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SPMC Dividend

Sound Point Meridian Capital Inc

NYSEFinancial ServicesStockData as of
Dividend yield
32.26%
Annual dividend
$2.70
Payout ratio
-165.98
Frequency
Monthly
Share price
$8.37
Market cap
$172M

Next payment

Ex-dividend date: Pay date: Amount: $0.1300

You must own the shares before the ex-dividend date to receive this payment.

Is SPMC 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 32.26%, 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.
  • Earnings are negativeA payout ratio of -165.98 means the company is paying a dividend while reporting a loss. That can be funded from cash or borrowing for a time, but not from profits.
  • Short payment recordOnly 2 complete years of payment history is available, which is not enough to judge consistency.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

SPMC dividend history

Annual dividend per share, 2024 to 2025.

20242025
Peak $3.00 in 2025Typical 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 30 dividend payments for SPMC, most recent first.
Ex-dividend datePay dateAmountType
$0.1300Monthly
$0.1300Monthly
$0.1300Monthly
$0.2000Monthly
$0.2000Monthly
$0.2000Monthly
$0.2000Monthly
$0.2000Monthly
$0.2000Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2500Monthly
$0.2400Monthly
$0.2400Monthly
$0.2400Monthly
$0.2200Monthly
$0.2200Monthly
$0.2200Monthly
$0.2000Monthly
$0.2000Monthly
$0.3000Monthly

How much would SPMC pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate SPMC dividend income →

SPMC appears in

Closest to SPMC on yield.

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Frequently asked questions

Does SPMC pay a dividend?
Yes. Sound Point Meridian Capital Inc pays a monthly dividend, currently yielding 32.26% based on trailing twelve-month payments of $2.70 per share.
How much does SPMC pay in dividends?
$2.70 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next SPMC ex-dividend date?
The next ex-dividend date on record is October 15, 2026, with payment on October 30, 2026. You must own the shares before the ex-dividend date to receive that payment.