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Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and IRAs. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and wealth management services. As of December 31, 2021, it operated sixty full-service retail banking locations in Berks, Blair, Bucks, Centre, Chester, Clearfield, Cumberland, Dauphin, Fayette, Huntingdon, Lancaster, Lehigh, Luzerne, Lycoming, Montgomery, Northumberland, Perry, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Harrisburg, Pennsylvania.

Mid Penn Bancorp Dividend Announcement

Mid Penn Bancorp announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-08
Mid Penn Bancorp annual dividend for 2024 was $0.80
Mid Penn Bancorp annual dividend for 2023 was $0.80
Mid Penn Bancorp's trailing twelve-month (TTM) dividend yield is 2.43%
Mid Penn Bancorp's payout ratio for the trailing twelve months (TTM) is 31.96%
Mid Penn Bancorp's dividend growth over the last five years (2018-2023) was 12.20% year
Mid Penn Bancorp's dividend growth over the last ten years (2013-2023) was 12.33% year

Mid Penn Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-08$0.20quarterly2024-11-25
2024-08-09$0.20quarterly2024-08-26
2024-05-09$0.20quarterly2024-05-27
2024-02-08$0.20quarterly2024-02-20
2023-11-09$0.20quarterly2023-11-27
2023-08-09$0.20quarterly2023-08-28
2023-05-09$0.20quarterly2023-05-22
2023-02-09$0.20quarterly2023-02-20
2022-11-09$0.20quarterly2022-11-28
2022-08-09$0.20quarterly2022-08-22
2022-05-09$0.20quarterly2022-05-23
2022-02-10$0.20quarterly2022-02-28
2021-11-09$0.20quarterly2021-11-22
2021-08-09$0.20quarterly2021-08-23
2021-05-07$0.20quarterly2021-05-24
2021-02-09$0.19quarterly2021-02-22
2021-01-08$0.05quarterly2021-01-25
2020-11-09$0.18quarterly2020-11-23
2020-08-07$0.18quarterly2020-08-24
2020-05-08$0.18quarterly2020-05-25
2020-02-04$0.23quarterly2020-02-24
2019-11-05$0.18quarterly2019-11-25
2019-08-06$0.18quarterly2019-08-26
2019-05-07$0.18quarterly2019-05-27
2019-02-05$0.25quarterly2019-02-25
2018-11-06$0.15quarterly2018-11-26
2018-08-07$0.15quarterly2018-08-27
2018-05-08$0.15quarterly2018-05-28
2017-12-20$0.25quarterly2018-01-12
2017-11-07$0.13quarterly2017-11-27
2017-08-07$0.13quarterly2017-08-28
2017-05-08$0.13quarterly2017-05-22
2017-02-06$0.13quarterly2017-02-27
2016-12-30$0.10quarterly2017-01-17
2016-11-07$0.12quarterly2016-11-28
2016-08-08$0.12quarterly2016-08-22
2016-05-09$0.12quarterly2016-05-23
2016-02-08$0.22quarterly2016-02-22
2015-11-06$0.12quarterly2015-11-23
2015-08-03$0.12quarterly2015-08-24
2015-05-04$0.10quarterly2015-05-25
2015-02-09$0.10quarterly2015-02-23
2014-12-24$0.10quarterly2015-01-19
2014-11-03$0.10quarterly2014-11-24
2014-08-04$0.10quarterly2014-08-25
2014-05-05$0.10quarterly2014-05-26
2014-02-03$0.05quarterly2014-02-24
2013-12-26$0.10quarterly2014-01-20
2013-11-04$0.05quarterly2013-11-25
2013-08-05$0.05quarterly2013-08-26
2013-05-06$0.05quarterly2013-05-27

Mid Penn Bancorp Dividend per year

Mid Penn Bancorp Dividend growth

Mid Penn Bancorp Dividend Yield

Mid Penn Bancorp current trailing twelve-month (TTM) dividend yield is 2.43%. Interested in purchasing Mid Penn Bancorp stock? Use our calculator to estimate your expected dividend yield:

Mid Penn Bancorp Financial Ratios

P/E ratio11.30
PEG ratio0.64
P/B ratio0.95
ROE8.68%
Payout ratio31.96%
Current ratio0.64
Quick ratio0.64
Cash Ratio0.58

Mid Penn Bancorp Dividend FAQ

How much is the next Mid Penn Bancorp dividend?
Mid Penn Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mid Penn Bancorp dividend. The next Mid Penn Bancorp dividend will be released in February, May, August, or November.
When is Mid Penn Bancorp dividend paid?
Mid Penn Bancorp 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 Mid Penn Bancorp pay?
The specific amount of Mid Penn Bancorp 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 Mid Penn Bancorp's dividend history.
Does Mid Penn Bancorp stock pay dividends?
Yes, Mid Penn Bancorp 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 Mid Penn Bancorp's dividend history.
How much dividend does Mid Penn Bancorp pay?
Mid Penn Bancorp paid $0.8 in 2024, $0.8 in 2023, $0.8 in 2022, $0.84 in 2021, and $0.77 in 2020.
How often does Mid Penn Bancorp pay dividends?
Mid Penn Bancorp 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 Mid Penn Bancorp's dividend yield?
The current dividend yield for Mid Penn Bancorp is 2.43%. 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 Mid Penn Bancorp's exact dividend yield.
When does Mid Penn Bancorp go ex dividend?
Mid Penn Bancorp's ex-dividend date for the latest dividend was on 2024-11-08. Mid Penn Bancorp 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 Mid Penn Bancorp dividend paid?
Mid Penn Bancorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Mid Penn Bancorp 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 Mid Penn Bancorp 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 Mid Penn Bancorp dividend per share?
Mid Penn Bancorp paid $0.8 per share in 2024 and $0.8 per share in 2023. The amount of dividend per share that Mid Penn Bancorp 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 Mid Penn Bancorp 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 Mid Penn Bancorp 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 Mid Penn Bancorp a dividend stock?
Yes, Mid Penn Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mid Penn Bancorp a good dividend stock?
Whether Mid Penn Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mid Penn Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Mid Penn Bancorp 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 Mid Penn Bancorp pay dividends monthly?
Mid Penn Bancorp typically pays dividends on a quarterly basis.
Does Mid Penn Bancorp pay dividends quarterly?
Mid Penn Bancorp currently pays dividends on a quarterly basis.
Has Mid Penn Bancorp ever paid a dividend?
Yes, Mid Penn Bancorp has a history of paying dividends to its shareholders. Mid Penn Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mid Penn Bancorp dividend stocks?
To buy Mid Penn Bancorp 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 Mid Penn Bancorp 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 Mid Penn Bancorp pay dividends 2024?
Mid Penn Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-25. 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 Mid Penn Bancorp increase its dividend in 2024?
Decisions regarding Mid Penn Bancorp 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 Mid Penn Bancorp dividend overview you can look into the above table of dividend history.
How Mid Penn Bancorp dividend works?
The Mid Penn Bancorp 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 Mid Penn Bancorp's dividend process works:

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

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

3. Currency: Mid Penn Bancorp 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 Mid Penn Bancorp pay dividends?
Mid Penn Bancorp 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 Mid Penn Bancorp pay dividends?
The general pattern is that Mid Penn Bancorp 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 Mid Penn Bancorp dividend safe?
The safety of Mid Penn Bancorp'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 Mid Penn Bancorp'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 Mid Penn Bancorp'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.