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MVB Financial (MVB Financial) 3-Year Dividend Growth Rate

: 23.60% (As of Dec. 2023)
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MVB Financial's Dividends per Share for the three months ended in Dec. 2023 was $0.17.

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

MVBF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.2   Med: 24.8   Max: 66.7
Current: 23.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MVB Financial was 66.70% per year. The lowest was -11.20% per year. And the median was 24.80% per year.

MVBF's 3-Year Dividend Growth Rate is ranked better than
82.61% of 782 companies
in the Banks industry
Industry Median: 7.55 vs MVBF: 23.60

During the past 3 years, the average Dividends Per Share Growth Rate was 23.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 45.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 33.70% 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.

MVB Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.28. As of today, MVB Financial's Dividend Yield % is 3.38%.

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


Competitive Comparison

For the Banks - Regional subindustry, MVB Financial'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.


MVB Financial 3-Year Dividend Growth Rate Distribution

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

* The bar in red indicates where MVB Financial's 3-Year Dividend Growth Rate falls into.



MVB Financial 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.


MVB Financial  (NAS:MVBF) 3-Year Dividend Growth Rate Explanation

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

MVB Financial'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 )
=0.17/ 0.61
=0.28

During the past 13 years, the highest Dividend Payout Ratio of MVB Financial was 1.03. The lowest was 0.09. And the median was 0.17.

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

MVB Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1702024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-05-312023-06-012023-06-15Cash 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.

MVB Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.68/20.10
=3.38 %

Current Share Price is $20.10.
MVB Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.68.

During the past 13 years, the highest Dividend Yield of MVB Financial was 4.07%. The lowest was 0.18%. And the median was 0.69%.

* 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.


MVB Financial 3-Year Dividend Growth Rate Related Terms>


MVB Financial (MVB Financial) Business Description

Traded in Other Exchanges
Address
301 Virginia Avenue, Fairmont, WV, USA, 26554
MVB Financial Corp is a bank holding company. The company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. The Bank offers its customers various products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. MVB has five reportable segments: CoRe banking; mortgage banking; professional services; Edge Ventures and the financial holding company. It generates a majority of its revenues from its CoRe banking segment.
Executives
Michael Louis Giorgio officer: Chief Information Officer 240 E SHORE RD, APT 244, GREAT NECK NY 11023
W Marston Becker director C/O ALTERRA HOUSE, 2 FRONT STREET, HAMILTON D0 HM11
Jan Lynn Owen director 3050 BASTONE COURT, WEST SACRAMENTO CA 95691
Donald T Robinson officer: Executive VP & COO 2400 CRANBERRY SQUARE, 2ND FLOOR, MORGANTOWN WV 26508
Lindsay Anne Slader director 2709 WILLIAM ST., VANCOUVER A1 V5K 2Y7
J Christopher Pallotta director
Anna Jane Sainsbury director 2954 MARINE DR., WEST VANCOUVER A1 V7V 1M2
Kelly R Nelson director 301 VIRGINIA AVENUE, FAIRMONT WV 26554-2777
Cheryl Spielman director 5662 VINTAGE OAKS CIRCLE, DELRAY BEACH FL 33484
John Charles Marion officer: Chief Risk Officer 303 BELMONT COURT, MULLICA HILL NJ 08062
Craig Bradley Greathouse officer: Chief People & Culture Officer 3000 SWISS PINE WAY, SUITE 100, MORGANTOWN WV 26501
Cava James J Jr director 301 VIRGINIA AVE, FAIRMONT WV 26554
Dean Harry E Iii director 12120 SUNSET HILLS RD, SUITE 650, RESTON VA 26508
Daniel W Holt director 1115 TOWN CENTER DR., FORT COLLINS CO 80524
David Alan Jones officer: EVP/ Chief Credit & Risk Ofcr 301 VIRGINIA AVE, FAIRMONT WV 26554

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