Meridian's last quarterly dividend was on Nov 12, 2021 (ex-date) with a distribution of $0.2 per share. At an annualized rate of $0.58 per share, the stock yields 1.61%. The latest dividend marks an increase of $0.08, or 60% from the previous dividend.
MRBK next dividend date: Not announced
Meridian's dividend yield of 1.61% is lower than the Financial Services sector and the industry average.
MRBK has issued five dividends in the last twelve months. This includes four regular and one special dividends.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| Oct 28, 2021 | Nov 12, 2021 | Nov 22, 2021 | $0.2 | normal |
| Jul 26, 2021 | Aug 6, 2021 | Aug 16, 2021 | $0.125 | normal |
| Apr 22, 2021 | May 7, 2021 | May 17, 2021 | $0.125 | normal |
| Feb 16, 2021 | Feb 26, 2021 | Mar 15, 2021 | $1 | special |
| Jan 28, 2021 | Feb 10, 2021 | Feb 22, 2021 | $0.125 | normal |
| Oct 22, 2020 | Nov 6, 2020 | Nov 23, 2020 | $0.125 | normal |
| Jul 27, 2020 | Aug 7, 2020 | Aug 24, 2020 | $0.125 | normal |
Meridian's payout ratio of 9.4% is below the Financial Services sector and the industry average.