Mechanics Bancorp
MCHBFinancial Services · Stock · quarterly payer
$14.91
Add to PortfolioForward Yield
8.79%
Annual Dividend
$1.31
Payout Ratio
328%
5-Yr Growth
7.0%
Ex-Date
May 22, 2026
Frequency
Quarterly
MCHB Dividend Safety Score
32/ 100
Grade F
Unsafe
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage328% of earnings paid out
Yield vs its historyYield is 2.6× its 5-yr average — elevated
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 MCHB a good dividend stock?
Higher riskMechanics Bancorp (MCHB) pays a quarterly dividend yielding 8.79% ($1.31/yr), with 1 year of growth and a dividend-safety grade of F. 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 (328%)
- 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
- 8.79%
- Payout Ratio
- 328%
- Annual Dividend
- $1.31
- 5-Yr Avg Growth
- 7.0%
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.16
- Market Cap
- $3.3B
- P/E Ratio
- —
- 5-Yr Total Return
- -63%
- 52-Week Range
- $12.05 – $16.03
- Dividend Safety
- F · 32/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $0.7000 | regular |
| Mar 9, 2026 | — | $0.4000 | regular |
| Dec 8, 2025 | — | $0.2100 | regular |
| Nov 7, 2023 | — | $0.1000 | regular |
| Aug 8, 2023 | — | $0.1000 | regular |
| May 9, 2023 | — | $0.1000 | regular |
| Feb 7, 2023 | — | $0.3500 | regular |
| Nov 7, 2022 | — | $0.3500 | regular |
| Aug 8, 2022 | — | $0.3500 | regular |
| May 9, 2022 | — | $0.3500 | regular |
| Feb 8, 2022 | — | $0.3500 | regular |
| Nov 8, 2021 | — | $0.2500 | regular |
| Aug 9, 2021 | — | $0.2500 | regular |
| May 10, 2021 | — | $0.2500 | regular |
Income Calculator
At $1.31 / yr per share
Per payment (quarterly)$32.75
Annual$131.00
Monthly avg$10.92
