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MetroCity Bankshares (MetroCity Bankshares) Dividend Yield % : 3.24% (As of Apr. 30, 2024)


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What is MetroCity Bankshares Dividend Yield %?

As of today (2024-04-30), the Trailing Annual Dividend Yield of MetroCity Bankshares is 3.24%.

The historical rank and industry rank for MetroCity Bankshares's Dividend Yield % or its related term are showing as below:

MCBS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.5   Med: 2.68   Max: 4.94
Current: 3.24

During the past 9 years, the highest Dividend Yield of MetroCity Bankshares was 4.94%. The lowest was 0.50%. And the median was 2.68%.

MCBS's Dividend Yield % is ranked worse than
65.56% of 1208 companies
in the Banks industry
Industry Median: 3.995 vs MCBS: 3.24

MetroCity Bankshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.41.

During the past 9 years, the highest Dividend Payout Ratio of MetroCity Bankshares was 0.38. The lowest was 0.13. And the median was 0.23.

As of today (2024-04-30), the Forward Dividend Yield % of MetroCity Bankshares is 3.53%.

MetroCity Bankshares's Dividends per Share for the three months ended in Dec. 2023 was $0.18.

During the past 12 months, MetroCity Bankshares's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.40% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of MetroCity Bankshares was 31.70% per year. The lowest was 6.60% per year. And the median was 17.10% per year.

The growth rate is calculated with least square regression.

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


MetroCity Bankshares Dividend Yield % Historical Data

The historical data trend for MetroCity Bankshares's Dividend Yield % can be seen below:

* 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.

* Premium members only.

MetroCity Bankshares Dividend Yield % Chart

MetroCity Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 2.40 2.77 1.67 2.74 2.98

MetroCity Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.71 3.69 3.50 2.98 2.97

Competitive Comparison of MetroCity Bankshares's Dividend Yield %

For the Banks - Regional subindustry, MetroCity Bankshares's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


MetroCity Bankshares's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MetroCity Bankshares's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MetroCity Bankshares's Dividend Yield % falls into.



MetroCity Bankshares Dividend Yield % Calculation

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

MetroCity Bankshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-04-302024-05-012024-05-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002024-01-302024-01-312024-02-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-10-312023-11-012023-11-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-08-022023-08-032023-08-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1802023-05-022023-05-032023-05-12Cash 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.

MetroCity Bankshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.94/22.77
=4.13 %

Current Share Price is $22.77.
MetroCity Bankshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.94.

MetroCity Bankshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.8/22.77
=3.51 %

Current Share Price is $22.77.
MetroCity Bankshares's Dividends per Share for the forward twelve months is calculated as $0.2 * 4 = $0.8.

* 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.


MetroCity Bankshares  (NAS:MCBS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MetroCity Bankshares Dividend Yield % Related Terms

Thank you for viewing the detailed overview of MetroCity Bankshares's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


MetroCity Bankshares (MetroCity Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
5114 Buford Highway, Doraville, GA, USA, 30340
MetroCity Bankshares Inc is a holding company of its subsidiary Metro City Bank. It provides commercial banking services such as consumer and commercial checking accounts, savings accounts, certificates of deposits, commercial and consumer loans, money transfers and a variety of other banking services. The banks generate revenue from interest income. Its customers include small business owners, professionals, consumers, and real estate developers.
Executives
Nack Y Paek director, officer: Chief Executive Officer
William J. Hungeling director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Sam Sang-koo Shim director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Ajit A. Patel director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Howard Hwasaeng Kim director, officer: Executive Vice President C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Farid Tan director, officer: President C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Feiying Lu director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Don Leung director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Frank S. Rhee director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Young K. Park director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Francis Lai director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Frank Glover director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Lucas Stewart officer: Chief Financial Officer C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
William M. Hungeling director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Samuel Benton Gunter officer: Executive VP and CAO C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340