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Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans. In addition, the company engages in the lease financing business; and provision of fee-based financial services comprising trust and estate administration, investment management, retirement plan administration, and private banking services. It operates through 12 full service and one limited-service banking offices with seven full-service and one limited-service offices located in Indiana; five offices situated in Ohio; one full-service banking office and four other branch offices are located in Richmond, Indiana; two other offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; two offices in Sidney and Ohio; two offices in Piqua and one office in Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana.

Richmond Mutual Bancorporation Dividend Announcement

Richmond Mutual Bancorporation announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-09-04
Richmond Mutual Bancorporation annual dividend for 2024 was $0.42
Richmond Mutual Bancorporation annual dividend for 2023 was $0.56
Richmond Mutual Bancorporation's trailing twelve-month (TTM) dividend yield is 4.33%
Richmond Mutual Bancorporation's payout ratio for the trailing twelve months (TTM) is 65.49%

Richmond Mutual Bancorporation Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04$0.14quarterly2024-09-18
2024-05-30$0.14quarterly2024-06-13
2024-03-01$0.14quarterly2024-03-14
2023-11-29$0.14quarterly2023-12-14
2023-08-30$0.14quarterly2023-09-14
2023-05-31$0.14quarterly2023-06-15
2023-03-03$0.14quarterly2023-03-16
2022-11-30$0.10quarterly2022-12-15
2022-08-31$0.10quarterly2022-09-15
2022-06-01$0.10quarterly2022-06-16
2022-03-02$0.10quarterly2022-03-17
2021-12-01$0.07quarterly2021-12-16
2021-09-01$0.07quarterly2021-09-16
2021-06-02$0.07quarterly2021-06-17
2021-04-20$0.50quarterly2021-05-05
2021-03-03$0.07quarterly2021-03-18
2020-12-02$0.05quarterly2020-12-17
2020-09-02$0.05quarterly2020-09-17
2020-06-03$0.05quarterly2020-06-18

Richmond Mutual Bancorporation Dividend per year

Richmond Mutual Bancorporation Dividend growth

Richmond Mutual Bancorporation Dividend Yield

Richmond Mutual Bancorporation current trailing twelve-month (TTM) dividend yield is 4.33%. Interested in purchasing Richmond Mutual Bancorporation stock? Use our calculator to estimate your expected dividend yield:

Richmond Mutual Bancorporation Financial Ratios

P/E ratio14.74
PEG ratio0.13
P/B ratio0.93
ROE6.57%
Payout ratio65.49%
Current ratio0.08
Quick ratio0.08
Cash Ratio0.00

Richmond Mutual Bancorporation Dividend FAQ

How much is the next Richmond Mutual Bancorporation dividend?
Richmond Mutual Bancorporation's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Richmond Mutual Bancorporation dividend. The next Richmond Mutual Bancorporation dividend will be released in March, May, August, or November.
When is Richmond Mutual Bancorporation dividend paid?
Richmond Mutual Bancorporation pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, 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 Richmond Mutual Bancorporation pay?
The specific amount of Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation's dividend history.
Does Richmond Mutual Bancorporation stock pay dividends?
Yes, Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation's dividend history.
How much dividend does Richmond Mutual Bancorporation pay?
Richmond Mutual Bancorporation paid $0.42 in 2024, $0.56 in 2023, $0.4 in 2022, $0.78 in 2021, and $0.15 in 2020.
How often does Richmond Mutual Bancorporation pay dividends?
Richmond Mutual Bancorporation 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, May, August, and November.
What is Richmond Mutual Bancorporation's dividend yield?
The current dividend yield for Richmond Mutual Bancorporation is 4.33%. 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 Richmond Mutual Bancorporation's exact dividend yield.
When does Richmond Mutual Bancorporation go ex dividend?
Richmond Mutual Bancorporation's ex-dividend date for the latest dividend was on 2024-09-04. Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation dividend paid?
Richmond Mutual Bancorporation pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation dividend per share?
Richmond Mutual Bancorporation paid $0.42 per share in 2024 and $0.56 per share in 2023. The amount of dividend per share that Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation a dividend stock?
Yes, Richmond Mutual Bancorporation is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Richmond Mutual Bancorporation a good dividend stock?
Whether Richmond Mutual Bancorporation is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Richmond Mutual Bancorporation has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation pay dividends monthly?
Richmond Mutual Bancorporation typically pays dividends on a quarterly basis.
Does Richmond Mutual Bancorporation pay dividends quarterly?
Richmond Mutual Bancorporation currently pays dividends on a quarterly basis.
Has Richmond Mutual Bancorporation ever paid a dividend?
Yes, Richmond Mutual Bancorporation has a history of paying dividends to its shareholders. Richmond Mutual Bancorporation is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Richmond Mutual Bancorporation dividend stocks?
To buy Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation pay dividends 2024?
Richmond Mutual Bancorporation pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-18. 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 Richmond Mutual Bancorporation increase its dividend in 2024?
Decisions regarding Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation dividend overview you can look into the above table of dividend history.
How Richmond Mutual Bancorporation dividend works?
The Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation's dividend process works:

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

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

3. Currency: Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation pay dividends?
Richmond Mutual Bancorporation 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 Richmond Mutual Bancorporation pay dividends?
The general pattern is that Richmond Mutual Bancorporation pays dividends around March, 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 Richmond Mutual Bancorporation dividend safe?
The safety of Richmond Mutual Bancorporation'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 Richmond Mutual Bancorporation'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 Richmond Mutual Bancorporation'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.