Morris State Bancshares Dividends and Buybacks
Dividend criteria checks 2/6
Morris State Bancshares is a dividend paying company with a current yield of 1.62% that is well covered by earnings. Next payment date is on 15th December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
1.6%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.1% |
| Next dividend pay date | 15 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$0.368 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MBLU has been paying a dividend for less than 10 years.
Growing Dividend: MBLU's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Morris State Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MBLU) | 1.6% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (MBLU) (up to 3 years) | n/a |
Notable Dividend: MBLU's dividend (1.62%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: MBLU's dividend (1.62%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), MBLU'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.