Does MCHB pay a dividend?

Yes. Mechanics Bank pays a quarterly dividend, currently yielding 10.28% based on trailing twelve-month payments of $1.56 per share.

How much does MCHB pay in dividends?

$1.56 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next MCHB ex-dividend date?

No upcoming ex-dividend date is currently on record for MCHB. Dates appear here once the company declares them.

MCHB Dividend

Mechanics Bank

NASDAQFinancial ServicesStockData as of August 28, 2026

Dividend yield: 10.28%
Annual dividend: $1.56
Payout ratio: 1.08
Frequency: Quarterly
Share price: $15.17
Market cap: $3.3B

Is MCHB a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is far above the marketAt 10.28%, the yield is more than three times the median of 2.92% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
Paying out more than it earnsA payout ratio of 1.08 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
Dividend has been cut 4 timesAcross 15 complete years, the annual total fell in 2014, 2023, 2025 and earlier. The most recent reduction was in 2025.

MCHB dividend history

Annual dividend per share, 2005 to 2025.

Peak $1.40 in 2022Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for MCHB, most recent first.
Ex-dividend date	Pay date	Amount	Type
August 28, 2026	September 1, 2026	$0.2500	Quarterly
May 22, 2026	May 28, 2026	$0.7000	Quarterly
March 9, 2026	March 19, 2026	$0.4000	Quarterly
December 8, 2025	December 15, 2025	$0.2100	Quarterly
November 7, 2023	November 22, 2023	$0.1000	Quarterly
August 8, 2023	August 23, 2023	$0.1000	Quarterly
May 9, 2023	May 24, 2023	$0.1000	Quarterly
February 7, 2023	February 22, 2023	$0.3500	Quarterly
November 7, 2022	November 22, 2022	$0.3500	Quarterly
August 8, 2022	August 23, 2022	$0.3500	Quarterly
May 9, 2022	May 24, 2022	$0.3500	Quarterly
February 8, 2022	February 23, 2022	$0.3500	Quarterly
November 8, 2021	November 23, 2021	$0.2500	Quarterly
August 9, 2021	August 24, 2021	$0.2500	Quarterly
May 10, 2021	May 26, 2021	$0.2500	Quarterly
February 8, 2021	February 24, 2021	$0.2500	Quarterly
November 5, 2020	November 23, 2020	$0.1500	Quarterly
August 6, 2020	August 24, 2020	$0.1500	Quarterly
May 1, 2020	May 20, 2020	$0.1500	Quarterly
February 4, 2020	February 21, 2020	$0.1500	Quarterly
February 10, 2015	February 20, 2015	$0.0900	Irregular
November 6, 2014	November 26, 2014	$0.0900	Irregular
August 13, 2014	August 28, 2014	$0.0900	Irregular
May 13, 2014	May 30, 2014	$0.0900	Irregular
February 12, 2014	February 28, 2014	$0.0800	Quarterly
January 30, 2014	February 24, 2014	$0.1100	Irregular
November 7, 2013	November 27, 2013	$0.0800	Irregular
October 31, 2013	November 25, 2013	$0.1100	Irregular
August 15, 2013	August 30, 2013	$0.0800	Monthly
August 1, 2013	August 15, 2013	$0.1100	Monthly
May 9, 2013	May 29, 2013	$0.0800	Monthly
April 9, 2013	April 22, 2013	$0.1100	Quarterly
February 12, 2013	February 28, 2013	$0.0800	Quarterly
November 7, 2012	November 28, 2012	$0.0800	Quarterly
August 9, 2012	August 29, 2012	$0.0800	Quarterly
May 10, 2012	May 30, 2012	$0.0700	Quarterly
February 9, 2012	February 28, 2012	$0.0700	Quarterly
November 9, 2011	November 29, 2011	$0.0600	Quarterly
September 8, 2011	September 26, 2011	$0.0600	Quarterly
May 18, 2011	June 6, 2011	$0.0600	Quarterly

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Frequently asked questions

Does MCHB pay a dividend?: Yes. Mechanics Bank pays a quarterly dividend, currently yielding 10.28% based on trailing twelve-month payments of $1.56 per share.
How much does MCHB pay in dividends?: $1.56 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next MCHB ex-dividend date?: No upcoming ex-dividend date is currently on record for MCHB. Dates appear here once the company declares them.