RMBI Richmond Mutual Bancorporation dividend history, payout ratio & dates
Richmond Mutual Bancorporation's last dividend payment of $0.14 per share was made to shareholders on record before Sep 4, 2024. The dividend payment stands at $0.56 per share annually, which equates to a dividend yield of 4.31%.
Key dates
- RMBI last dividend date: Sep 4, 2024
RMBI dividend stats
vs. Financial Services sector
Dividend yield
RMBI has a dividend yield of 4.31% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.94%, Richmond Mutual Bancorporation's dividend yield is 47% higher.
Dividend history
Richmond Mutual Bancorporation has been paying dividends for the last four years. According to our records RMBI has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. However with the stock price up by 21% from a year ago, the dividend yield marks a decrease of 11%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 69.1% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 42.9%, Richmond Mutual Bancorporation's payout ratio is 61% 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 | 4.94% | $1.51 | 97.4% |
| RMBI Richmond Mutual Bancorporation Inc | 4.31% | $0.56 | 69.1% |
| NRIM Northrim Bancorp Inc | 3.55% | $2.44 | 41.9% |
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 Sep 4, 2024. The dividend amount was $0.14 per share.
How much dividend does Richmond Mutual Bancorporation pay (per share)?
On an annual basis RMBI pays $0.56 per share.
What is Richmond Mutual Bancorporation's dividend yield?
Currently Richmond Mutual Bancorporation's dividend yield is 4.31%.
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 69.1%.
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. Data from 
and Sharadar.