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MRBK Meridian dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NASDAQ: MRBK
  4. Dividend

Meridian's last quarterly dividend was on Nov 11, 2022 (ex-date) with a distribution of $0.2 per share. At an annualized rate of $0.8 per share, the stock yields 2.37%.

Key dates

  • MRBK last dividend date: Nov 11, 2022
  • MRBK next dividend date: Not announced
Peer dividends: NBTB NBHC
MRBK dividend stats
DPS
$0.8
Dividend yield
2.37%
Payout ratio
19.1%
vs. Financial Services sector
Dividend yield
2.62%
Payout ratio
30.7%

Dividend yield

What is Meridian current dividend yield

Meridian's dividend yield of 2.37% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.62%, Meridian's dividend yield is 10% lower.

Dividend history

What is MRBK dividend payout history and dates

Meridian has been paying dividends since 2020. MRBK has issued six dividends in the last twelve months. This includes five regular and one special dividends. The annualized DPS marks an increase of 39% since one year ago. And with the stock price down by 1.5% from a year ago, the dividend yield marks an increase of 41%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 11, 2022 Nov 21, 2022 Oct 27, 2022 $0.2 normal
Nov 10, 2022 Nov 21, 2022 Oct 27, 2022 $0.2 normal
Aug 12, 2022 Aug 22, 2022 Jul 28, 2022 $0.2 normal
May 13, 2022 May 23, 2022 Apr 28, 2022 $0.2 normal
Feb 11, 2022 Feb 21, 2022 Jan 27, 2022 $1 special
Feb 11, 2022 Feb 21, 2022 Jan 27, 2022 $0.2 normal
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 19.1% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 30.7%, Meridian's payout ratio is 38% lower.

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 2.51% $1.16 32.6%
MRBK Meridian Corp 2.37% $0.8 19.1%
NBHC National Bank Holdings Corp 1.98% $0.94 37%

Frequently asked questions

Does Meridian pay a dividend?

Yes, Meridian has been paying dividends for the last two years.

When is Meridian's next dividend?

Currently MRBK's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.

When was MRBK's last dividend?

Meridian's last dividend ex-date was on Nov 11, 2022. The dividend amount was $0.2 per share.

How much dividend does Meridian pay (per share)?

MRBK's annualized dividend per share is $0.8.

What is Meridian's dividend yield?

Currently Meridian's dividend yield is 2.37%.

How often does Meridian pay dividends?

Meridian pays four dividends per year (excluding specials).

What is Meridian's dividend payout ratio?

The dividend payout ratio of Meridian is 19.1%.

Does Meridian pay a good dividend?

Meridian's dividend yield is lower than the Financial Services sector average.