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Prime Meridian Holding Co (Prime Meridian Holding Co) 5-Year Dividend Growth Rate : 16.40% (As of Mar. 2024)


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What is Prime Meridian Holding Co 5-Year Dividend Growth Rate?

Prime Meridian Holding Co's Dividends per Share for the three months ended in Mar. 2024 was $0.25.

During the past 12 months, Prime Meridian Holding Co's average Dividends Per Share Growth Rate was 13.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Prime Meridian Holding Co was 33.90% per year. The lowest was 11.90% per year. And the median was 19.70% per year.

Prime Meridian Holding Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.42. As of today, Prime Meridian Holding Co's Dividend Yield % is 1.12%.

Good Sign:

Prime Meridian Holding Co stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Prime Meridian Holding Co's 5-Year Dividend Growth Rate

For the Banks - Regional subindustry, Prime Meridian Holding Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Prime Meridian Holding Co's 5-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Prime Meridian Holding Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Prime Meridian Holding Co's 5-Year Dividend Growth Rate falls into.



Prime Meridian Holding Co 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Prime Meridian Holding Co  (OTCPK:PMHG) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Prime Meridian Holding Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.25/ 0.59
=0.42

During the past 11 years, the highest Dividend Payout Ratio of Prime Meridian Holding Co was 0.11. The lowest was 0.05. And the median was 0.07.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Prime Meridian Holding Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2500002024-02-082024-02-092024-02-29Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Prime Meridian Holding Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.25/22.30
=1.12 %

Current Share Price is $22.30.
Prime Meridian Holding Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.25.

During the past 11 years, the highest Dividend Yield of Prime Meridian Holding Co was 1.18%. The lowest was 0.27%. And the median was 0.60%.

Good Sign:

Prime Meridian Holding Co stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Prime Meridian Holding Co 5-Year Dividend Growth Rate Related Terms

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Prime Meridian Holding Co (Prime Meridian Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
1471 Timberlane Road, Tallahassee, FL, USA, 32312
Prime Meridian Holding Co is a bank holding company. Its services portfolio includes mobile banking, mobile deposit, Apple Pay, Bank-to-Bank transfers, online banking, demand interest-bearing, and non-interest-bearing accounts, and savings accounts, among others. It also offers commercial real estate loans, residential and home equity loans, construction loans, commercial loans, and consumer and other loans. The majority of revenues are derived from interest income and fees on loans, interest, and dividends from investment securities, and service charge income generated from demand accounts, ATM fees, and other services.