Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio. It provides checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities, and travelers' checks. The company also offers operational and working capital, term business, residential construction, professional, and residential and mortgage loans, as well as consumer installment loans for home improvements, automobiles, boats, and other personal expenditures; loans to finance capital purchases; selected guaranteed or subsidized loan programs for small businesses; and agricultural loans. Further, it provides official checks, money orders, ATM services, as well as IRA accounts; online banking and bill payment services to individuals; and online cash management services to business customers. In addition, the company resolves and disposes troubled assets in Ohio. As of December 31, 2021, it has 17 banking centers in Chardon, Newbury, and Middlefield, Garrettsville, Mantua, Orwell, Cortland, Dublin, Westerville, Sunbury, Powell, Beachwood, Solon, Twinsburg, and Plain City; as well as an administrative office in Middlefield, and a loan production office in Mentor. Middlefield Banc Corp. was founded in 1901 and is headquartered in Middlefield, Ohio.
Middlefield Banc Dividend Announcement
• Middlefield Banc announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-30
• Middlefield Banc annual dividend for 2024 was $0.60
• Middlefield Banc annual dividend for 2023 was $0.85
• Middlefield Banc's trailing twelve-month (TTM) dividend yield is 3.02%
• Middlefield Banc's payout ratio for the trailing twelve months (TTM) is 43.72%
• Middlefield Banc's dividend growth over the last five years (2018-2023) was -6.19% year
• Middlefield Banc's dividend growth over the last ten years (2013-2023) was -2.00% year
Middlefield Banc Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-30 | $0.20 | quarterly | 2024-09-13 |
| 2024-05-31 | $0.20 | quarterly | 2024-06-14 |
| 2024-02-29 | $0.20 | quarterly | 2024-03-15 |
| 2023-11-30 | $0.25 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.20 | quarterly | 2023-09-15 |
| 2023-06-01 | $0.20 | quarterly | 2023-06-15 |
| 2023-03-02 | $0.20 | quarterly | 2023-03-15 |
| 2022-12-01 | $0.30 | quarterly | 2022-12-15 |
| 2022-09-01 | $0.17 | quarterly | 2022-09-15 |
| 2022-06-02 | $0.17 | quarterly | 2022-06-15 |
| 2022-03-03 | $0.17 | quarterly | 2022-03-15 |
| 2021-12-02 | $0.21 | quarterly | 2021-12-15 |
| 2021-09-02 | $0.16 | quarterly | 2021-09-15 |
| 2021-06-03 | $0.16 | quarterly | 2021-06-15 |
| 2021-03-03 | $0.16 | quarterly | 2021-03-15 |
| 2020-12-03 | $0.15 | quarterly | 2020-12-15 |
| 2020-09-03 | $0.15 | quarterly | 2020-09-15 |
| 2020-06-03 | $0.15 | quarterly | 2020-06-15 |
| 2020-03-03 | $0.15 | quarterly | 2020-03-13 |
| 2019-11-27 | $0.15 | quarterly | 2019-12-13 |
| 2019-08-29 | $0.28 | quarterly | 2019-09-13 |
| 2019-05-30 | $0.28 | quarterly | 2019-06-14 |
| 2019-02-28 | $0.28 | quarterly | 2019-03-15 |
| 2018-11-27 | $0.28 | quarterly | 2018-12-15 |
| 2018-08-30 | $0.28 | quarterly | 2018-09-14 |
| 2018-05-31 | $0.28 | quarterly | 2018-06-15 |
| 2018-02-27 | $0.33 | quarterly | 2018-03-15 |
| 2017-11-27 | $0.27 | quarterly | 2017-12-15 |
| 2017-08-30 | $0.27 | quarterly | 2017-09-15 |
| 2017-05-31 | $0.27 | quarterly | 2017-06-15 |
| 2017-02-24 | $0.27 | quarterly | 2017-03-15 |
| 2016-11-23 | $0.27 | quarterly | 2016-12-15 |
| 2016-08-31 | $0.27 | quarterly | 2016-09-15 |
| 2016-06-01 | $0.27 | quarterly | 2016-06-15 |
| 2016-02-25 | $0.27 | quarterly | 2016-03-11 |
| 2015-11-27 | $0.27 | quarterly | 2015-12-15 |
| 2015-09-01 | $0.27 | quarterly | 2015-09-14 |
| 2015-06-02 | $0.27 | quarterly | 2015-06-15 |
| 2015-02-26 | $0.26 | quarterly | 2015-03-13 |
| 2014-11-26 | $0.26 | quarterly | 2014-12-15 |
| 2014-09-02 | $0.26 | quarterly | 2014-09-15 |
| 2014-06-03 | $0.26 | quarterly | 2014-06-16 |
| 2014-02-27 | $0.26 | quarterly | 2014-03-14 |
| 2013-11-27 | $0.26 | quarterly | 2013-12-16 |
| 2013-08-28 | $0.26 | quarterly | 2013-09-16 |
| 2013-05-30 | $0.26 | quarterly | 2013-06-14 |
| 2013-02-28 | $0.26 | quarterly | 2013-03-15 |
Middlefield Banc Dividend per year
Middlefield Banc Dividend growth
Middlefield Banc Dividend Yield
Middlefield Banc current trailing twelve-month (TTM) dividend yield is 3.02%. Interested in purchasing Middlefield Banc stock? Use our calculator to estimate your expected dividend yield:
Middlefield Banc Financial Ratios
P/E ratio14.48
PEG ratio0.70
P/B ratio1.10
ROE7.74%
Payout ratio43.72%
Current ratio0.06
Quick ratio0.06
Cash Ratio0.05
Middlefield Banc Dividend FAQ
How much is the next Middlefield Banc dividend?
Middlefield Banc's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Middlefield Banc dividend. The next Middlefield Banc dividend will be released in March, June, August, or November.
When is Middlefield Banc dividend paid?
Middlefield Banc pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, 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 Middlefield Banc pay?
The specific amount of Middlefield Banc 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 Middlefield Banc's dividend history.
Does Middlefield Banc stock pay dividends?
Yes, Middlefield Banc 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 Middlefield Banc's dividend history.
How much dividend does Middlefield Banc pay?
Middlefield Banc paid $0.6 in 2024, $0.85 in 2023, $0.81 in 2022, $0.69 in 2021, and $0.6 in 2020.
How often does Middlefield Banc pay dividends?
Middlefield Banc 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 March, June, August, and November.
What is Middlefield Banc's dividend yield?
The current dividend yield for Middlefield Banc is 3.02%. 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 Middlefield Banc's exact dividend yield.
When does Middlefield Banc go ex dividend?
Middlefield Banc's ex-dividend date for the latest dividend was on 2024-08-30. Middlefield Banc 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 Middlefield Banc dividend paid?
Middlefield Banc pays dividends on a quarterly basis, typically around March, June, August, or November, but the exact dates can vary each year.
Will Middlefield Banc 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 Middlefield Banc 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 Middlefield Banc dividend per share?
Middlefield Banc paid $0.6 per share in 2024 and $0.85 per share in 2023. The amount of dividend per share that Middlefield Banc 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 Middlefield Banc 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 Middlefield Banc 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 Middlefield Banc a dividend stock?
Yes, Middlefield Banc is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Middlefield Banc a good dividend stock?
Whether Middlefield Banc is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Middlefield Banc has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Middlefield Banc 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.
Other factors to consider when evaluating Middlefield Banc 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 Middlefield Banc pay dividends monthly?
Middlefield Banc typically pays dividends on a quarterly basis.
Does Middlefield Banc pay dividends quarterly?
Middlefield Banc currently pays dividends on a quarterly basis.
Has Middlefield Banc ever paid a dividend?
Yes, Middlefield Banc has a history of paying dividends to its shareholders. Middlefield Banc is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Middlefield Banc dividend stocks?
To buy Middlefield Banc 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 Middlefield Banc 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.
Place an order: Use the brokerage's trading platform to place an order to buy Middlefield Banc 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 Middlefield Banc pay dividends 2024?
Middlefield Banc pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-13. 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 Middlefield Banc increase its dividend in 2024?
Decisions regarding Middlefield Banc 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 Middlefield Banc dividend overview you can look into the above table of dividend history.
How Middlefield Banc dividend works?
The Middlefield Banc 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 Middlefield Banc's dividend process works:
1. Determination of Dividend: Middlefield Banc'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, Middlefield Banc 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, Middlefield Banc 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 Middlefield Banc 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. Determination of Dividend: Middlefield Banc'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, Middlefield Banc 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, Middlefield Banc 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 Middlefield Banc 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 Middlefield Banc dividends paid?
Middlefield Banc dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Middlefield Banc 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, Middlefield Banc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Middlefield Banc 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.
1. Record Date: Middlefield Banc 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, Middlefield Banc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Middlefield Banc 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 Middlefield Banc pay dividends?
Middlefield Banc 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 Middlefield Banc pay dividends?
The general pattern is that Middlefield Banc pays dividends around March, June, 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 Middlefield Banc dividend safe?
The safety of Middlefield Banc'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 Middlefield Banc'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 Middlefield Banc'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.
To assess the safety of Middlefield Banc'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 Middlefield Banc'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.