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MetroCity Bankshares (MetroCity Bankshares) 3-Year Dividend Growth Rate : 21.60% (As of Mar. 2024)


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What is MetroCity Bankshares 3-Year Dividend Growth Rate?

MetroCity Bankshares's Dividends per Share for the three months ended in Mar. 2024 was $0.20.

The historical rank and industry rank for MetroCity Bankshares's 3-Year Dividend Growth Rate or its related term are showing as below:

MCBS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 6.6   Med: 17.1   Max: 31.7
Current: 21.6

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of MetroCity Bankshares was 31.70% per year. The lowest was 6.60% per year. And the median was 17.10% per year.

MCBS's 3-Year Dividend Growth Rate is ranked better than
80.63% of 764 companies
in the Banks industry
Industry Median: 7.55 vs MCBS: 21.60

During the past 12 months, MetroCity Bankshares's average Dividends Per Share Growth Rate was 17.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

MetroCity Bankshares's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.35. As of today, MetroCity Bankshares's Dividend Yield % is 3.00%.

Warning Sign:

MetroCity Bankshares Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MetroCity Bankshares's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, MetroCity Bankshares's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MetroCity Bankshares's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MetroCity Bankshares's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where MetroCity Bankshares's 3-Year Dividend Growth Rate falls into.



MetroCity Bankshares 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


MetroCity Bankshares  (NAS:MCBS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

MetroCity Bankshares's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.2/ 0.57
=0.35

During the past 9 years, the highest Dividend Payout Ratio of MetroCity Bankshares was 0.38. The lowest was 0.13. And the median was 0.23.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

MetroCity Bankshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2000002024-04-302024-05-012024-05-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002024-01-302024-01-312024-02-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.1800002023-10-312023-11-012023-11-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.1800002023-08-022023-08-032023-08-11Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

MetroCity Bankshares's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.76/25.37
=3.00 %

Current Share Price is $25.37.
MetroCity Bankshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.76.

During the past 9 years, the highest Dividend Yield of MetroCity Bankshares was 4.94%. The lowest was 0.50%. And the median was 2.68%.

Warning Sign:

MetroCity Bankshares Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MetroCity Bankshares 3-Year Dividend Growth Rate Related Terms>


MetroCity Bankshares (MetroCity Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
5114 Buford Highway, Doraville, GA, USA, 30340
MetroCity Bankshares Inc is a holding company of its subsidiary Metro City Bank. It provides commercial banking services such as consumer and commercial checking accounts, savings accounts, certificates of deposits, commercial and consumer loans, money transfers and a variety of other banking services. The banks generate revenue from interest income. Its customers include small business owners, professionals, consumers, and real estate developers.
Executives
Nack Y Paek director, officer: Chief Executive Officer
William J. Hungeling director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Sam Sang-koo Shim director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Ajit A. Patel director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Howard Hwasaeng Kim director, officer: Executive Vice President C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Farid Tan director, officer: President C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Feiying Lu director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Don Leung director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Frank S. Rhee director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Young K. Park director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Francis Lai director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Frank Glover director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Lucas Stewart officer: Chief Financial Officer C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
William M. Hungeling director C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Samuel Benton Gunter officer: Executive VP and CAO C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340

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