 37% |
| UVSP UNIVEST FINANCIAL Corp | 2.93% | $0.84 | 34.3% |
| ACNB Acnb Corp | 2.9% | $1.24 | 33.9% |
| CCNE Cnb Financial Corp | 2.72% | $0.71 | 30.1% |
| MPB Mid Penn Bancorp Inc | 2.5% | $0.8 | 29.3% |
| ORRF Orrstown Financial Services Inc | 2.17% | $0.83 | 26.2% |
Frequently asked questions
Does Mid Penn Bancorp pay a dividend?
Yes, Mid Penn Bancorp has paid four dividends in the last twelve months. MPB has been paying dividends since 2011.
When was MPB's last dividend?
Mid Penn Bancorp's last dividend ex-date was on Aug 9, 2024. The dividend amount was $0.2 per share.
How much dividend does Mid Penn Bancorp pay (per share)?
On an annual basis MPB pays $0.8 per share.
What is Mid Penn Bancorp's dividend yield?
The current dividend yield of Mid Penn Bancorp is 2.49%.
How often does Mid Penn Bancorp pay dividends?
Mid Penn Bancorp has a quarterly dividend frequency.
What is Mid Penn Bancorp's dividend payout ratio?
Mid Penn Bancorp's dividend payout ratio is 29.3%.
Does Mid Penn Bancorp pay a good dividend?
Mid Penn Bancorp's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.