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Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services. It operates through a network of 6 full-service branches, and 19 other offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.

Meridian Dividend Announcement

Meridian announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-11-19. Ex dividend date: 2024-11-12
Meridian annual dividend for 2024 was $0.50
Meridian annual dividend for 2023 was $0.62
Meridian's trailing twelve-month (TTM) dividend yield is 2.72%
Meridian's payout ratio for the trailing twelve months (TTM) is 49.43%

Meridian Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-12$0.12quarterly2024-11-19
2024-08-12$0.12quarterly2024-08-19
2024-05-10$0.12quarterly
2024-02-09$0.12quarterly2024-02-20
2023-11-10$0.12quarterly2023-11-20
2023-08-11$0.12quarterly2023-08-21
2023-05-12$0.12quarterly2023-05-22
2023-02-13$0.25quarterly2023-02-21
2022-11-10$0.20quarterly2022-11-21
2022-08-12$0.20quarterly2022-08-22
2022-05-13$0.20quarterly2022-05-23
2022-02-11$1.20quarterly2022-02-21
2021-11-12$0.20quarterly2021-11-22
2021-08-06$0.12quarterly2021-08-16
2021-05-07$0.12quarterly2021-05-17
2021-02-26$1.00quarterly2021-03-15
2021-02-10$0.12quarterly2021-02-22
2020-11-06$0.12quarterly2020-11-23
2020-08-07$0.12quarterly2020-08-24

Meridian Dividend per year

Meridian Dividend growth

Meridian Dividend Yield

Meridian current trailing twelve-month (TTM) dividend yield is 2.72%. Interested in purchasing Meridian stock? Use our calculator to estimate your expected dividend yield:

Meridian Financial Ratios

P/E ratio13.54
PEG ratio0.17
P/B ratio0.91
ROE6.99%
Payout ratio49.43%
Current ratio0.11
Quick ratio0.61
Cash Ratio0.03

Meridian Dividend FAQ

How much is the next Meridian dividend?
Meridian's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Meridian dividend. The next Meridian dividend will be released in February, May, August, or November.
When is Meridian dividend paid?
Meridian pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Meridian pay?
The specific amount of Meridian dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Meridian's dividend history.
Does Meridian stock pay dividends?
Yes, Meridian does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Meridian's dividend history.
How much dividend does Meridian pay?
Meridian paid $0.5 in 2024, $0.625 in 2023, $1.8 in 2022, $1.575 in 2021, and $0.25 in 2020.
How often does Meridian pay dividends?
Meridian typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Meridian's dividend yield?
The current dividend yield for Meridian is 2.72%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Meridian's exact dividend yield.
When does Meridian go ex dividend?
Meridian's ex-dividend date for the latest dividend was on 2024-11-12. Meridian typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Meridian dividend paid?
Meridian pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Meridian increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Meridian will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Meridian dividend per share?
Meridian paid $0.5 per share in 2024 and $0.625 per share in 2023. The amount of dividend per share that Meridian pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Meridian a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Meridian a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Meridian a dividend stock?
Yes, Meridian is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Meridian a good dividend stock?
Whether Meridian is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Meridian has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Meridian as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Meridian pay dividends monthly?
Meridian typically pays dividends on a quarterly basis.
Does Meridian pay dividends quarterly?
Meridian currently pays dividends on a quarterly basis.
Has Meridian ever paid a dividend?
Yes, Meridian has a history of paying dividends to its shareholders. Meridian is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Meridian dividend stocks?
To buy Meridian you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Meridian stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Meridian pay dividends 2024?
Meridian pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Meridian increase its dividend in 2024?
Decisions regarding Meridian dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Meridian dividend overview you can look into the above table of dividend history.
How Meridian dividend works?
The Meridian dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Meridian's dividend process works:

1. Determination of Dividend: Meridian's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Meridian publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Meridian distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Meridian are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Meridian dividends paid?
Meridian dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Meridian sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Meridian distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Meridian declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Meridian pay dividends?
Meridian typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Meridian pay dividends?
The general pattern is that Meridian pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Meridian dividend safe?
The safety of Meridian's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Meridian's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Meridian's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.