Meridian Dividend
Dividend criteria checks 4/6
Meridian Corporation is a dividend paying company with a current yield of 5.6% that is well covered by earnings. Last payment was on n/a with an ex-dividend date of n/a.
Key information
5.6%
Dividend yield
19%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | 1.8 |
| Earnings per share | 4.39 |
| Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20
Nov 04
Meridian'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 30Here'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
What Type Of Shareholders Own The Most Number of Meridian Corporation (NASDAQ:MRBK) Shares?
Jan 29Meridian Corporation (NASDAQ:MRBK) Has Got What It Takes To Be An Attractive Dividend Stock
Jan 08Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock
Dec 14Dividend Yield vs Market
| Meridian Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRBK) | 5.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (MRBK) | 3.0% |
Notable Dividend: MRBK's dividend (5.63%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: MRBK's dividend (5.63%) is in the top 25% of dividend payers in the US market (4.29%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.97 | 3 |
| 12/31/2023 | 0.97 | 3 |
| 1/31/2023 | 1.8 | 5.63 |
| 11/1/2022 | 1.8 | 5.63 |
| 8/3/2022 | 1.8 | 5.92 |
| 8/1/2022 | 1.8 | 6.28 |
| 2/2/2022 | 1.8 | 5.66 |
| 1/31/2022 | 1.8 | 4.97 |
| 11/3/2021 | 0.8 | 2.28 |
| 11/1/2021 | 0.8 | 2.61 |
| 7/28/2021 | 0.5 | 1.76 |
| 5/4/2021 | 0.5 | 1.91 |
| 2/8/2021 | 0.5 | 1.97 |
| 2/1/2021 | 0.5 | 2.35 |
| 11/9/2020 | 0.5 | 2.49 |
| 10/26/2020 | 0.5 | 2.8 |
| 8/10/2020 | 0.5 | 3.15 |
| 7/27/2020 | 0.5 | 3.29 |
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 2 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.1%), 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 (22.8% payout ratio).