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| Meridian About To Put More Money In Your Pocket (MRBK)By Dividend Channel Staff, Monday, February 8, 10:16 AM ET
On 2/10/21, Meridian Corp (NASDAQ:MRBK) will trade ex-dividend, for its quarterly dividend of $0.125, payable on 2/22/21. As a percentage of MRBK's recent stock price of $22.14, this dividend works out to approximately 0.56%, so look for shares of Meridian Corp to trade 0.56% lower — all else being equal — when MRBK shares open for trading on 2/10/21. Below is a dividend history chart for MRBK, showing historical dividends prior to the most recent $0.125 declared by Meridian Corp: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MRBK is likely to continue, and whether the current estimated yield of 2.26% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MRBK shares, versus its 200 day moving average:
Looking at the chart above, MRBK's low point in its 52 week range is $10.68 per share, with $26.56 as the 52 week high point — that compares with a last trade of $22.14. Free Report: Top 7%+ Dividends (paid monthly)
In Monday trading, Meridian Corp shares are currently up about 0.6% on the day.
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