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MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States. It provides consumer and commercial checking accounts, savings accounts, certificates of deposits, money transfers, and other banking services. The company also offers construction and development, commercial real estate, commercial and industrial, single family residential mortgage, small business administration, and other consumer loans; and online banking, treasury management, wire transfer, automated clearing house, and cash management services. It serves small to medium-sized businesses, individuals, businesses, municipalities, and other entities. The company operates 19 full-service branch locations in Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia. The company was founded in 2006 and is headquartered in Doraville, Georgia.

MetroCity Bankshares Dividend Announcement

MetroCity Bankshares announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-10-30
MetroCity Bankshares annual dividend for 2024 was $0.83
MetroCity Bankshares annual dividend for 2023 was $0.72
MetroCity Bankshares's trailing twelve-month (TTM) dividend yield is 2.35%
MetroCity Bankshares's payout ratio for the trailing twelve months (TTM) is 33.15%
MetroCity Bankshares's dividend growth over the last five years (2018-2023) was -1.08% year

MetroCity Bankshares Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-30$0.23quarterly2024-11-08
2024-07-31$0.20quarterly2024-08-09
2024-04-30$0.20quarterly2024-05-10
2024-01-30$0.20quarterly2024-02-09
2023-10-31$0.18quarterly2023-11-10
2023-08-02$0.18quarterly2023-08-11
2023-05-02$0.18quarterly2023-05-12
2023-01-31$0.18quarterly2023-02-10
2022-11-01$0.15quarterly2022-11-10
2022-08-02$0.15quarterly2022-08-12
2022-05-03$0.15quarterly2022-05-13
2022-02-01$0.15quarterly2022-02-11
2021-11-02$0.14quarterly2021-11-12
2021-08-02$0.12quarterly2021-08-12
2021-05-03$0.10quarterly2021-05-13
2021-02-02$0.10quarterly2021-02-12
2020-11-03$0.09quarterly2020-11-13
2020-07-30$0.09quarterly2020-08-07
2020-04-30$0.11quarterly2020-05-08
2020-01-30$0.11quarterly2020-02-07
2019-10-31$0.11quarterly2019-11-08
2019-07-31$0.22quarterly2019-08-08
2019-04-30$0.20quarterly2019-05-08
2019-01-30$0.20quarterly2019-02-08
2018-10-31$0.20quarterly2018-11-08
2018-07-31$0.20quarterly2018-08-07
2018-05-01$0.18quarterly2018-05-11
2018-01-31$0.18quarterly2018-02-09
2017-10-31$0.15quarterly2017-11-10
2017-07-31$0.10quarterly2017-08-11
2017-05-01$0.10quarterly2017-05-12
2017-01-30$0.10quarterly2017-02-10

MetroCity Bankshares Dividend per year

MetroCity Bankshares Dividend growth

MetroCity Bankshares Dividend Yield

MetroCity Bankshares current trailing twelve-month (TTM) dividend yield is 2.35%. Interested in purchasing MetroCity Bankshares stock? Use our calculator to estimate your expected dividend yield:

MetroCity Bankshares Financial Ratios

P/E ratio14.99
PEG ratio2.10
P/B ratio2.19
ROE14.97%
Payout ratio33.15%
Current ratio0.56
Quick ratio0.56
Cash Ratio0.50

MetroCity Bankshares Dividend FAQ

How much is the next MetroCity Bankshares dividend?
MetroCity Bankshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MetroCity Bankshares dividend. The next MetroCity Bankshares dividend will be released in January, May, August, or October.
When is MetroCity Bankshares dividend paid?
MetroCity Bankshares pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, May, August, and October. 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 MetroCity Bankshares pay?
The specific amount of MetroCity Bankshares 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 MetroCity Bankshares's dividend history.
Does MetroCity Bankshares stock pay dividends?
Yes, MetroCity Bankshares 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 MetroCity Bankshares's dividend history.
How much dividend does MetroCity Bankshares pay?
MetroCity Bankshares paid $0.83 in 2024, $0.72 in 2023, $0.6 in 2022, $0.46 in 2021, and $0.4 in 2020.
How often does MetroCity Bankshares pay dividends?
MetroCity Bankshares 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 January, May, August, and October.
What is MetroCity Bankshares's dividend yield?
The current dividend yield for MetroCity Bankshares is 2.35%. 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 MetroCity Bankshares's exact dividend yield.
When does MetroCity Bankshares go ex dividend?
MetroCity Bankshares's ex-dividend date for the latest dividend was on 2024-10-30. MetroCity Bankshares 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 MetroCity Bankshares dividend paid?
MetroCity Bankshares pays dividends on a quarterly basis, typically around January, May, August, or October, but the exact dates can vary each year.
Will MetroCity Bankshares 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 MetroCity Bankshares 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 MetroCity Bankshares dividend per share?
MetroCity Bankshares paid $0.83 per share in 2024 and $0.72 per share in 2023. The amount of dividend per share that MetroCity Bankshares 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 MetroCity Bankshares 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 MetroCity Bankshares 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 MetroCity Bankshares a dividend stock?
Yes, MetroCity Bankshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MetroCity Bankshares a good dividend stock?
Whether MetroCity Bankshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MetroCity Bankshares has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MetroCity Bankshares 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 MetroCity Bankshares pay dividends monthly?
MetroCity Bankshares typically pays dividends on a quarterly basis.
Does MetroCity Bankshares pay dividends quarterly?
MetroCity Bankshares currently pays dividends on a quarterly basis.
Has MetroCity Bankshares ever paid a dividend?
Yes, MetroCity Bankshares has a history of paying dividends to its shareholders. MetroCity Bankshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MetroCity Bankshares dividend stocks?
To buy MetroCity Bankshares 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 MetroCity Bankshares 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 MetroCity Bankshares pay dividends 2024?
MetroCity Bankshares pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-08. 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 MetroCity Bankshares increase its dividend in 2024?
Decisions regarding MetroCity Bankshares 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 MetroCity Bankshares dividend overview you can look into the above table of dividend history.
How MetroCity Bankshares dividend works?
The MetroCity Bankshares 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 MetroCity Bankshares's dividend process works:

1. Determination of Dividend: MetroCity Bankshares'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, MetroCity Bankshares 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, MetroCity Bankshares 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 MetroCity Bankshares 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 MetroCity Bankshares dividends paid?
MetroCity Bankshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: MetroCity Bankshares 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, MetroCity Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: MetroCity Bankshares 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 MetroCity Bankshares pay dividends?
MetroCity Bankshares 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 MetroCity Bankshares pay dividends?
The general pattern is that MetroCity Bankshares pays dividends around January, May, August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MetroCity Bankshares dividend safe?
The safety of MetroCity Bankshares'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 MetroCity Bankshares'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 MetroCity Bankshares'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.