Meridian Corporation
MRBKFinancial Services · Stock · quarterly payer
Forward Yield
2.77%
Annual Dividend
$0.56
Payout Ratio
28%
5-Yr Growth
14.9%
Ex-Date
May 4, 2026
Frequency
Quarterly
Summary
As of July 2026, Meridian Corporation (MRBK) yields 2.77% ($0.56 per share annually), with a blended fair-value estimate of $42.01 — +108% upside, so it screens as undervalued. Dividend safety grade: B (73/100).
Is MRBK a good dividend stock?
Yes, with caveatsMeridian Corporation (MRBK) pays a quarterly dividend yielding 2.77% ($0.56/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (28%)
- Strong 14.9% 5-yr dividend growth
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.77%
- Payout Ratio
- 28%
- Annual Dividend
- $0.56
- 5-Yr Avg Growth
- 14.9%
- Ex-Dividend Date
- May 4, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.65
- Market Cap
- $241.0M
- P/E Ratio
- 11.0
- 5-Yr Total Return
- 38%
- 52-Week Range
- $13.81 – $21.67
- Dividend Safety
- B · 73/100
- Ever Cut?
- No
Frequently Asked Questions
MRBK Price — Last 12 Months
Daily close
Price Return
1 Year
+29%
3 Years
+73%
5 Years
+38%
52-Week Range
$13.81 – $21.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MRBK worth?
Undervaluedlow confidenceOur blended fair-value estimate for Meridian Corporation is $42.01 per share, versus a market price of $20.24. That implies 108% of upside — a margin of safety of about 52%.
Fair Value
$42.01
Current Price
$20.24
Upside
+108%
Margin of Safety
52%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 5.9% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.5% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.85 EPS, $0.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MRBK Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 4, 2026 | — | $0.1400 | regular |
| Feb 9, 2026 | — | $0.1400 | regular |
| Nov 10, 2025 | — | $0.1250 | regular |
| Aug 11, 2025 | — | $0.1250 | regular |
| May 12, 2025 | — | $0.1250 | regular |
| Feb 10, 2025 | — | $0.1250 | regular |
| Nov 12, 2024 | — | $0.1250 | regular |
| Aug 12, 2024 | — | $0.1250 | regular |
| May 10, 2024 | — | $0.1250 | regular |
| Feb 9, 2024 | — | $0.1250 | regular |
| Nov 10, 2023 | — | $0.1250 | regular |
| Aug 11, 2023 | — | $0.1250 | regular |
| May 12, 2023 | — | $0.1250 | regular |
| Feb 13, 2023 | — | $0.1250 | regular |
Income Calculator
At $0.56 / yr per share
