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Ex-Div Reminder for Mid Penn Bancorp (MPB)
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MPB Ex-Dividend Reminder - 8/9/22

By Dividend Channel Staff, Friday, August 5, 10:19 AM ET
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On 8/9/22, Mid Penn Bancorp Inc (NASDAQ:MPB) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 8/22/22. As a percentage of MPB's recent stock price of $28.59, this dividend works out to approximately 0.70%, so look for shares of Mid Penn Bancorp Inc to trade 0.70% lower — all else being equal — when MPB shares open for trading on 8/9/22.

Below is a dividend history chart for MPB, showing historical dividends prior to the most recent $0.20 declared by Mid Penn Bancorp Inc:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MPB is likely to continue, and whether the current estimated yield of 2.80% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MPB shares, versus its 200 day moving average:

Mid Penn Bancorp Inc 200 Day Moving Average Chart

Looking at the chart above, MPB's low point in its 52 week range is $24.81 per share, with $33.89 as the 52 week high point — that compares with a last trade of $28.59.


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In Friday trading, Mid Penn Bancorp Inc shares are currently off about 1.9% on the day.


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