Mechanics Bancorp (MCHB) Dividend Yield, History & Safety Analysis
Mechanics Bancorp (MCHB) pays a high 19.36% dividend yield, or $2.80 per share annually at a stock price of $14.40. MCHB has increased its dividend for 1 consecutive year. The payout ratio of 3% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 161.2x. Dividend growth is accelerating — the 3-year CAGR of 231.7% exceeds the 5-year rate of 21.8% and the 10-year rate of 29.7%. The most recent ex-dividend date was September 9, 2024.
- Dividend Yield
- 19.36%
- Annual Dividend
- $2.80
- Payout Ratio
- 3.3%
- Consecutive Years of Growth
- 1
- Ex-Dividend Date
- 2024-09-09
- Sector
- Financial Services
- Earnings Per Share
- $451.48
Frequently Asked Questions
What is MCHB's current dividend yield?
Mechanics Bancorp (MCHB) has a dividend yield of 19.36%, paying $2.80 per share annually.
How often does MCHB pay dividends?
Mechanics Bancorp typically pays dividends on a quarterly basis. The annual dividend totals $2.80 per share.
Is MCHB's dividend safe?
Mechanics Bancorp's dividend safety is rated "Safe." The payout ratio of 3% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 161.2x.
When is MCHB's next ex-dividend date?
The most recent ex-dividend date for Mechanics Bancorp was September 9, 2024. Ex-dividend dates are typically announced a few weeks before the payment date.
What is MCHB's dividend growth rate?
Mechanics Bancorp has a 5-year dividend compound annual growth rate (CAGR) of 21.8%. The 10-year CAGR is 29.7%.
What is MCHB's payout ratio?
Mechanics Bancorp has a payout ratio of 3%, meaning it distributes 3% of its earnings as dividends. This leaves significant room for dividend growth.
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