Mechanics Bank Dividend

What is Mechanics Bank current dividend yield, its reliability and sustainability?

[object Object] Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


12.96%

Current Dividend Yield

Dividend Yield vs Market

Mechanics Bank Dividend Yield vs Market
How does MCHB dividend yield compare to the market?
SegmentDividend Yield
Company (MCHB)13.0%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.2%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (MCHB)n/a

Notable Dividend: MCHB's dividend (12.96%) is higher than the bottom 25% of dividend payers in the US market (1.55%).

High Dividend: MCHB's dividend (12.96%) is in the top 25% of dividend payers in the US market (4.37%)


Stability and Growth of Payments

How stable has Mechanics Bank's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
10/29/20223,24012.96
11/11/20213,24012.36
4/16/20154401.59
4/1/20144402.22
3/20/20134403.3
3/21/20124403.91
3/6/20124403.83

Stable Dividend: MCHB's dividends per share have been stable in the past 10 years.

Growing Dividend: MCHB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.2%), MCHB'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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