Sound Point Meridian Capital, Inc. (SPMC) Dividend Yield, History & Safety Analysis
Sound Point Meridian Capital, Inc. (SPMC) pays a high 21.00% dividend yield, or $2.40 per share annually at a stock price of $11.35. The payout ratio of 0% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend -2.6x. Dividend growth has been steady, with a 3-year CAGR of -8.0% and a 5-year CAGR of -8.0% (10-year: -8.0%). The most recent ex-dividend date was June 15, 2026.
- Dividend Yield
- 21.00%
- Annual Dividend
- $2.40
- Payout Ratio
- 0.0%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-15
- Sector
- Financial Services
- Earnings Per Share
- $-6.15
Frequently Asked Questions
What is SPMC's current dividend yield?
Sound Point Meridian Capital, Inc. (SPMC) has a dividend yield of 21.00%, 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.
Is SPMC's dividend safe?
Sound Point Meridian Capital, Inc.'s dividend safety is rated "Safe." The payout ratio of 0% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend -2.6x.
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 dividend growth rate?
Sound Point Meridian Capital, Inc. has a 5-year dividend compound annual growth rate (CAGR) of -8.0%. The 10-year CAGR is -8.0%.
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.
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