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Meridian (MRBK) Dividend Yield, Date & History

Meridian logo
$14.17 -0.33 (-2.28%)
(As of 12/20/2024 05:16 PM ET)

Meridian Dividend Summary

Dividend Yield
3.53%
Annual Dividend
$0.50
Recent
Dividend Payment
Nov. 19
Annualized 3-Year
Dividend Growth
58.74%
Dividend Payout Ratio
49.51%

Meridian (MRBK) pays an annual dividend of $0.50 per share, with a dividend yield of 3.53%. The next quarterly payment of $0.1250 per share was paid on Tuesday, November 19, to investors who owned the stock before the ex-dividend date of Tuesday, November 12. The company currently pays out 49.51% of its earnings and 33.52% of its cash flow as dividends.

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MRBK Dividend Payments by Quarter

The chart below displays up to four years of Meridian's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MRBK Dividend Yield Over Time

The chart below tracks Meridian's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Meridian vs. The Competition

Compare Meridian's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeMeridianFinance CompaniesNASDAQ Companies
Annual Dividend$0.50$0.02$1.31
Dividend Yield3.53%9.80%4.23%
Annualized 3-Year Dividend Growth58.74%12.89%14.22%

Meridian Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings49.51%
Based on This Year's Estimate38.76%
Based on Next Year's Estimate27.32%
Based on Cashflow33.52%

Meridian Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/22/2024Quarterly$0.1250 - 3.79%11/12/202411/12/202411/19/2024
7/25/2024Quarterly$0.1250 - 4.32%8/12/20248/12/20248/19/2024
4/25/2024Quarterly$0.1250 - 5.42%5/10/20245/13/20245/20/2024
1/25/2024Quarterly$0.1250 - 3.93%2/9/20242/12/20242/20/2024
10/26/2023Quarterly$0.1250 - 4.94%11/10/202311/13/202311/20/2023
7/27/2023Quarterly$0.1250 - 4.2%8/11/20238/14/20238/21/2023
4/27/2023Quarterly$0.1250 - 5.96%5/12/20235/15/20235/22/2023
1/30/2023Quarterly$0.1250+$0.0250
25.00%
3.14%2/13/20232/14/20232/21/2023

This table shows Meridian's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Meridian Dividend - Frequently Asked Questions

The current dividend yield for Meridian is 3.53%. Learn more on MRBK's dividend yield history.

The annual dividend for MRBK shares is $0.50. Learn more on MRBK's annual dividend history.

Meridian pays quarterly dividends to shareholders.

Meridian's most recent quarterly dividend payment of $0.1250 per share was made to shareholders on Tuesday, November 19, 2024.

Meridian's most recent ex-dividend date was Tuesday, November 12, 2024.

Over the past three years, the company's dividend has grown by an average of 58.74% per year.

The most recent change in the company's dividend was an increase of $0.0250 on Monday, January 30, 2023.

The dividend payout ratio for MRBK is:
  • 49.51% based on the trailing year of earnings
  • 38.76% based on this year's estimates
  • 27.32% based on next year's estimates
  • 33.52% based on cash flow

Meridian's dividend yield of 3.23% is lower than the average Finance company that issues a dividend. Meridian's dividend payout ratio of 49.51% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Meridian stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NASDAQ:MRBK) was last updated on 12/21/2024 by MarketBeat.com Staff
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