
Merrill Lynch Depositor Inc.
IPBStock · semiannual payer
$25.83
Add to PortfolioForward Yield
5.85%
Annual Dividend
$1.51
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
—
Frequency
Semiannual
IPB Dividend Safety Score
68/ 100
Grade B
Safe
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2012
Yield vs its historyYield in line with its history
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
Is IPB a good dividend stock?
Yes, with caveatsMerrill Lynch Depositor Inc. (IPB) pays a semiannual dividend yielding 5.85% ($1.51/yr), with 13 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 13 consecutive years of dividend growth
Risks
- Cut its dividend in 2012
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.85%
- Payout Ratio
- —
- Annual Dividend
- $1.51
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- —
- Years of Growth
- 13
- Frequency
- semiannual
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -16%
- 52-Week Range
- $24.83 – $27.27
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2012)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Dec 19, 2025 | — | $0.7560 | regular |
| Jun 18, 2025 | — | $0.7560 | regular |
| Dec 19, 2024 | — | $0.7560 | regular |
| Jun 18, 2024 | — | $0.7560 | regular |
| Dec 18, 2023 | — | $0.7560 | regular |
| Jun 15, 2023 | — | $0.7560 | regular |
| Dec 16, 2022 | — | $0.7560 | regular |
| Jun 16, 2022 | — | $0.7560 | regular |
| Dec 16, 2021 | — | $0.7560 | regular |
| Dec 17, 2020 | — | $0.7560 | regular |
| Jun 18, 2020 | — | $0.7560 | regular |
| Dec 18, 2019 | — | $0.7560 | regular |
| Jun 18, 2019 | — | $0.7560 | regular |
| Dec 18, 2018 | — | $0.7560 | regular |
Income Calculator
At $1.51 / yr per share
Per payment (semiannual)$75.60
Annual$151.20
Monthly avg$12.60




