Meridian Corporation (MRBK) Dividends
Dividend Yield and Dividend History Highlights
- Over the past six years, MRBK has issued more dividends than 2.93% of other dividend-issuing US stocks.
- As for its free cash flow/dividend ratio, MRBK's comes in at 4.01 -- better than 93.04% of other US-listed dividend issuers.
- As for stocks whose price is uncorrelated with MRBK's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: GHG, NWFL, UFAB, PRPL and TAK.
MRBK Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $13.93 | $1289.04 | 3832.39% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for MRBK, the DDM model, as implemented by StockNews, implies a positive return of 3832.39% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Meridian Corp are:
- Regarding its relative worth based on the dividend discount model, MRBK's provides a return of 3832.39% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 97.86% of all stocks we measured with our dividend discount model.
- A stock's beta generally indicates its volatility relative to the broader equity market; for Meridian Corp, its beta is lower than 94.78% of dividend issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Financial Services sector, Meridian Corp has an equity discount rate lower than 97.86% of them.
MRBK Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-12 | Dividend | $0.13 | -- |
| 2024-08-12 | Dividend | $0.13 | -- |
| 2024-05-10 | Dividend | $0.13 | -- |
| 2024-02-09 | Dividend | $0.13 | -- |
| 2023-11-10 | Dividend | $0.13 | -- |
| 2023-08-11 | Dividend | $0.13 | -- |
| 2023-05-12 | Dividend | $0.13 | +100.00% |
| 2023-03-21 | Split | 2-1-for-1 Stock Split | N/A |
| 2023-02-13 | Dividend | $0.13 | -37.50% |
| 2022-11-10 | Dividend | $0.20 | -- |
| 2022-08-12 | Dividend | $0.20 | -- |
| 2022-05-13 | Dividend | $0.20 | -83.33% |
| 2022-02-11 | Dividend | $1.20 | +500.00% |
| 2021-11-12 | Dividend | $0.20 | +60.00% |
| 2021-08-06 | Dividend | $0.13 | -- |
| 2021-05-07 | Dividend | $0.13 | -87.50% |
| 2021-02-26 | Dividend | $1.00 | +700.00% |
| 2021-02-10 | Dividend | $0.13 | -- |
| 2020-11-06 | Dividend | $0.13 | -- |
| 2020-08-07 | Dividend | $0.13 | -- |
MRBK Dividends vs. Peers
MRBK's dividend yield currently ranks #19 of 111 vs. its peers in the Northeast Regional Banks category.