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Sound Point Meridian Capital (SPMC) Dividend Yield, Date & History

$20.30 -0.15 (-0.73%)
(As of 12:56 PM ET)

Dividend Summary

Dividend Yield
13.00%
Annual Dividend
$2.64
Next
Dividend Payment
Nov. 29
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Sound Point Meridian Capital vs. The Competition

TypeSound Point Meridian CapitalFinance CompaniesNYSE Companies
Annual Dividend$2.64$1.89$1.55
Dividend Yield13.00%1,013.43%349.44%
Annualized 3-Year Dividend Growth0.00%12.92%15.73%

Sound Point Meridian Capital Dividend Payout Ratio

TypePayout Ratio
Based on This Year's Estimates211.20%
Based on Next Year's Estimates96.00%

Sound Point Meridian Capital Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/12/2024monthly$0.2413.5%3/14/20253/14/20253/31/2025
11/11/2024monthly$0.2413.5%2/14/20252/14/20252/28/2025
8/15/2024Monthly$0.2212/16/202412/16/202412/31/2024
8/19/2024monthly$0.2213.6%12/16/202412/16/202412/31/2024
8/16/2024monthly$0.2213.6%11/15/202411/15/202411/29/2024
6/27/2024Monthly$0.3018.09%9/16/20249/16/20249/30/2024
(Data available from 1/1/2013 forward)

Sound Point Meridian Capital Dividend - Frequently Asked Questions

What is Sound Point Meridian Capital's dividend yield?

The current dividend yield for Sound Point Meridian Capital is 12.91%. Learn more on SPMC's dividend yield history.

How much is Sound Point Meridian Capital's annual dividend?

The annual dividend for SPMC shares is $2.64. Learn more on SPMC's annual dividend history.

How often does Sound Point Meridian Capital pay dividends?

Sound Point Meridian Capital pays monthly dividends to shareholders.

When is Sound Point Meridian Capital's next dividend payment?

Sound Point Meridian Capital's next monthly dividend payment of $0.24 per share will be made to shareholders on Monday, March 31, 2025.

When is Sound Point Meridian Capital's next dividend payment?

Sound Point Meridian Capital's next monthly dividend payment of $0.24 per share will be made to shareholders on Friday, February 28, 2025.

When is Sound Point Meridian Capital's next dividend payment?

Sound Point Meridian Capital's next monthly dividend payment of $0.24 per share will be made to shareholders on Tuesday, December 31, 2024.

When is Sound Point Meridian Capital's next dividend payment?

Sound Point Meridian Capital's next monthly dividend payment of $0.24 per share will be made to shareholders on Tuesday, December 31, 2024.

When is Sound Point Meridian Capital's next dividend payment?

Sound Point Meridian Capital's next monthly dividend payment of $0.24 per share will be made to shareholders on Friday, November 29, 2024.

When is Sound Point Meridian Capital's ex-dividend date?

Sound Point Meridian Capital's next ex-dividend date is Friday, March 14, 2025.

When is Sound Point Meridian Capital's ex-dividend date?

Sound Point Meridian Capital's next ex-dividend date is Friday, February 14, 2025.

When is Sound Point Meridian Capital's ex-dividend date?

Sound Point Meridian Capital's next ex-dividend date is Monday, December 16, 2024.

When is Sound Point Meridian Capital's ex-dividend date?

Sound Point Meridian Capital's next ex-dividend date is Monday, December 16, 2024.

When was Sound Point Meridian Capital's most recent ex-dividend date?

Sound Point Meridian Capital's most recent ex-dividend date was Friday, November 15, 2024.

When did Sound Point Meridian Capital last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.02 on Monday, November 11, 2024.

What is Sound Point Meridian Capital's dividend payout ratio?
The dividend payout ratio for SPMC is:
  • 211.20% based on this year's estimates
  • 96.00% based on next year's estimates
Is Sound Point Meridian Capital a good dividend stock?

Sound Point Meridian Capital's dividend yield of 12.99% is higher than the average Finance company that issues a dividend. SPMC has a dividend yield higher than 75% of all dividend-paying stocks 5.48, making it a leading dividend payer.


This page (NYSE:SPMC) was last updated on 11/21/2024 by MarketBeat.com Staff
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