Richmond Mutual Bancorp (Richmond Mutual Bancorp) Dividend Payout Ratio : 0.74 (As of Dec. 2023)

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What is Richmond Mutual Bancorp Dividend Payout Ratio?

Richmond Mutual Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.74.

The historical rank and industry rank for Richmond Mutual Bancorp's Dividend Payout Ratio or its related term are showing as below:

RMBI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.32 Max: 0.62
Current: 0.62

During the past 7 years, the highest Dividend Payout Ratio of Richmond Mutual Bancorp was 0.62. The lowest was 0.18. And the median was 0.32.

RMBI's Dividend Payout Ratio is ranked worse than
83.76% of 1090 companies
in the Banks industry
Industry Median: 0.35 vs RMBI: 0.62

As of today (2024-05-09), the Dividend Yield % of Richmond Mutual Bancorp is 4.94%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Richmond Mutual Bancorp was 5.42%. The lowest was 0.43%. And the median was 2.10%.

Richmond Mutual Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.14.

During the past 12 months, Richmond Mutual Bancorp's average Dividends Per Share Growth Rate was 40.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 55.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Richmond Mutual Bancorp was 55.10% per year. The lowest was 55.10% per year. And the median was 55.10% per year.

The growth rate is calculated with least square regression.

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

Richmond Mutual Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Richmond Mutual Bancorp's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Richmond Mutual Bancorp Dividend Payout Ratio Chart

Richmond Mutual Bancorp Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.18

0.29

0.34

0.62

Richmond Mutual Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.33	0.52	0.54	0.74	0.74

Competitive Comparison of Richmond Mutual Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Richmond Mutual Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Richmond Mutual Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Richmond Mutual Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Richmond Mutual Bancorp's Dividend Payout Ratio falls into.

Richmond Mutual Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Richmond Mutual Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.56	/	0.91
	=	0.62

Richmond Mutual Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.14	/	0.19
	=	0.74

Richmond Mutual Bancorp (NAS:RMBI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Richmond Mutual Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Richmond Mutual Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Richmond Mutual Bancorp (Richmond Mutual Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Richmond Mutual Bancorp Inc (NAS:RMBI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 North 9th Street, Richmond, IN, USA, 47374

Website

https://www.firstbankrichmond.com

Richmond Mutual Bancorp Inc is a United States-based banking company. Its principal business consists of attracting deposits from the general public & brokered deposits and investing those funds primarily in loans secured by commercial and multi-family real estate, first mortgages on owner-occupied, one-to four-family residences, a variety of consumer loans, direct financing leases, and commercial and industrial loans.

Executives

Hanley Harold T. Iii	director	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
M. Lynn Wetzel	director	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Kathryn Cruz-uribe	director	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
E. Michael Blum	director	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Jeffrey A. Jackson	director	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Bradley M. Glover	officer: Acting CFO	RICHMOND MUTUAL BANCORPORATION, 31 NORTH 9TH STREET, RICHMOND IN 47374
Donald A Benziger	officer: EVP, CFO	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Alan M. Spears	officer: Senior Vice President, Trust	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Robin S. Weinert	officer: SVP Operations/Retail Banking	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Lindley S. Mann	director	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Garry D. Kleer	officer: President, CEO	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Stevens W. Ray Iii	director	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Dean W. Weinert	officer: President, Mutual Federal	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Fullerton Albert E. Jr.	officer: SVP, Chief Information Officer	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374
Pamela S. Stoops	officer: SVP, Retail Lending Manager	RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND IN 47374