Meridian's last dividend was on May 4, 2026 (ex-date) with a distribution of $0.14 per share. At an annualized rate of $0.53 per share, the stock yields 2.96%.
Meridian's dividend yield of 2.96% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.74%, Meridian's dividend yield is 8% higher. The current dividend yield is lower than the historical average of 3.7% of the last 5 years.
Meridian has been paying dividends since 2020. MRBK has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 6% since one year ago. However with the stock price up by 36% from a year ago, the dividend yield marks a decrease of 22%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 4, 2026 | $0.14 | 2.95% |
| Feb 9, 2026 | $0.14 | 2.52% |
| Nov 10, 2025 | $0.125 | 3.4% |
| Aug 11, 2025 | $0.125 | 3.51% |
| May 12, 2025 | $0.125 | 3.54% |
| 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's payout ratio of 28% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 33.7%, Meridian's payout ratio is 17% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 4.38% | $1.53 | 55.4% |
| MRBK Meridian Corp | 2.86% | $0.53 | 28% |
| NRIM Northrim Bancorp Inc | 2.58% | $0.64 | 21.8% |
Yes, Meridian has been paying dividends for the last six years.
Meridian's last dividend ex-date was on May 4, 2026. The dividend amount was $0.14 per share.
MRBK's annualized dividend per share is $0.53.
Currently Meridian's dividend yield is 2.96%.
Meridian pays four dividends per year.
The dividend payout ratio of Meridian is 28%.
Meridian's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.