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RMBI Richmond Mutual Bancorporation dividend history, payout ratio & dates

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%.

Key dates

  • RMBI last dividend date: Aug 31, 2022
  • RMBI next dividend date: Not announced
RMBI dividend stats
DPS
$0.37
Dividend yield
2.71%
Payout ratio
33.3%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Richmond Mutual Bancorporation current dividend yield

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.

Dividend history

What is RMBI dividend payout history and dates

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%.

Recent dividends

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

Richmond Mutual Bancorporation dividend payout ratio

What is Richmond Mutual Bancorporation dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

RMBI dividend vs peer dividends

How does RMBI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NBTB Nbt Bancorp Inc 3% $1.14 32.5%
RMBI Richmond Mutual Bancorporation Inc 2.71% $0.37 33.3%
NBHC National Bank Holdings Corp 2.46% $0.91 34.1%

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 is Richmond Mutual Bancorporation's next dividend?

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.

When was RMBI's last dividend?

Richmond Mutual Bancorporation's last dividend ex-date was on Aug 31, 2022. The dividend amount was $0.1 per share.

How much dividend does Richmond Mutual Bancorporation pay (per share)?

On an annual basis RMBI pays $0.37 per share.

What is Richmond Mutual Bancorporation's dividend yield?

Currently Richmond Mutual Bancorporation's dividend yield is 2.71%.

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 33.3%.

Does Richmond Mutual Bancorporation pay a good dividend?

Richmond Mutual Bancorporation's dividend yield is lower than the Financial Services sector average.