Richmond Mutual Bancorporation

NasdaqCM:RMBI Stock Report

Mkt Cap: US$163.2m

Richmond Mutual Bancorporation Dividend

What is Richmond Mutual Bancorporation current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.90%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: RMBI's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: RMBI's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (4.39%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, RMBI has been paying a dividend for less than 10 years.

Growing Dividend: RMBI's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.5%), RMBI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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