RMBI Richmond Mutual Bancorporation dividend history, payout ratio & dates
- Stocks
- Financial Services
- NASDAQ: RMBI
- Dividend
Richmond Mutual Bancorporation's last dividend payment of $0.15 per share was made to shareholders on record before Feb 26, 2025. The dividend payment stands at $0.57 per share annually, which equates to a dividend yield of 3.93%. The latest RMBI stock dividend of $0.15 is an increase from the previous $0.14 distribution, representing a growth of 7%.
Key dates
- RMBI last dividend date: Feb 26, 2025
RMBI dividend stats
vs. Financial Services sector
Dividend yield
RMBI has a dividend yield of 3.93% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.01%, Richmond Mutual Bancorporation's dividend yield is 31% higher. Historically RMBI's dividend yield has averaged at 3.7% in the last 5 years, which is lower than the current one.
Dividend history
Richmond Mutual Bancorporation has been paying dividends for the last five years. According to our records RMBI has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 1.8% since one year ago. However with the stock price up by 25% from a year ago, the dividend yield marks a decrease of 18%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 26, 2025 | $0.15 | 4.51% |
| Dec 5, 2024 | $0.14 | 3.79% |
| Sep 4, 2024 | $0.14 | 4.43% |
| May 30, 2024 | $0.14 | 5.08% |
| Mar 1, 2024 | $0.14 | 4.84% |
| Nov 29, 2023 | $0.14 | 4.97% |
| Aug 30, 2023 | $0.14 | 4.58% |
| May 31, 2023 | $0.14 | 4.27% |
| Mar 3, 2023 | $0.14 | 3.35% |
| Nov 30, 2022 | $0.1 | 3.1% |
| Aug 31, 2022 | $0.1 | 2.64% |
| Jun 1, 2022 | $0.1 | 2.27% |
| Mar 2, 2022 | $0.1 | 4.64% |
| Dec 1, 2021 | $0.07 | 4.86% |
| Sep 1, 2021 | $0.07 | 4.98% |
| Jun 2, 2021 | $0.07 | 5.08% |
| Apr 20, 2021 | $0.5 | 5.24% |
| Mar 3, 2021 | $0.07 | 1.6% |
| Dec 2, 2020 | $0.05 | 1.15% |
| Sep 2, 2020 | $0.05 | 0.88% |
| Jun 3, 2020 | $0.05 | 0.42% |
Richmond Mutual Bancorporation dividend payout ratio
Payout ratio
RMBI has a payout ratio of 63.3% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 44.7%, Richmond Mutual Bancorporation's payout ratio is 42% higher.
Total amount of dividends paid per financial year (from cash flow)
RMBI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.66% | $1.51 | 109.4% |
| RMBI Richmond Mutual Bancorporation Inc | 4.01% | $0.57 | 63.3% |
| NRIM Northrim Bancorp Inc | 2.79% | $2.49 | 32.6% |
Frequently asked questions
Does Richmond Mutual Bancorporation pay a dividend?
Yes, Richmond Mutual Bancorporation has paid four dividends in the last 12 months. RMBI has been paying dividends since 2020.
When was RMBI's last dividend?
Richmond Mutual Bancorporation's last dividend ex-date was on Feb 26, 2025. The dividend amount was $0.15 per share.
How much dividend does Richmond Mutual Bancorporation pay (per share)?
On an annual basis RMBI pays $0.57 per share.
What is Richmond Mutual Bancorporation's dividend yield?
Currently Richmond Mutual Bancorporation's dividend yield is 3.93%.
How often does Richmond Mutual Bancorporation pay dividends?
Richmond Mutual Bancorporation pays dividends quarterly.
What is Richmond Mutual Bancorporation's dividend payout ratio?
Richmond Mutual Bancorporation's dividend payout ratio is 63.3%.
Does Richmond Mutual Bancorporation pay a good dividend?
Richmond Mutual Bancorporation's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.