What is SPMC's current dividend yield?

Sound Point Meridian Capital, Inc. (SPMC) has a dividend yield of 21.05%, paying $2.40 per share annually.

How often does SPMC pay dividends?

Sound Point Meridian Capital, Inc. typically pays dividends on a quarterly basis. The annual dividend totals $2.40 per share.

When is SPMC's next ex-dividend date?

The most recent ex-dividend date for Sound Point Meridian Capital, Inc. was June 15, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.

What is SPMC's payout ratio?

Sound Point Meridian Capital, Inc. has a payout ratio of 0%, meaning it distributes 0% of its earnings as dividends. This leaves significant room for dividend growth.

Sound Point Meridian Capital, Inc. (SPMC) Dividend Analysis

Comprehensive dividend yield, safety, growth, and income analysis for SPMC.

Sound Point Meridian Capital, Inc. (SPMC) pays a high 21.05% dividend yield, or $2.40 per share annually at a stock price of $9.21. The payout ratio of 0% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend -2.6x. The most recent ex-dividend date was June 15, 2026.

Dividend Overview

Sound Point Meridian Capital, Inc. (SPMC) pays a high 21.05% dividend yield, or $2.40 per share annually at a stock price of $9.21.

Dividend Yield

21.05%

Annual Dividend

$2.40

Share Price

$9.21

Ex-Dividend Date

Jun 15, 2026

Consecutive Years

0 yrs

Sector

Financial Services

Dividend Safety

Safe

The payout ratio of 0% is well within sustainable levels, leaving room for future increases.

Payout Ratio0%

0%60%80%100%

DRIP Projection

$10,000 invested in SPMC with dividends reinvested would grow to approximately $67,567 after 10 years, generating roughly $14,225/year in dividend income. This projection assumes the current 21.05% yield and a constant dividend with all dividends reinvested.

Year	Portfolio Value	Annual Income	Total Return
Year 1	$12,105	$2,548	+21%
Year 5	$25,994	$5,472	+160%
Year 10	$67,567	$14,225	+576%
Year 15	$175,632	$36,975	+1656%
Year 20	$456,532	$96,111	+4465%

Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.