Middlefield Banc Dividends and Buybacks
Dividend criteria checks 5/6
Middlefield Banc is a dividend paying company with a current yield of 2.52% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
2.5%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.800 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MBCN's dividends per share have been stable in the past 10 years.
Growing Dividend: MBCN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Middlefield Banc Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MBCN) | 2.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (MBCN) (up to 3 years) | 2.6% |
Notable Dividend: MBCN's dividend (2.52%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: MBCN's dividend (2.52%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.5%), MBCN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MBCN's dividends in 3 years are forecast to be well covered by earnings (41.8% payout ratio).