Sound Point Meridian Capital, Inc.
SPMEFinancial Services · Stock · monthly payer
Forward Yield
7.78%
Annual Dividend
$1.97
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Aug 14, 2026
Frequency
Monthly
Summary
As of July 2026, Sound Point Meridian Capital, Inc. (SPME) yields 7.78% ($1.97 per share annually), with a blended fair-value estimate of $27.65 — +9% upside, so it screens as fairly valued.
Is SPME a good dividend stock?
MixedSound Point Meridian Capital, Inc. (SPME) pays a monthly dividend yielding 7.78% ($1.97/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 7.78%
- Payout Ratio
- —
- Annual Dividend
- $1.97
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 1.20
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $24.37 – $26.00
- Dividend Safety
- —
- Ever Cut?
- No
Frequently Asked Questions
SPME Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
—
5 Years
—
52-Week Range
$24.37 – $26.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SPME worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Sound Point Meridian Capital, Inc. is $27.65 per share, versus a market price of $25.32. That implies the stock is roughly fairly priced.
Fair Value
$27.65
Current Price
$25.32
Gap
+9%
Margin of Safety
8%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 10.3% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $1.97 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 15, 2026 | — | $0.1640 | regular |
| Jun 15, 2026 | — | $0.1640 | regular |
| May 15, 2026 | — | $0.1640 | regular |
| Apr 15, 2026 | — | $0.1640 | regular |
| Mar 16, 2026 | — | $0.1640 | regular |
| Feb 13, 2026 | — | $0.1640 | regular |
| Jan 15, 2026 | — | $0.1640 | regular |
| Dec 15, 2025 | — | $0.1640 | regular |
| Nov 14, 2025 | — | $0.1640 | regular |
| Oct 15, 2025 | — | $0.1640 | regular |
| Sep 15, 2025 | — | $0.1640 | regular |
| Aug 15, 2025 | — | $0.1640 | regular |
Income Calculator
At $1.97 / yr per share
