Smith-Midland Corporation Dividends | Yield & Payout

For Smith-Midland Corporation (SMID), the latest fiscal-year data shows a dividend yield of 0.91% and a payout ratio of 14.42%. Together, these metrics help you judge how much earnings are returned as dividends and whether the payout looks supported. Review the FY summary and payout history tables below to see the trend over time.

Dividend Performance Chart

Dividend Summary (FY)

8 years
Metric (FY)20192018201720162015201420132012
Dividends per share (FY)$0.06$0.06$0.05$0.01$0.04$0.04$0.06$0.05
Dividend yield (FY) %0.91%0.68%0.14%0.19%1.22%1.62%1.39%2.53%
Payout ratio (FY) %14.42%15.17%1.83%1.74%18.61%-21.65%20.89%63.88%

Dividend Payout History

9 payments
Pay DateEx-DateRecord DateAmount
2020-01-03December 19, 192019-12-20$0.06
2019-01-02December 18, 182018-12-19$0.06
N/ADecember 26, 17N/A$0.05
2017-01-13December 28, 162016-12-30$0.01
2015-12-30December 16, 152015-12-18$0.04
2014-12-30December 23, 142014-12-17$0.04
N/ADecember 31, 132013-12-20$0.03
2013-12-27December 18, 132013-12-20$0.03
2012-12-31December 21, 122012-12-14$0.05

Frequently Asked Questions

What is Smith-Midland Corporation's current dividend yield and payout ratio?

The dividend yield shows how much Smith-Midland Corporation returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has Smith-Midland Corporation's dividend changed over the last 5 years?

By reviewing the historical dividend payouts for Smith-Midland Corporation, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is Smith-Midland Corporation a high-yield stock compared to its industry peers?

Comparing Smith-Midland Corporation's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can Smith-Midland Corporation maintain its dividend during market downturns?

Analyzing Smith-Midland Corporation's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider Smith-Midland Corporation dividends as part of my long-term investment strategy?

Investors often include Smith-Midland Corporation dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.