Meridian Dividend
Dividend criteria checks 2/6
Meridian is a dividend paying company with a current yield of 3.95% that is well covered by earnings.
Key information
3.9%
Dividend yield
52%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.500 |
| Earnings per share | US$0.96 |
| Dividend yield forecast | 3.9% |
Recent dividend updates
Recent updates
Meridian Corporation: Patience Is Required
Jul 16Meridian: High Dividend Yield With A Positive Earnings Outlook (Rating Upgrade)
Apr 08Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20
Nov 04
Meridian Bank GAAP EPS of $0.96 beats by $0.03, revenue of $27.95M misses by $2.68M
Aug 01Meridian Corporation: Heavy Reliance On Mortgage Banking Income To Hurt Earnings This Year
Apr 19Meridian Corp.: More Growth Ahead
Jan 13Meridian Corp.: Earnings Trend To Depend On Mortgage Banking Normalization
Sep 02Meridian's (NASDAQ:MRBK) Dividend Will Be US$0.13
Jul 30It's Unlikely That Meridian Corporation's (NASDAQ:MRBK) CEO Will See A Huge Pay Rise This Year
Jun 11Analysts Just Shipped A Sizeable Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Estimates
Apr 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MRBK has been paying a dividend for less than 10 years.
Growing Dividend: MRBK's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Meridian Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRBK) | 3.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.9% |
| Analyst forecast (MRBK) (up to 3 years) | 3.9% |
Notable Dividend: MRBK's dividend (3.95%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MRBK's dividend (3.95%) is low compared to the top 25% of dividend payers in the US market (4.33%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.4%), MRBK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.