Richmond Mutual Bancorporation's last quarterly dividend payment of $0.14 per share was made to shareholders on record before Nov 29, 2023. The dividend payment stands at $0.56 per share annually, which equates to a dividend yield of 4.82%.
RMBI has a dividend yield of 4.82% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.38%, Richmond Mutual Bancorporation's dividend yield is 43% higher.
Richmond Mutual Bancorporation has been paying dividends for the last three years. According to our records RMBI has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 40% since one year ago. And with the stock price down by 9% from a year ago, the dividend yield has grown by 54%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 29, 2023 | Dec 14, 2023 | Nov 17, 2023 | $0.14 | normal |
| Aug 30, 2023 | Sep 14, 2023 | Aug 16, 2023 | $0.14 | normal |
| May 31, 2023 | Jun 15, 2023 | May 17, 2023 | $0.14 | normal |
| Mar 3, 2023 | Mar 16, 2023 | Feb 22, 2023 | $0.14 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 16, 2022 | $0.1 | normal |
| 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 54.4% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 36.5%, Richmond Mutual Bancorporation's payout ratio is 49% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.51% | $1.51 | 43% |
| RMBI Richmond Mutual Bancorporation Inc | 4.71% | $0.56 | 54.4% |
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 February 2024.
Richmond Mutual Bancorporation's last dividend ex-date was on Nov 29, 2023. The dividend amount was $0.14 per share.
On an annual basis RMBI pays $0.56 per share.
Currently Richmond Mutual Bancorporation's dividend yield is 4.82%.
Richmond Mutual Bancorporation pays dividends quarterly.
Richmond Mutual Bancorporation's dividend payout ratio is 54.4%.
Richmond Mutual Bancorporation's dividend yield is higher than the Financial Services sector average.