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 yield3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share1.8
Earnings per share4.39
Dividend yield forecast in 3Y3.0%

Recent dividend updates

Recent updates

Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20

Nov 04
Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20

Meridian's (NASDAQ:MRBK) Dividend Will Be US$0.13

Jul 30
Meridian's (NASDAQ:MRBK) Dividend Will Be US$0.13

It's Unlikely That Meridian Corporation's (NASDAQ:MRBK) CEO Will See A Huge Pay Rise This Year

Jun 11
It's Unlikely That Meridian Corporation's (NASDAQ:MRBK) CEO Will See A Huge Pay Rise This Year

Analysts Just Shipped A Sizeable Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Estimates

Apr 30
Analysts Just Shipped A Sizeable Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Estimates

Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock

Apr 15
Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock

Did Meridian's (NASDAQ:MRBK) Share Price Deserve to Gain 91%?

Mar 19
Did Meridian's (NASDAQ:MRBK) Share Price Deserve to Gain 91%?

There's A Lot To Like About Meridian's (NASDAQ:MRBK) Upcoming US$1.00 Dividend

Feb 21
There's A Lot To Like About Meridian's (NASDAQ:MRBK) Upcoming US$1.00 Dividend

Meridian Corporation (NASDAQ:MRBK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Feb 05
Meridian Corporation (NASDAQ:MRBK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Analysts Just Made A Massive Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Forecasts

Feb 04
Analysts Just Made A Massive Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Forecasts

What Type Of Shareholders Own The Most Number of Meridian Corporation (NASDAQ:MRBK) Shares?

Jan 29
What Type Of Shareholders Own The Most Number of Meridian Corporation (NASDAQ:MRBK) Shares?

Meridian Corporation (NASDAQ:MRBK) Has Got What It Takes To Be An Attractive Dividend Stock

Jan 08
Meridian Corporation (NASDAQ:MRBK) Has Got What It Takes To Be An Attractive Dividend Stock

Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock

Dec 14
Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock

Dividend Yield vs Market

Meridian Dividend Yield vs Market
How does MRBK dividend yield compare to the market?
SegmentDividend 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

How stable has Meridian's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.973
12/31/20230.973
1/31/20231.85.63
11/1/20221.85.63
8/3/20221.85.92
8/1/20221.86.28
2/2/20221.85.66
1/31/20221.84.97
11/3/20210.82.28
11/1/20210.82.61
7/28/20210.51.76
5/4/20210.51.91
2/8/20210.51.97
2/1/20210.52.35
11/9/20200.52.49
10/26/20200.52.8
8/10/20200.53.15
7/27/20200.53.29

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).


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