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Meridian (Meridian) Dividends per Share : $0.50 (TTM As of Mar. 2024)


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What is Meridian Dividends per Share?

Meridian's dividends per share for the three months ended in Mar. 2024 was $0.13. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.50. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.52. As of today, Meridian's Dividend Yield % is 4.81%.

During the past 12 months, Meridian's average Dividends Per Share Growth Rate was 17.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% 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 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Meridian was 58.70% per year. The lowest was 58.70% per year. And the median was 58.70% per year.

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


Meridian Dividends per Share Historical Data

The historical data trend for Meridian's Dividends per Share can be seen below:

* 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.

* Premium members only.

Meridian Dividends per Share Chart

Meridian Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only - 0.13 0.29 0.40 0.50

Meridian Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.13 0.13 0.13 0.13

Competitive Comparison of Meridian's Dividends per Share

For the Banks - Regional subindustry, Meridian's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Meridian's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Meridian's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Meridian's Dividend Yield % falls into.



Meridian Dividends per Share Calculation

Dividends paid to per common share.


Meridian  (NAS:MRBK) Dividends per Share Explanation

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

Meridian'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 )
=0.125/ 0.24
=0.52

During the past 9 years, the highest Dividend Payout Ratio of Meridian was 0.48. The lowest was 0.06. And the median was 0.16.

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

Meridian Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1250002024-05-102024-05-132024-05-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.1250002024-02-092024-02-122024-02-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.1250002023-11-102023-11-132023-11-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.1250002023-08-112023-08-142023-08-21Cash DividendquarterlyUSD: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.


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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5/10.39
=4.81 %

Current Share Price is $10.39.
Meridian's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.5.

During the past 9 years, the highest Dividend Yield of Meridian was 5.88%. The lowest was 0.51%. And the median was 2.37%.

* 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.


Meridian Dividends per Share Related Terms

Thank you for viewing the detailed overview of Meridian's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Meridian (Meridian) Business Description

Traded in Other Exchanges
N/A
Address
9 Old Lincoln Highway, Malvern, PA, USA, 19335
Meridian Corp is a full-service, state-chartered commercial bank providing personal, business lending, and deposit services. It operates in three business segments including Bank, Wealth, and Mortgage. The Bank segment consists of commercial and retail banking. The mortgage division consists of a mortgage consultant's guide. Its mortgage portfolio includes commercial mortgage, home equity, residential mortgage, construction, commercial, industrial, and consumer loans. It generates maximum revenue from the Bank segment.
Executives
Denise Lindsay director, officer: Exec Vice President and CFO 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Anthony Mark Imbesi director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Christopher J. Annas director, officer: Chairman & CEO 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Robert M. Casciato director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Robert T. Holland director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Edward J. Hollin director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Christine Marie Helmig director 575 WELLINGTON SQUARE, UNIT 205, EXTON PA 19341
Collier George C. Iii director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Charles D. Kochka officer: Chief Lending Officer 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Kenneth H. Slack director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Joseph L. Cafarchio officer: Chief Credit Officer 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Randall J Mcgarry officer: Chief Information Officer 4390 DAVISVILLE ROAD, HATBORO PA 19040

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