Meridian Dividend
Dividend criteria checks 4/6
Meridian is a dividend paying company with a current yield of 5.51% that is well covered by earnings.
Key information
5.5%
Dividend yield
42%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.18 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Meridian: 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 30Meridian Bank declares $0.125 dividend
Apr 27Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock
Apr 15Did Meridian's (NASDAQ:MRBK) Share Price Deserve to Gain 91%?
Mar 19There's A Lot To Like About Meridian's (NASDAQ:MRBK) Upcoming US$1.00 Dividend
Feb 21Meridian Corporation (NASDAQ:MRBK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Feb 05Analysts Just Made A Massive Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Forecasts
Feb 04
Stability 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) | 5.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.2% |
| Analyst forecast in 3 Years (MRBK) | 5.5% |
Notable Dividend: MRBK's dividend (5.51%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: MRBK's dividend (5.51%) is in the top 25% of dividend payers in the US market (4.76%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42%), MRBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MRBK's dividends in 3 years are forecast to be well covered by earnings (29.9% payout ratio).