Mechanics Bank Dividend
Dividend criteria checks 4/6
Mechanics Bank is a dividend paying company with a current yield of 5.38% that is well covered by earnings.
Key information
5.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.426k |
| Payout ratio | 52% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCHB's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCHB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mechanics Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCHB) | 5.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.8% |
| Analyst forecast (MCHB) (up to 3 years) | n/a |
Notable Dividend: MCHB's dividend (5.38%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: MCHB's dividend (5.38%) is in the top 25% of dividend payers in the US market (4.55%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.4%), MCHB's dividend payments are 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.