Mid-Southern Bancorp, Inc. operates as the holding company for Mid-Southern Savings Bank, FSB that provides various banking products and services to individuals and business customers. It accepts various deposit products, including checking, savings, money market, and demand accounts, as well as certificates of deposit and term deposits. The company also offers loans secured by first mortgages on one- to four-family residences, including home equity loans and lines of credit; commercial and multifamily real estate loans; construction loans secured by single-family residences; commercial and multifamily real estate loans; land and lot loans; commercial business loans; consumer loans, including new and used manufactured homes, automobiles and truck, boats, and motorcycles and recreational vehicle loans; loans secured by savings deposits and other personal loans; and unsecured consumer loans. In addition, it holds and manages an investment securities portfolio. The company provides its products and services through its main office in Salem; and through its branch offices located in Mitchell and Orleans, Indiana, as well as through loan production offices located in New Albany, Indiana and Louisville, Kentucky. The company was founded in 1886 and is headquartered in Salem, Indiana.
Mid-Southern Bancorp Dividend Announcement
• Mid-Southern Bancorp announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• Mid-Southern Bancorp annual dividend for 2024 was $0.24
• Mid-Southern Bancorp annual dividend for 2023 was $0.24
• Mid-Southern Bancorp's trailing twelve-month (TTM) dividend yield is 1.68%
• Mid-Southern Bancorp's payout ratio for the trailing twelve months (TTM) is 14.87%
• Mid-Southern Bancorp's dividend growth over the last five years (2018-2023) was 64.38% year
Mid-Southern Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.06 | quarterly | 2024-11-22 |
2024-08-09 | $0.06 | quarterly | 2024-08-23 |
2024-05-09 | $0.06 | quarterly | 2024-05-24 |
2024-02-08 | $0.06 | quarterly | 2024-02-23 |
2023-11-09 | $0.06 | quarterly | 2023-11-24 |
2023-08-10 | $0.06 | quarterly | 2023-08-25 |
2023-05-11 | $0.06 | quarterly | 2023-05-26 |
2023-02-09 | $0.06 | quarterly | 2023-02-24 |
2022-11-09 | $0.06 | quarterly | 2022-11-25 |
2022-08-11 | $0.04 | quarterly | 2022-08-26 |
2022-05-12 | $0.04 | quarterly | 2022-05-27 |
2022-02-10 | $0.04 | quarterly | 2022-02-25 |
2021-11-10 | $0.04 | quarterly | 2021-11-26 |
2021-08-12 | $0.03 | quarterly | 2021-08-27 |
2021-05-13 | $0.03 | quarterly | 2021-05-28 |
2021-02-18 | $0.03 | quarterly | 2021-03-01 |
2020-11-12 | $0.02 | quarterly | 2020-11-30 |
2020-08-13 | $0.02 | quarterly | 2020-08-31 |
2020-05-14 | $0.02 | quarterly | 2020-06-01 |
2020-02-13 | $0.02 | quarterly | 2020-03-02 |
2019-11-14 | $0.02 | quarterly | 2019-12-02 |
2019-08-15 | $0.02 | quarterly | 2019-09-03 |
2019-05-16 | $0.02 | quarterly | 2019-06-03 |
2019-02-14 | $0.02 | quarterly | 2019-03-01 |
2018-11-15 | $0.02 | quarterly | 2018-12-03 |
2017-04-27 | $0.06 | quarterly | 2017-05-05 |
2013-12-12 | $0.13 | quarterly | 2014-01-02 |
2013-09-12 | $0.13 | quarterly | 2013-10-01 |
2013-06-12 | $0.13 | quarterly | 2013-07-01 |
2013-03-13 | $0.13 | quarterly | 2013-04-01 |
2012-12-13 | $0.13 | quarterly | 2013-01-02 |
2012-09-13 | $0.13 | quarterly | 2012-10-01 |
2012-06-13 | $0.13 | quarterly | 2012-07-02 |
2012-03-15 | $0.13 | quarterly | 2012-04-06 |
2011-12-14 | $0.13 | quarterly | 2012-01-03 |
2011-10-04 | $0.13 | quarterly | |
2011-06-15 | $0.13 | quarterly | 2011-07-01 |
2011-03-10 | $0.13 | quarterly | 2011-04-01 |
2010-12-15 | $0.13 | quarterly | 2011-01-03 |
2010-09-13 | $0.13 | quarterly | 2010-10-01 |
2010-06-10 | $0.13 | quarterly | 2010-07-01 |
2010-03-11 | $0.13 | quarterly | 2010-04-01 |
Mid-Southern Bancorp Dividend per year
Mid-Southern Bancorp Dividend growth
Mid-Southern Bancorp Dividend Yield
Mid-Southern Bancorp current trailing twelve-month (TTM) dividend yield is 1.68%. Interested in purchasing Mid-Southern Bancorp stock? Use our calculator to estimate your expected dividend yield:
Mid-Southern Bancorp Financial Ratios
Mid-Southern Bancorp Dividend FAQ
Other factors to consider when evaluating Mid-Southern 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.
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1. Determination of Dividend: Mid-Southern 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-Southern 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-Southern 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-Southern 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.
1. Record Date: Mid-Southern 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-Southern 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-Southern 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.
To assess the safety of Mid-Southern 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-Southern 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.