Mechanics Bank Dividend
Dividend criteria checks 4/6
Mechanics Bank is a dividend paying company with a current yield of 12.97%.
Key information
13.0%
Dividend yield
100%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.37k |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
Mechanics Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MCHB) | 13.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (MCHB) | n/a |
Notable Dividend: MCHB's dividend (12.97%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: MCHB's dividend (12.97%) is in the top 25% of dividend payers in the US market (4.73%)
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), MCHB's dividend payments are not 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.