SmarterDividends
IPB

Merrill Lynch Depositor Inc.

IPB

Stock · semiannual payer

Forward 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 caveats

Merrill 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)
IPB ex-dividend date & scheduleNext ex-date · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.51 / yr per share

Per payment (semiannual)$75.60
Annual$151.20
Monthly avg$12.60