company-logo

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest bearing and non-interest bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits. Its loan products include commercial real estate, residential real estate and home equity, small business administration, construction, equipment, and commercial loans; and consumer and other loans comprising financing of automobiles, boats, and recreational vehicles, as well as issues standby letters and business lines of credit. The company also offers debit and credit cards; mobile banking, remote and mobile deposit, Apple Pay, bank-to-bank transfer, and online banking services; and safe deposit, wire transfer, foreign exchange, direct deposits, notary, night depository, official checks, domestic collections, bank drafts, automated teller services, drive-in tellers, merchant card, and banking by mail services, as well as invests in securities. It operates through four banking offices in Tallahassee, Crawfordville, and Lakeland, Florida. The company was founded in 2008 and is headquartered in Tallahassee, Florida.

Prime Meridian Dividend Announcement

Prime Meridian announced a annually dividend of $0.25 per ordinary share which will be made payable on 2024-02-29. Ex dividend date: 2024-02-08
Prime Meridian annual dividend for 2024 was $0.25
Prime Meridian annual dividend for 2023 was $0.22
Prime Meridian's trailing twelve-month (TTM) dividend yield is 0.85%
Prime Meridian's payout ratio for the trailing twelve months (TTM) is 10.05%
Prime Meridian's dividend growth over the last five years (2018-2023) was 17.08% year

Prime Meridian Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-02-08$0.25annually2024-02-29
2023-02-08$0.22annually2023-02-28
2022-02-09$0.18annually2022-03-01
2021-02-10$0.14annually2021-03-02
2020-02-12$0.12annually2020-03-03
2019-02-13$0.12annually2019-03-05
2018-02-14$0.10annually2018-03-06

Prime Meridian Dividend per year

Prime Meridian Dividend growth

Prime Meridian Dividend Yield

Prime Meridian current trailing twelve-month (TTM) dividend yield is 0.85%. Interested in purchasing Prime Meridian stock? Use our calculator to estimate your expected dividend yield:

Prime Meridian Financial Ratios

P/E ratio11.96
PEG ratio0.32
P/B ratio1.10
ROE9.76%
Payout ratio10.05%
Current ratio0.52
Quick ratio0.52
Cash Ratio0.29

Prime Meridian Dividend FAQ

How much is the next Prime Meridian dividend?
Prime 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 Prime Meridian dividend. The next Prime Meridian dividend will be released in February.
When is Prime Meridian dividend paid?
Prime Meridian pays dividends on a annually basis. The specific dates may vary each year but are generally around February. 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 Prime Meridian pay?
The specific amount of Prime 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 Prime Meridian's dividend history.
Does Prime Meridian stock pay dividends?
Yes, Prime 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 Prime Meridian's dividend history.
How much dividend does Prime Meridian pay?
Prime Meridian paid $0.25 in 2024, $0.22 in 2023, $0.18 in 2022, $0.14 in 2021, and $0.12 in 2020.
How often does Prime Meridian pay dividends?
Prime Meridian typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around February.
What is Prime Meridian's dividend yield?
The current dividend yield for Prime Meridian is 0.85%. 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 Prime Meridian's exact dividend yield.
When does Prime Meridian go ex dividend?
Prime Meridian's ex-dividend date for the latest dividend was on 2024-02-08. Prime 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 Prime Meridian dividend paid?
Prime Meridian pays dividends on a annually basis, typically around February, but the exact dates can vary each year.
Will Prime 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 Prime 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 Prime Meridian dividend per share?
Prime Meridian paid $0.25 per share in 2024 and $0.22 per share in 2023. The amount of dividend per share that Prime 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 Prime 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 Prime 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 Prime Meridian a dividend stock?
Yes, Prime Meridian is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Prime Meridian a good dividend stock?
Whether Prime 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. Prime Meridian has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Prime 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 Prime Meridian pay dividends monthly?
Prime Meridian typically pays dividends on a annually basis.
Does Prime Meridian pay dividends quarterly?
Prime Meridian currently pays dividends on a annually basis.
Has Prime Meridian ever paid a dividend?
Yes, Prime Meridian has a history of paying dividends to its shareholders. Prime Meridian is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Prime Meridian dividend stocks?
To buy Prime 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 Prime 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 Prime Meridian pay dividends 2024?
Prime Meridian pays dividends on a annually basis. 2024 dividend payments are in 2024-02-29. 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 Prime Meridian increase its dividend in 2024?
Decisions regarding Prime 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 Prime Meridian dividend overview you can look into the above table of dividend history.
How Prime Meridian dividend works?
The Prime 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 Prime Meridian's dividend process works:

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

1. Record Date: Prime 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, Prime 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: Prime 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 Prime Meridian pay dividends?
Prime Meridian typically pays dividends on a annually 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 Prime Meridian pay dividends?
The general pattern is that Prime Meridian pays dividends around February. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Prime Meridian dividend safe?
The safety of Prime 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 Prime 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 Prime 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.