SmarterDividends
RMBI

Richmond Mutual Bancorporation, Inc.

RMBI

Financial Services · Banks - Regional · Stock · quarterly payer

$15.34

Undervalued · +56% Add to Portfolio

Forward Yield

3.91%

Annual Dividend

$0.60

Payout Ratio

49%

5-Yr Growth

24.6%

Ex-Date

Sep 3, 2026

Frequency

Quarterly

Key facts about RMBI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Richmond Mutual Bancorporation, Inc. (RMBI) has a forward dividend yield of 3.91%, based on an annual dividend of $0.60 per share and a share price of $15.34.
  • As of Oct 18, 2026, RMBI's dividend safety grade from SmarterDividends is B (77 out of 100), which rates the dividend as safe.
  • RMBI has never cut its regular dividend in the payment history SmarterDividends has on record.
  • RMBI's most recent ex-dividend date was Sep 3, 2026, for a dividend of $0.15 per share.
  • As of Oct 18, 2026, RMBI pays out 49% of its trailing 12-month earnings as dividends (its payout ratio).
  • RMBI's dividend has grown at an average rate of 24.6% a year over the past five years.
  • As of Oct 18, 2026, RMBI's 3.91% yield is 11% below its five-year average yield of 4.38%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for RMBI is $23.88 per share, 56% above the $15.34 share price, so RMBI screens as undervalued.
  • Richmond Mutual Bancorporation, Inc. (RMBI) pays its dividend quarterly, 4 times a year.
  • Richmond Mutual Bancorporation, Inc. (RMBI) has raised its regular dividend 4 times and cut it 0 times across the 27 payments on record since 2020. Its most recent change was a 7.1% increase to $0.150 per share, going ex-dividend on Feb 26, 2025.
Cite this page

SmarterDividends, "RMBI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/RMBI

Summary

As of Oct 18, 2026, Richmond Mutual Bancorporation, Inc. (RMBI) yields 3.91% ($0.60 a year per share) and has a dividend safety grade of B (77/100).

Is RMBI a good dividend stock?

Yes

Richmond Mutual Bancorporation, Inc. (RMBI) pays a quarterly dividend yielding 3.91% ($0.60/yr), with 1 year of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (49%)
  • Strong 24.6% 5-yr dividend growth

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.91%
Payout Ratio
49%
Annual Dividend
$0.60
5-Yr Avg Growth
24.6%
Ex-Dividend Date
Sep 3, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.34
Market Cap
$246.0M
P/E Ratio
12.6
5-Yr Total Return
-5%
52-Week Range
$12.77 – $16.59
Dividend Safety
B · 77/100
Ever Cut?
No

RMBI dividend raises and cuts

Richmond Mutual Bancorporation, Inc. (RMBI) has raised its regular dividend 4 times and cut it 0 times across the 27 payments on record since 2020. Its most recent change was a 7.1% increase to $0.150 per share, going ex-dividend on Feb 26, 2025.

Ex-dateChangeOld → newMove
Feb 26, 2025Raise$0.140 → $0.150+7.1%
Mar 3, 2023Raise$0.100 → $0.140+40.0%
Mar 2, 2022Raise$0.0700 → $0.100+42.9%
Mar 3, 2021Raise$0.0500 → $0.0700+40.0%
Every RMBI payment →Download every raise and cut (CSV)
RMBI ex-dividend date & scheduleNext ex-date Sep 3, 2026 · full ex-dividend historyView →RMBI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is RMBI a good dividend stock?

Yes. Richmond Mutual Bancorporation, Inc. (RMBI) pays a quarterly dividend yielding 3.91% ($0.60/yr), with 1 year of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is RMBI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RMBI's fair value is about $23.88 versus a $15.34 share price — so it looks undervalued (+56% vs. fair value).

Is RMBI's dividend safe?

RMBI has a dividend-safety grade of B (77/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is RMBI's fair value?

Our blended fair-value estimate for RMBI is about $23.88 per share, roughly 56% above the current $15.34 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is RMBI a buy, hold, or sell?

We don't issue formal ratings, but on the data RMBI screens as "yes" and undervalued. Richmond Mutual Bancorporation, Inc. (RMBI) pays a quarterly dividend yielding 3.91% ($0.60/yr), with 1 year of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will RMBI cut its dividend?

RMBI earns a dividend-safety grade of B (77/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does RMBI pay a dividend?

Yes. Richmond Mutual Bancorporation, Inc. pays a quarterly dividend of about $0.60 per share annually, a forward yield of roughly 3.91%.

What is RMBI's dividend yield?

As of Oct 18, 2026, RMBI's forward dividend yield is 3.91%, based on a $0.60 annual dividend and a $15.34 share price.

What is RMBI's dividend per share?

As of Oct 18, 2026, RMBI pays $0.60 per share per year, distributed on a quarterly basis.

What is RMBI's dividend payout ratio?

As of Oct 18, 2026, RMBI's payout ratio is 49% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has RMBI grown its dividend?

As of Oct 18, 2026, RMBI has increased its dividend for 1 consecutive years.

When is the next RMBI ex-dividend date?

As of Oct 18, 2026, RMBI's next ex-dividend date hasn't been announced. The most recent was Sep 3, 2026, for $0.15 per share.

Income Calculator

At $0.60 / yr per share

Per payment (quarterly)$15.00
Annual$60.00
Monthly avg$5.00

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