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.
|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
Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20Nov 04
Meridian's (NASDAQ:MRBK) Dividend Will Be US$0.13Jul 30
It's Unlikely That Meridian Corporation's (NASDAQ:MRBK) CEO Will See A Huge Pay Rise This YearJun 11
Analysts Just Shipped A Sizeable Upgrade To Their Meridian Corporation (NASDAQ:MRBK) EstimatesApr 30
Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting StockApr 15
Did Meridian's (NASDAQ:MRBK) Share Price Deserve to Gain 91%?Mar 19
There's A Lot To Like About Meridian's (NASDAQ:MRBK) Upcoming US$1.00 DividendFeb 21
Meridian Corporation (NASDAQ:MRBK) Looks Like A Good Stock, And It's Going Ex-Dividend SoonFeb 05
Analysts Just Made A Massive Upgrade To Their Meridian Corporation (NASDAQ:MRBK) ForecastsFeb 04
What Type Of Shareholders Own The Most Number of Meridian Corporation (NASDAQ:MRBK) Shares?Jan 29
Meridian Corporation (NASDAQ:MRBK) Has Got What It Takes To Be An Attractive Dividend StockJan 08
Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting StockDec 14
Dividend Yield vs Market
|Meridian Dividend Yield vs Market|
|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 (%)|
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).