MRBK Meridian dividend history, payout ratio & dates
- Stocks
- Financial Services
- NASDAQ: MRBK
- Dividend
Meridian's last dividend was on Feb 10, 2025 (ex-date) with a distribution of $0.125 per share. At an annualized rate of $0.5 per share, the stock yields 3.79%.
Key dates
- MRBK last dividend date: Feb 10, 2025
MRBK dividend stats
vs. Financial Services sector
Dividend yield
Meridian's dividend yield of 3.79% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.14%, Meridian's dividend yield is 21% higher. The current dividend yield is in line with the historical average of 3.6% of the last 5 years.
Dividend history
Meridian has been paying dividends since 2020. MRBK has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 47% from a year ago, the dividend yield marks a decrease of 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 10, 2025 | $0.125 | 2.96% |
| Nov 12, 2024 | $0.125 | 3.61% |
| Aug 12, 2024 | $0.125 | 4.9% |
| May 10, 2024 | $0.125 | 5.52% |
| Feb 9, 2024 | $0.125 | 5.12% |
| Nov 10, 2023 | $0.125 | 4.55% |
| Aug 11, 2023 | $0.125 | 3.86% |
| May 12, 2023 | $0.125 | 4.97% |
| Feb 13, 2023 | $0.125 | 2.7% |
| Nov 10, 2022 | $0.1 | 2.5% |
| Aug 12, 2022 | $0.1 | 2.6% |
| May 13, 2022 | $0.1 | 2.23% |
| Feb 11, 2022 | $0.1 | 1.77% |
| Nov 12, 2021 | $0.1 | 4.67% |
| Aug 6, 2021 | $0.063 | 5.42% |
| May 7, 2021 | $0.063 | 5.8% |
| Feb 26, 2021 | $0.5 | 5.63% |
| Feb 10, 2021 | $0.063 | 1.65% |
| Nov 6, 2020 | $0.063 | 1.4% |
| Aug 7, 2020 | $0.063 | 0.78% |
Meridian dividend payout ratio
Payout ratio
Meridian's payout ratio of 34% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 44.1%, Meridian's payout ratio is 23% lower.
Total amount of dividends paid per financial year (from cash flow)
MRBK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.75% | $1.51 | 121.8% |
| MRBK Meridian Corp | 3.67% | $0.5 | 34% |
| NRIM Northrim Bancorp Inc | 2.95% | $2.49 | 32.6% |
Frequently asked questions
Does Meridian pay a dividend?
Yes, Meridian has been paying dividends for the last five years.
When was MRBK's last dividend?
Meridian's last dividend ex-date was on Feb 10, 2025. The dividend amount was $0.125 per share.
How much dividend does Meridian pay (per share)?
MRBK's annualized dividend per share is $0.5.
What is Meridian's dividend yield?
Currently Meridian's dividend yield is 3.79%.
How often does Meridian pay dividends?
Meridian pays four dividends per year.
What is Meridian's dividend payout ratio?
The dividend payout ratio of Meridian is 34%.
Does Meridian pay a good dividend?
Meridian's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.