Prime Meridian Holding Dividends and Buybacks
Dividend criteria checks 1/6
Prime Meridian Holding is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.250 |
| Payout ratio | 10% |
Recent dividend and buyback 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 9 years.
Dividend Yield vs Market
| Prime Meridian Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PMHG) | 0.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (PMHG) (up to 3 years) | n/a |
Notable Dividend: PMHG's dividend (0.86%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: PMHG's dividend (0.86%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.1%), 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.