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MFBP Projected Dividend Yield

M & F Bancorp Inc ( OTCBB : MFBP )

M&F Bancorp is a bank holding company. Through its wholly owned subsidiary, Mechanics and Farmers Bank (the Bank), Co. is engaged in providing a variety of consumer and commercial banking services and products almost exclusively in North Carolina. At Dec 31 2016, the Bank had seven branches in North Carolina: two in Durham, two in Raleigh, and one each in Charlotte, Greensboro and Winston-Salem. As of Dec 31 2016, Co. had total assets of $256.4 million and total deposits of $229.4 million.

30 YEAR PERFORMANCE RESULTS

MFBP Dividend History Detail
MFBP Dividend News
MFBP Competitors News

# of Shares: 0

Closing Price: 13.34

Current Market Value: 0.00

Cost Basis: 0.00

Date Acquired:

Dividend Cash Flow
Year	Annual Dividend	Dividend Growth	# of Shares	Annual Dividend Income	Yield On Cost %
2004	0.15	0%	0	$ 0.00	0.00%
2005	0.20	33%	0	$ 0.00	0.00%
2006	0.20	0%	0	$ 0.00	0.00%
2007	0.20	0%	0	$ 0.00	0.00%
2008	0.20	0%	0	$ 0.00	0.00%
2009	0.13	0%	0	$ 0.00	0.00%
2010	0.13	0%	0	$ 0.00	0.00%
2011	0.13	0%	0	$ 0.00	0.00%
2012	0.13	0%	0	$ 0.00	0.00%
2013	0.13	0%	0	$ 0.00	0.00%
2014	0.06	0%	0	$ 0.00	0.00%
2015	0.00	0%	0	$ 0.00	0.00%
2016	0.00	0%	0	$ 0.00	0.00%
2017	0.00	0%	0	$ 0.00	0.00%
2018	0.00	0%	0	$ 0.00	0.00%
2019	0.06	0%	0	$ 0.00	0.00%
2020	0.00	0%	0	$ 0.00	0.00%
2021	0.06	0%	0	$ 0.00	0.00%
2022	0.12	100%	0	$ 0.00	0.00%
2023	0.16	33%	0	$ 0.00	0.00%
2024	0.20	31%	0	$ 0.00	1.50%
2025	0.22	31%	0	$ 0.00	1.96%
2026	0.29	31%	0	$ 0.00	2.56%
2027	0.38	31%	0	$ 0.00	3.35%
2028	0.50	31%	0	$ 0.00	4.38%
2029	0.65	31%	0	$ 0.00	5.73%
2030	0.85	31%	0	$ 0.00	7.50%
2031	1.11	31%	0	$ 0.00	9.80%
2032	1.45	31%	0	$ 0.00	12.82%
2033	1.90	31%	0	$ 0.00	16.77%
2034	2.49	31%	0	$ 0.00	21.92%
Using the current years Dividend Growth rate of 31% and projecting 31% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 21.92%
Rolling Last 4 qtrs dividends total $ 0.17 and Previous last 4 qtrs dividends total $ 0.13
Dividend 1 Yr Growth = ( 0.17 – 0.13 ) × 100 = 31% (Click the Edit pencil if you want to modify the forward dividend growth rate projection) 0.13

Year	Declaration Date	Ex-Dividend Date	Record Date	Payable Date	Dividend $ Amount
2024	Jan 23, 2024	Feb 22, 2024	Feb 23, 2024	Mar 13, 2024	0.0500
2024 Total:					0.0500
2023	Oct 24, 2023	Nov 22, 2023	Nov 24, 2023	Dec 13, 2023	0.0400
2023	Jul 25, 2023	Aug 24, 2023	Aug 25, 2023	Sep 13, 2023	0.0400
2023	Apr 25, 2023	May 25, 2023	May 26, 2023	Jun 14, 2023	0.0400
2023	Jan 24, 2023	Feb 23, 2023	Feb 24, 2023	Mar 15, 2023	0.0400
2023 Total:					0.1600
2022	Oct 25, 2022	Nov 23, 2022	Nov 25, 2022	Dec 14, 2022	0.0300
2022	Jul 26, 2022	Aug 25, 2022	Aug 26, 2022	Sep 14, 2022	0.0300
2022	Apr 26, 2022	May 26, 2022	May 27, 2022	Jun 15, 2022	0.0300
2022	Jan 25, 2022	Feb 25, 2022	Feb 28, 2022	Mar 14, 2022	0.0300
2022 Total:					0.1200
2021	Oct 26, 2021	Nov 24, 2021	Nov 26, 2021	Dec 13, 2021	0.0200
2021	Jul 27, 2021	Aug 26, 2021	Aug 28, 2021	Sep 13, 2021	0.0200
2021	Apr 27, 2021	May 07, 2021	May 10, 2021	May 19, 2021	0.0200
2021 Total:					0.0600
2019	Nov 25, 2019	Dec 09, 2019	Nov 29, 2019	Dec 09, 2019	0.0600
2019 Total:					0.0600