Merchants & Marine Bancorp Dividends and Buybacks
Dividend criteria checks 2/6
Merchants & Marine Bancorp is a dividend paying company with a current yield of 3.22% that is well covered by earnings.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.450 |
| Payout ratio | 43% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MNMB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MNMB's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Merchants & Marine Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNMB) | 3.2% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (MNMB) (up to 3 years) | n/a |
Notable Dividend: MNMB's dividend (3.22%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: MNMB's dividend (3.22%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.7%), MNMB'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.