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MPB Mid Penn Bancorp dividend history, payout ratio & dates

Mid Penn Bancorp's latest quarterly dividend was on Aug 9, 2022 (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 2.78% based on its recent close price.

Key dates

  • MPB last dividend date: Aug 9, 2022
  • MPB next dividend date: Not announced
MPB dividend stats
DPS
$0.8
Dividend yield
2.73%
Payout ratio
36.4%
vs. Financial Services sector
Dividend yield
2.93%
Payout ratio
30.1%

Dividend yield

What is Mid Penn Bancorp current dividend yield

MPB has a dividend yield of 2.78% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.93%, Mid Penn Bancorp's dividend yield is 5% lower. The historical 5-year average of MPB's dividend yield is 2.6%, which is similar to the current yield.

Dividend history

What is MPB dividend payout history and dates

Mid Penn Bancorp has a long history of dividend payments, including the last 11 consecutive years with dividend payouts. MPB has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.9% since twelve months ago. And with the price of the stock up by 3.8% from a year ago, the dividend yield has increased by 0.2%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 9, 2022 Aug 22, 2022 Jul 27, 2022 $0.2 normal
May 9, 2022 May 23, 2022 Apr 27, 2022 $0.2 normal
Feb 10, 2022 Feb 28, 2022 Feb 1, 2022 $0.2 normal
Nov 9, 2021 Nov 22, 2021 Oct 27, 2021 $0.2 normal
Aug 9, 2021 Aug 23, 2021 Jul 26, 2021 $0.2 normal
May 7, 2021 May 24, 2021 Apr 22, 2021 $0.2 normal
Feb 9, 2021 Feb 22, 2021 Jan 28, 2021 $0.19 normal
Jan 8, 2021 Jan 25, 2021 Dec 22, 2020 $0.05 special
Nov 9, 2020 Nov 23, 2020 Oct 28, 2020 $0.18 normal
Aug 7, 2020 Aug 24, 2020 Jul 22, 2020 $0.18 normal
May 8, 2020 May 25, 2020 Apr 22, 2020 $0.18 normal
Feb 4, 2020 Feb 24, 2020 Jan 22, 2020 $0.05 special
Feb 4, 2020 Feb 24, 2020 Jan 22, 2020 $0.18 normal
Nov 5, 2019 Nov 25, 2019 Oct 23, 2019 $0.18 normal
Aug 6, 2019 Aug 26, 2019 Jul 24, 2019 $0.18 normal
May 7, 2019 May 27, 2019 Apr 24, 2019 $0.18 normal
Feb 5, 2019 Feb 25, 2019 Jan 23, 2019 $0.15 normal
Feb 5, 2019 Feb 25, 2019 Jan 23, 2019 $0.1 special
Nov 6, 2018 Nov 26, 2018 Oct 24, 2018 $0.15 normal
Aug 7, 2018 Aug 27, 2018 Jul 25, 2018 $0.15 normal
May 8, 2018 May 28, 2018 Apr 25, 2018 $0.15 normal
Dec 20, 2017 Jan 5, 2018 Nov 21, 2017 $0.1 special
Dec 20, 2017 Jan 5, 2018 Nov 21, 2017 $0.15 normal
Nov 7, 2017 Nov 27, 2017 Oct 25, 2017 $0.13 normal
Aug 7, 2017 Aug 28, 2017 Jul 26, 2017 $0.13 normal
May 8, 2017 May 22, 2017 Apr 26, 2017 $0.13 normal
Feb 6, 2017 Feb 27, 2017 Jan 25, 2017 $0.13 normal
Dec 30, 2016 Jan 17, 2017 Dec 21, 2016 $0.1 special
Nov 7, 2016 Nov 28, 2016 Oct 26, 2016 $0.12 normal

Mid Penn Bancorp dividend payout ratio

What is Mid Penn Bancorp dividend payout ratio compared to the sector

Payout ratio

MPB has a payout ratio of 36.4% which is higher than the Financial Services sector and the industry average but lower than its peers average. In comparison with the Financial Services sector average of 30.1%, Mid Penn Bancorp's payout ratio is 21% higher.

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

MPB dividend vs peer dividends

How does MPB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PWOD Penns Woods Bancorp Inc 5.55% $1.28 54.2%
CZNC Citizens & Northern Corp 4.56% $1.12 60.5%
NWFL Norwood Financial Corp 4.12% $1.1 32.5%
UVSP UNIVEST FINANCIAL Corp 3.48% $0.82 33.6%
CCNE Cnb Financial Corp 2.96% $0.7 21.1%
MPB Mid Penn Bancorp Inc 2.73% $0.8 36.4%

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 is Mid Penn Bancorp's next dividend?

At this point we don't have a record of MPB's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.

When was MPB's last dividend?

Mid Penn Bancorp's last dividend ex-date was on Aug 9, 2022. 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 2.78%.

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 36.4%.

Does Mid Penn Bancorp pay a good dividend?

Mid Penn Bancorp's dividend yield is below the Financial Services sector average.