Richmond Mutual Bancorporation's last quarterly dividend payment of $0.1 per share was made to shareholders on record before Aug 31, 2022. The dividend payment stands at $0.37 per share annually, which equates to a dividend yield of 2.71%.
RMBI has a dividend yield of 2.71% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.95%, Richmond Mutual Bancorporation's dividend yield is 8% lower.
Richmond Mutual Bancorporation has been paying dividends for the last two years. According to our records RMBI has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 42% since one year ago. And with the stock price down by 13% from a year ago, the dividend yield has grown by 63%.
|Ex-date||Payment date||Declared on||Amount||Type|
|Aug 31, 2022||Sep 15, 2022||Aug 17, 2022||$0.1||normal|
|Jun 1, 2022||Jun 16, 2022||May 18, 2022||$0.1||normal|
|Mar 2, 2022||Mar 17, 2022||Feb 16, 2022||$0.1||normal|
|Dec 1, 2021||Dec 16, 2021||Nov 17, 2021||$0.07||normal|
|Sep 1, 2021||Sep 16, 2021||Aug 19, 2021||$0.07||normal|
|Jun 2, 2021||Jun 17, 2021||May 19, 2021||$0.07||normal|
|Apr 20, 2021||May 5, 2021||Apr 7, 2021||$0.5||special|
|Mar 3, 2021||Mar 18, 2021||Feb 18, 2021||$0.07||normal|
|Dec 2, 2020||Dec 17, 2020||Nov 18, 2020||$0.05||normal|
|Sep 2, 2020||Sep 17, 2020||Aug 19, 2020||$0.05||normal|
|Jun 3, 2020||Jun 18, 2020||May 20, 2020||$0.05||normal|
RMBI has a payout ratio of 33.3% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 30.2%, Richmond Mutual Bancorporation's payout ratio is 10% higher.
Yes, Richmond Mutual Bancorporation has paid four dividends in the last 12 months. RMBI has been paying dividends since 2020.
Currently RMBI's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2022.
Richmond Mutual Bancorporation's last dividend ex-date was on Aug 31, 2022. The dividend amount was $0.1 per share.
On an annual basis RMBI pays $0.37 per share.
Currently Richmond Mutual Bancorporation's dividend yield is 2.71%.
Richmond Mutual Bancorporation pays dividends quarterly.
Richmond Mutual Bancorporation's dividend payout ratio is 33.3%.
Richmond Mutual Bancorporation's dividend yield is lower than the Financial Services sector average.