Meridian Dividends and Buybacks
Dividend criteria checks 3/6
Meridian is a dividend paying company with a current yield of 3.65% that is well covered by earnings.
Key information
3.6%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 13.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.500 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Meridian Corporation: Downgrading Out Of An Abundance Of Caution
Dec 31Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.125
Oct 29
Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income
Oct 17Meridian 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 04Meridian 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 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) | 3.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (MRBK) (up to 3 years) | 3.6% |
Notable Dividend: MRBK's dividend (3.65%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: MRBK's dividend (3.65%) is low compared to the top 25% of dividend payers in the US market (4.57%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49%), 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 (23.7% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 01:44 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Meridian Corporation is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Elliott Gunther | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Manuel Navas | D.A. Davidson & Co. |