SmarterDividends
MCHB

Mechanics Bancorp

MCHB

Financial Services · Banks - Regional · Stock · quarterly payer

$15.17

Undervalued · +163% Add to Portfolio

Forward Yield

10.29%

Annual Dividend

$1.56

Payout Ratio

101%

5-Yr Growth

7.0%

Ex-Date

Aug 28, 2026

Frequency

Quarterly

Key facts about MCHB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 24, 2026, Mechanics Bancorp (MCHB) has a forward dividend yield of 10.29%, based on an annual dividend of $1.56 per share and a share price of $15.17.
  • As of Oct 24, 2026, MCHB's dividend safety grade from SmarterDividends is D (40 out of 100), which rates the dividend as unsafe.
  • MCHB last cut its regular dividend in 2023.
  • MCHB's most recent ex-dividend date was Aug 28, 2026, for a dividend of $0.25 per share.
  • As of Oct 24, 2026, MCHB pays out 101% of its trailing 12-month earnings as dividends (its payout ratio).
  • MCHB's dividend has grown at an average rate of 7.0% a year over the past five years.
  • As of Oct 24, 2026, MCHB's 10.29% yield is 209% above its five-year average yield of 3.33%.
  • As of Oct 24, 2026, SmarterDividends' blended fair-value estimate for MCHB is $39.85 per share, 163% above the $15.17 share price, so MCHB screens as undervalued.
  • Mechanics Bancorp (MCHB) pays its dividend quarterly, 4 times a year.
  • Mechanics Bancorp (MCHB) has raised its regular dividend 3 times and cut it 2 times across the 24 payments on record since 2013. Its most recent change was a 37.5% cut to $0.250 per share, going ex-dividend on Aug 28, 2026.
Cite this page

SmarterDividends, "MCHB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/MCHB

Summary

As of Oct 24, 2026, Mechanics Bancorp (MCHB) yields 10.29% ($1.56 a year per share) and has a dividend safety grade of D (40/100).

Is MCHB a good dividend stock?

Higher risk

Mechanics Bancorp (MCHB) pays a quarterly dividend yielding 10.29% ($1.56/yr), with 1 year of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

  • Strong 7.0% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Elevated payout ratio (101%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
10.29%
Payout Ratio
101%
Annual Dividend
$1.56
5-Yr Avg Growth
7.0%
Ex-Dividend Date
Aug 28, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.14
Market Cap
$3.4B
P/E Ratio
11.7
5-Yr Total Return
-69%
52-Week Range
$12.92 – $17.38
Dividend Safety
D · 40/100
Ever Cut?
Yes (2023)

MCHB dividend raises and cuts

Mechanics Bancorp (MCHB) has raised its regular dividend 3 times and cut it 2 times across the 24 payments on record since 2013. Its most recent change was a 37.5% cut to $0.250 per share, going ex-dividend on Aug 28, 2026.

Ex-dateChangeOld → newMove
Aug 28, 2026Cut$0.400 → $0.250−37.5%
Mar 9, 2026Raise$0.210 → $0.400+90.5%
May 9, 2023Cut$0.350 → $0.100−71.4%
Feb 8, 2022Raise$0.250 → $0.350+40.0%
Feb 8, 2021Raise$0.150 → $0.250+66.7%
Every MCHB payment →Download every raise and cut (CSV)
MCHB ex-dividend date & scheduleNext ex-date Aug 28, 2026 · full ex-dividend historyView →MCHB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MCHB a good dividend stock?

Higher risk. Mechanics Bancorp (MCHB) pays a quarterly dividend yielding 10.29% ($1.56/yr), with 1 year of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Is MCHB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MCHB's fair value is about $39.85 versus a $15.17 share price — so it looks undervalued (+163% vs. fair value).

Is MCHB's dividend safe?

MCHB has a dividend-safety grade of D (40/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is MCHB's fair value?

Our blended fair-value estimate for MCHB is about $39.85 per share, roughly 163% above the current $15.17 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MCHB a buy, hold, or sell?

We don't issue formal ratings, but on the data MCHB screens as "higher risk" and undervalued. Mechanics Bancorp (MCHB) pays a quarterly dividend yielding 10.29% ($1.56/yr), with 1 year of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk. This is research for your own analysis, not investment advice.

Will MCHB cut its dividend?

MCHB earns a dividend-safety grade of D (40/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MCHB pay a dividend?

Yes. Mechanics Bancorp pays a quarterly dividend of about $1.56 per share annually, a forward yield of roughly 10.29%.

What is MCHB's dividend yield?

As of Oct 24, 2026, MCHB's forward dividend yield is 10.29%, based on a $1.56 annual dividend and a $15.17 share price.

What is MCHB's dividend per share?

As of Oct 24, 2026, MCHB pays $1.56 per share per year, distributed on a quarterly basis.

What is MCHB's dividend payout ratio?

As of Oct 24, 2026, MCHB's payout ratio is 101% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has MCHB grown its dividend?

As of Oct 24, 2026, MCHB has increased its dividend for 1 consecutive years.

When is the next MCHB ex-dividend date?

As of Oct 24, 2026, MCHB's next ex-dividend date hasn't been announced. The most recent was Aug 28, 2026, for $0.25 per share.

MCHB Dividend News

MCHB
IncreaseMCHB·Jun 11, 2026

Mechanics Bancorp Raises Quarterly Dividend 75.0% to $0.70

Mechanics Bancorp lifted its quarterly dividend 75.0% to $0.70, backed by an asset sale, but its 101% payout ratio keeps coverage in sharp focus.

Income Calculator

At $1.56 / yr per share

Per payment (quarterly)$39.00
Annual$156.00
Monthly avg$13.00

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