Prime Meridian Holding Dividend
Dividend criteria checks 1/6
Prime Meridian Holding is a dividend paying company with a current yield of 1.1% that is well covered by earnings.
Key information
1.1%
Dividend yield
10%
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$2.47 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PMHG has been paying a dividend for less than 10 years.
Growing Dividend: PMHG's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Prime Meridian Holding Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PMHG) | 1.1% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (PMHG) | n/a |
Notable Dividend: PMHG's dividend (1.1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: PMHG's dividend (1.1%) is low compared to the top 25% of dividend payers in the US market (4.77%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.9%), PMHG's dividend payments are thoroughly 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.