Mid Penn Bancorp (Mid Penn Bancorp) Dividend Payout Ratio : 0.27 (As of Dec. 2023)

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What is Mid Penn Bancorp Dividend Payout Ratio?

Mid Penn Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.27.

The historical rank and industry rank for Mid Penn Bancorp's Dividend Payout Ratio or its related term are showing as below:

MPB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.26 Max: 0.32
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of Mid Penn Bancorp was 0.32. The lowest was 0.21. And the median was 0.26.

MPB's Dividend Payout Ratio is ranked better than
61.33% of 1086 companies
in the Banks industry
Industry Median: 0.34 vs MPB: 0.29

As of today (2024-05-01), the Dividend Yield % of Mid Penn Bancorp is 3.85%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mid Penn Bancorp was 4.31%. The lowest was 1.26%. And the median was 2.53%.

Mid Penn Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.20.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mid Penn Bancorp was 33.90% per year. The lowest was -37.00% per year. And the median was 4.60% per year.

The growth rate is calculated with least square regression.

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

Mid Penn Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Mid Penn Bancorp's Dividend Payout Ratio 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.

Mid Penn Bancorp Dividend Payout Ratio Chart

Mid Penn Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.32

0.22

0.23

0.29

Mid Penn Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.28	0.26	0.35	0.27	0.27

Competitive Comparison of Mid Penn Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Mid Penn Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Mid Penn Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mid Penn Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mid Penn Bancorp's Dividend Payout Ratio falls into.

Mid Penn Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mid Penn Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.8	/	2.718
	=	0.29

Mid Penn Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.2	/	0.729
	=	0.27

Mid Penn Bancorp (NAS:MPB) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mid Penn Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mid Penn Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mid Penn Bancorp (Mid Penn Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mid Penn Bancorp Inc (NAS:MPB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2407 Park Drive, Harrisburg, PA, USA, 17110

Website

https://www.midpennbank.com

Mid Penn Bancorp Inc operates in the financial services domain. It conducts commercial banking and trust business in the United States. Its range of services comprises mortgage and home equity loans, secured and unsecured consists and consumer loans, lines of credit, construction financing, farm loans, community development, and local government loans, and various types of time and demand deposits.

Executives

Hudson Brian Arden Sr.	director	2407 PARK DRIVE, HARRISBURG PA 17110
Theodore W Mowery	director	2407 PARK DRIVE, HARRISBURG PA 17110
Robert C Grubic	director	2407 PARK DRIVE, HARRISBURG PA 17110
De Soto Matthew G	director	2407 PARK DRIVE, HARRISBURG PA 17110
Albert J. Evans	director	2407 PARK DRIVE, HARRISBURG PA 17110
Robert A Abel	director	2407 PARK DRIVE, HARRISBURG PA 17110
Kimberly J Brumbaugh	director	349 UNION STREET, MILLERSBURG PA 17061
Joel L. Frank	director	2407 PARK DRIVE, HARRISBURG PA 17110
Bruce A Kiefer	director	2407 PARK DRIVE, HARRISBURG PA 17110
John E Noone	director	2407 PARK DRIVE, HARRISBURG PA 17110
Frank Jr Gumina	director	98 FAIRWAY BLVD, MONROE TOWNSHIP NJ 08831
Maureen M. Gathagan	director	2407 PARK DRIVE, HARRISBURG PA 17110
Rory G Ritrievi	director, officer: President & CEO	2407 PARK DRIVE, HARRISBURG PA 17110
Quandel Noble C Jr	director	2407 PARK DRIVE, HARRISBURG PA 17110
Gregory M Kerwin	director	2407 PARK DRIVE, HARRISBURG PA 17110