Merchants & Marine Bancorp Dividend
Dividend criteria checks 2/6
Merchants & Marine Bancorp is a dividend paying company with a current yield of 3.31% that is well covered by earnings.
Key information
3.3%
Dividend yield
31%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.450 |
| Earnings per share | US$4.62 |
| Dividend yield forecast | n/a |
Recent dividend 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 3 years.
Dividend Yield vs Market
| Merchants & Marine Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNMB) | 3.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.9% |
| Analyst forecast (MNMB) (up to 3 years) | n/a |
Notable Dividend: MNMB's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: MNMB's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (4.33%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), 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.