Back to MRBK overview

MRBK Meridian dividend history, payout ratio & dates

Meridian's last quarterly dividend was on May 13, 2022 (ex-date) with a distribution of $0.2 per share. At an annualized rate of $0.73 per share, the stock yields 2.41%.

Key dates

  • MRBK last dividend date: May 13, 2022
  • MRBK next dividend date: Not announced
MRBK dividend stats
DPS
$0.73
Dividend yield
2.41%
Payout ratio
14.1%
vs. Financial Services sector
Dividend yield
2.72%
Payout ratio
29.2%

Dividend yield

What is Meridian current dividend yield

Meridian's dividend yield of 2.41% is lower than the Financial Services sector and the industry average.

Dividend history

What is MRBK dividend payout history and dates

Meridian has been paying dividends since 2020. MRBK has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS marks an increase of 45% since one year ago. And with the stock price up by 14% from a year ago, the dividend yield marks an increase of 27%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 13, 2022 May 23, 2022 Apr 28, 2022 $0.2 normal
Feb 11, 2022 Feb 21, 2022 Jan 27, 2022 $0.2 normal
Feb 11, 2022 Feb 21, 2022 Jan 27, 2022 $1 special
Nov 12, 2021 Nov 22, 2021 Oct 28, 2021 $0.2 normal
Aug 6, 2021 Aug 16, 2021 Jul 26, 2021 $0.125 normal
May 7, 2021 May 17, 2021 Apr 22, 2021 $0.125 normal
Feb 26, 2021 Mar 15, 2021 Feb 16, 2021 $1 special
Feb 10, 2021 Feb 22, 2021 Jan 28, 2021 $0.125 normal
Nov 6, 2020 Nov 23, 2020 Oct 22, 2020 $0.125 normal
Aug 7, 2020 Aug 24, 2020 Jul 27, 2020 $0.125 normal

Meridian dividend payout ratio

What is Meridian dividend payout ratio compared to the sector

Payout ratio

Meridian's payout ratio of 14.1% is below the Financial Services sector and the industry average.

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

MRBK dividend vs peer dividends

How does MRBK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NBTB Nbt Bancorp Inc 2.94% $1.12 31.5%
MRBK Meridian Corp 2.41% $0.73 14.1%
NBHC National Bank Holdings Corp 2.32% $0.9 32.4%