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

$19.82
-0.04 (-0.20%)
(As of 09/9/2024 ET)

Dividend Summary

Dividend Yield
12.11%
Annual Dividend
$2.40
Next
Dividend Payment
Sep. 30
Skip Charts & View Dividend History

Sound Point Meridian Capital vs. The Competition

TypeSound Point Meridian CapitalFinance CompaniesNYSE Companies
Annual Dividend$2.40$1.74$1.55
Dividend Yield12.11%671.96%357.63%
Annualized 3-Year Dividend Growth0.00%12.85%15.77%

Sound Point Meridian Capital Dividend Payout Ratio

TypePayout Ratio
Based on This Year's Estimates216.22%
Based on Next Year's Estimates95.24%

Sound Point Meridian Capital Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 12.11%. 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 $2.40. 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 $0.22 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 $0.22 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 Monday, December 16, 2024.

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

Sound Point Meridian Capital's next ex-dividend date is 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 a decrease of $0.08 on Friday, August 16, 2024.

What is Sound Point Meridian Capital's dividend payout ratio?
The dividend payout ratio for SPMC is:
  • 216.22% based on this year's estimates
  • 95.24% based on next year's estimates
Is Sound Point Meridian Capital a good dividend stock?

Sound Point Meridian Capital's dividend yield of 12.09% is higher than the average Finance company that issues a dividend. SPMC has a dividend yield higher than 75% of all dividend-paying stocks 5.6, making it a leading dividend payer.

This page (NYSE:SPMC) was last updated on 9/10/2024 by MarketBeat.com Staff

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