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.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.1300 | Monthly | ||
| $0.1300 | Monthly | ||
| $0.1300 | Monthly | ||
| $0.2000 | Monthly | ||
| $0.2000 | Monthly | ||
| $0.2000 | Monthly | ||
| $0.2000 | Monthly | ||
| $0.2000 | Monthly | ||
| $0.2000 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2500 | Monthly | ||
| $0.2400 | Monthly | ||
| $0.2400 | Monthly | ||
| $0.2400 | Monthly | ||
| $0.2200 | Monthly | ||
| $0.2200 | Monthly | ||
| $0.2200 | Monthly | ||
| $0.2000 | Monthly | ||
| $0.2000 | Monthly | ||
| $0.3000 | Monthly |
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
Other financial services dividend stocks
Closest to SPMC on yield.
- OXSQOxford Square Capital Corp.33.07%
- ECCEagle Point Credit Company Inc.34.29%
- PNNTPennantPark Investment Corporation28.92%
- HRZNHorizon Technology Finance Corporation28.51%
- GOFGuggenheim Strategic Opportunities Fund25.56%
- PSECProspect Capital Corporation24.66%
- OXLCOxford Lane Capital Corp.40.27%
- ECATBlackRock ESG Capital Allocation Trust23.47%
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.