Mechanics (MCHB) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $1.56
- Forward yield
- 10.85%
- Payout ratio
- 152.5%
Mechanics pays dividends on a quarterly schedule, though the amounts have varied widely. Its most recent payment, $0.25 per share, had an ex-date of August 28, 2026 and was paid on September 1, 2026. Over the trailing twelve months, it paid $1.56 per share, a yield of about 10.48% at a share price of $14.88.
The record is irregular. From 2020 through 2022, the quarterly rate stepped up once a year: $0.15 in 2020, $0.25 in 2021 and $0.35 in 2022. The February 2023 payment was $0.35, and the next three in 2023 were $0.10 each. The table then shows no payments for about two years, between November 2023 and December 2025. Since payments resumed, the four amounts have been $0.21 in December 2025, then $0.40, $0.70 and $0.25 in 2026. Payments by calendar year were $0.60 in 2020, $1.00 in 2021, $1.40 in 2022 and $0.65 in 2023. The source does not give a growth streak.
Recent ex-dates have fallen in March, May, August and December. If that timing holds, the next payment would go ex-dividend in early December 2026. The record since the restart is too short and uneven to show a pattern in the amounts.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 19, 2026 | Aug 28, 2026 | Sep 1, 2026 | $0.25 |
| May 13, 2026 | May 22, 2026 | May 28, 2026 | $0.70 |
| Feb 25, 2026 | Mar 9, 2026 | Mar 19, 2026 | $0.40 |
| Nov 26, 2025 | Dec 8, 2025 | Dec 15, 2025 | $0.21 |
| Oct 30, 2023 | Nov 7, 2023 | Nov 22, 2023 | $0.10 |
| Jul 28, 2023 | Aug 8, 2023 | Aug 23, 2023 | $0.10 |
| Apr 24, 2023 | May 9, 2023 | May 24, 2023 | $0.10 |
| Jan 27, 2023 | Feb 7, 2023 | Feb 22, 2023 | $0.35 |
| Oct 28, 2022 | Nov 7, 2022 | Nov 22, 2022 | $0.35 |
| Jul 29, 2022 | Aug 8, 2022 | Aug 23, 2022 | $0.35 |
| Apr 28, 2022 | May 9, 2022 | May 24, 2022 | $0.35 |
| Jan 27, 2022 | Feb 8, 2022 | Feb 23, 2022 | $0.35 |
| Oct 29, 2021 | Nov 8, 2021 | Nov 23, 2021 | $0.25 |
| Jul 30, 2021 | Aug 9, 2021 | Aug 24, 2021 | $0.25 |
| Apr 30, 2021 | May 10, 2021 | May 26, 2021 | $0.25 |
| Jan 29, 2021 | Feb 8, 2021 | Feb 24, 2021 | $0.25 |
| Oct 26, 2020 | Nov 5, 2020 | Nov 23, 2020 | $0.15 |
| Jul 27, 2020 | Aug 6, 2020 | Aug 24, 2020 | $0.15 |
| Apr 27, 2020 | May 1, 2020 | May 20, 2020 | $0.15 |
| Jan 27, 2020 | Feb 4, 2020 | Feb 21, 2020 | $0.15 |
Frequently asked questions
Does Mechanics (MCHB) pay a dividend?
Yes. Mechanics pays a quarterly dividend; the most recent payment was $0.25 per share.
What is MCHB's dividend yield?
Mechanics paid $1.56 per share over the trailing twelve months, a yield of 10.85% at the last price of $14.38. Click here to learn more
When is MCHB's most recent ex-dividend date?
Mechanics's most recent ex-dividend date is Aug 28, 2026, payable on Sep 1, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.