GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mid Penn Bancorp Inc (NAS:MPB) » Definitions » 3-Year Dividend Growth Rate

Mid Penn Bancorp (Mid Penn Bancorp) 3-Year Dividend Growth Rate : 3.60% (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Mid Penn Bancorp 3-Year Dividend Growth Rate?

Mid Penn Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.20.

The historical rank and industry rank for Mid Penn Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

MPB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -37   Med: 4.6   Max: 33.9
Current: 3.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mid Penn Bancorp was 33.90% per year. The lowest was -37.00% per year. And the median was 4.60% per year.

MPB's 3-Year Dividend Growth Rate is ranked worse than
69.42% of 775 companies
in the Banks industry
Industry Median: 7.4 vs MPB: 3.60

During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Mid Penn Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.27. As of today, Mid Penn Bancorp's Dividend Yield % is 3.84%.

Good Sign:

Mid Penn Bancorp Inc stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Mid Penn Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Mid Penn Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mid Penn Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mid Penn Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Mid Penn Bancorp's 3-Year Dividend Growth Rate falls into.



Mid Penn Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Mid Penn Bancorp  (NAS:MPB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Mid Penn Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.2/ 0.729
=0.27

During the past 13 years, the highest Dividend Payout Ratio of Mid Penn Bancorp was 0.32. The lowest was 0.21. And the median was 0.26.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Mid Penn Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-02-082024-02-092024-02-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-11-092023-11-102023-11-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-08-092023-08-102023-08-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-05-092023-05-102023-05-22Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mid Penn Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.8/20.86
=3.84 %

Current Share Price is $20.86.
Mid Penn Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.8.

During the past 13 years, the highest Dividend Yield of Mid Penn Bancorp was 4.31%. The lowest was 1.26%. And the median was 2.53%.

Good Sign:

Mid Penn Bancorp Inc stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mid Penn Bancorp 3-Year Dividend Growth Rate Related Terms>


Mid Penn Bancorp (Mid Penn Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2407 Park Drive, Harrisburg, PA, USA, 17110
Mid Penn Bancorp Inc operates in the financial services domain. It conducts commercial banking and trust business in the United States. Its range of services comprises mortgage and home equity loans, secured and unsecured consists and consumer loans, lines of credit, construction financing, farm loans, community development, and local government loans, and various types of time and demand deposits.
Executives
Hudson Brian Arden Sr. director 2407 PARK DRIVE, HARRISBURG PA 17110
Theodore W Mowery director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert C Grubic director 2407 PARK DRIVE, HARRISBURG PA 17110
De Soto Matthew G director 2407 PARK DRIVE, HARRISBURG PA 17110
Albert J. Evans director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert A Abel director 2407 PARK DRIVE, HARRISBURG PA 17110
Kimberly J Brumbaugh director 349 UNION STREET, MILLERSBURG PA 17061
Joel L. Frank director 2407 PARK DRIVE, HARRISBURG PA 17110
Bruce A Kiefer director 2407 PARK DRIVE, HARRISBURG PA 17110
John E Noone director 2407 PARK DRIVE, HARRISBURG PA 17110
Frank Jr Gumina director 98 FAIRWAY BLVD, MONROE TOWNSHIP NJ 08831
Maureen M. Gathagan director 2407 PARK DRIVE, HARRISBURG PA 17110
Rory G Ritrievi director, officer: President & CEO 2407 PARK DRIVE, HARRISBURG PA 17110
Quandel Noble C Jr director 2407 PARK DRIVE, HARRISBURG PA 17110
Gregory M Kerwin director 2407 PARK DRIVE, HARRISBURG PA 17110