Latest news with #MPB
Yahoo
4 days ago
- Business
- Yahoo
Mid Penn Bancorp (NASDAQ:MPB) Will Pay A Dividend Of $0.20
The board of Mid Penn Bancorp, Inc. (NASDAQ:MPB) has announced that it will pay a dividend of $0.20 per share on the 25th of August. This means the dividend yield will be fairly typical at 3.0%. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Mid Penn Bancorp's Payment Expected To Have Solid Earnings Coverage We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. Mid Penn Bancorp has a long history of paying out dividends, with its current track record at a minimum of 10 years. Based on Mid Penn Bancorp's last earnings report, the payout ratio is at a decent 34%, meaning that the company is able to pay out its dividend with a bit of room to spare. Over the next year, EPS is forecast to expand by 29.2%. If the dividend continues along recent trends, we estimate the future payout ratio will be 34%, which is in the range that makes us comfortable with the sustainability of the dividend. View our latest analysis for Mid Penn Bancorp Dividend Volatility The company's dividend history has been marked by instability, with at least one cut in the last 10 years. The dividend has gone from an annual total of $0.40 in 2015 to the most recent total annual payment of $0.80. This implies that the company grew its distributions at a yearly rate of about 7.2% over that duration. We like to see dividends have grown at a reasonable rate, but with at least one substantial cut in the payments, we're not certain this dividend stock would be ideal for someone intending to live on the income. Dividend Growth May Be Hard To Achieve Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Over the past five years, it looks as though Mid Penn Bancorp's EPS has declined at around 3.9% a year. If the company is making less over time, it naturally follows that it will also have to pay out less in dividends. Earnings are predicted to grow over the next year, but we would remain cautious until a track record of earnings growth is established. An additional note is that the company has been raising capital by issuing stock equal to 38% of shares outstanding in the last 12 months. Trying to grow the dividend when issuing new shares reminds us of the ancient Greek tale of Sisyphus - perpetually pushing a boulder uphill. Companies that consistently issue new shares are often suboptimal from a dividend perspective. Our Thoughts On Mid Penn Bancorp's Dividend Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. While Mid Penn Bancorp is earning enough to cover the dividend, we are generally unimpressed with its future prospects. We don't think Mid Penn Bancorp is a great stock to add to your portfolio if income is your focus. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've identified 3 warning signs for Mid Penn Bancorp (1 can't be ignored!) that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Euronews
21-07-2025
- Entertainment
- Euronews
Brazilian singer and feminist activist Preta Gil dies aged 50
Renowned Brazilian singer and presenter Preta Gil has died of cancer at the age of 50. Daughter of singer and former Brazilian culture minister Gilberto Gil and actress Sandra Gadelha, she had been fighting colorectal cancer since the beginning of 2023. Equally celebrated for her musical talents and campaigning for women's rights and the LGBTQ+ communities, she died in New York on Sunday, according to her spokeswoman, where she was undergoing treatment. A post shared by Preta Gil (@pretagil) Art and activism She released her first album in 2003, 'Prêt-à-porter', when her father was culture minister during Luiz Inácio Lula da Silva's first presidency. "This disc shows my roots, both the tropicalist side of MPB and my open, democratic and connected side," she wrote in her autobiography "Preta Gil: Os primeiros 50" (Preta Gil: The First 50), published in 2024. She also produced three more albums, 'Preta', from 2005, 'Sou Como Sou', from 2012, and 'Todas as Cores', from 2017, with collaborations with Gal Costa, Pabllo Vittar and Marília Mendonça. She released two live albums based on the shows 'Noite Preta', in 2010, and 'Bloco da Preta', in 2014. As an actress, she appeared in soap operas and various Globo projects and created a talk show in 2004. From the 2000s onwards, despite facing criticism for posing naked on the cover of her first album and for being open about her bisexuality, she championed feminist and anti-racist positions. She is survived by a 28-year-old son, Francisco, a member of the Gilsons, and a seven-year-old granddaughter.
Bangkok Post
20-07-2025
- Politics
- Bangkok Post
Police set to submit result of SAO probe to prosecutors
The result of the police's investigation into the collapse of the State Audit Office (SAO) building will be submitted to prosecutors tomorrow, says the Metropolitan Police Bureau (MPB). Deputy MPB commissioner, Pol Maj Gen Somkuan Puengsap, said on Sunday investigators have concluded their probe into the tragedy, in which the building on Kamphaeng Phet 2 Road in Chatuchak district collapsed after the capital was hit by a major earthquake on March 28. Investigators would hand over 51 boxes containing over 90,000 pages of documents to special prosecutors at Criminal Division 8. They will be asked to consider pressing charges of negligence resulting in harm and/or death against a total of 23 defendants, including the building's designers, contractors and project supervisors, as outlined by sections 227 and 230 of the Criminal Code. The list includes Premchai Karnasuta, former president of Italian-Thai Development PCL, as well as other suspects which have been detained in connection with the case. The second phase of the investigation, which focuses on wrongdoing by officials, is currently underway, he said, adding the result will be submitted to the National Anti-Corruption Commission (NACC). The key concern of this investigation is to determine whether bid rigging led to the use of substandard materials and design flaws. Suspended Prime Minister Paetongtarn Shinawatra had earlier pointed to poor design and construction methods as the cause of the collapse; however, Pol Maj Gen Somkuan said police have yet to arrive at that conclusion. That said, he noted, there is sufficient evidence to warrant a probe. Asked if the police plan to issue arrest warrants or summonses relating to the second phase of the investigation any time soon, he said it will depend on the prosecutors' review of the case. He assured investigators are still working to identify everyone responsible for the tragedy.
Borneo Post
17-07-2025
- Business
- Borneo Post
Senator slams delays in pepper fertiliser aid, urges immediate action from board
Wong stressed that Sarikei is one of Malaysia's main pepper-producing regions. – Photo by Chimon Upon SARIKEI (July 18): Senator Roderick Wong has voiced serious concern over the prolonged delay in the distribution of subsidised fertiliser under the New Pepper Planting Scheme (STLB) and Mature Pepper Planting Scheme (STLM), which continues to affect smallholder pepper farmers, particularly in Sarikei, Bintangor, Julau and Pakan. He noted that despite being well into mid-2025, many registered and eligible farmers have yet to receive any official notification from the Malaysian Pepper Board (MPB) or the appointed suppliers regarding the aid. 'We have received complaints from pepper farmers across Sarikei, Bintangor, Julau and Pakan, stating that they have been waiting for the subsidised fertiliser aid since early this year. 'This situation not only affects crop yield but also dampens farmers' morale,' he told the media yesterday. Wong stressed that Sarikei is one of Malaysia's main pepper-producing regions. He said Sarawak alone accounts for nearly 98 per cent of the country's total pepper production, with over 38,000 pepper farmers in the state – a significant number of whom are based in Sarikei and surrounding areas. According to data from the Ministry of Plantation and Commodities, Malaysia's pepper industry contributed RM186.68 million in export value in 2024 with a total production of 5,753 tonnes, compared to RM149 million from 5,800 tonnes in 2023. 'We are talking about an industry worth nearly RM200 million annually to the country. 'Yet, on the ground, pepper farmers are still struggling with basic issues, such as delays in receiving crucial fertiliser aid, which directly affects the quality of their crops,' said Wong. He believed the delays may stem from weaknesses in supplier management and inadequate monitoring by the MPB. As such, he urged MPB to hold suppliers accountable and ensure that only high-quality fertiliser products are distributed. 'We thus call on the MPB to immediately publish a clear fertiliser distribution schedule by district, so that farmers can know exactly when they will receive the aid,' he added. fertiliser lead Malaysian Pepper Board Pepper Roderick Wong
The Independent
14-07-2025
- Automotive
- The Independent
Win one of three camera gear vouchers worth up to $1000
From breathtaking views to candid moments, when it comes to capturing incredible images, you need to step away from the smartphone and opt for something a bit more high spec. The good news is, you don't need to spend a fortune upgrading your gear – as we're partnering with MPB to offer you a chance to win some of their quality, preowned camera gear. Whether you're a keen photographer looking for an upgrade or a newbie looking to try some proper snapping, via MPB you can buy quality, sustainable camera gear that's more affordable but just as reliable. From cameras to lenses and tripods, MPB gives you great prices and a convenient way to buy, sell and trade used gear around the U.S. Every MPB item is inspected by experts and individually photographed so you know exactly what you're getting. So don't overspend on new gear or undersell your current camera – shop or sell to MPB and contribute to a circular economy that's better for people and the planet. If you are unable to view the entry form, click here. For your chance to win free MPB Approved camera gear, enter our competition for a chance to win an MPB voucher to the value of $250, $500 or $1,000. Don't miss this opportunity to strengthen your setup without paying a penny. Terms and conditions: Competition closes 23.59pm on 31st August 2025. The prize is formed of three MPB vouchers to the value of $250, $500 or $1,000. The winners will be chosen at random following the competition's completion. This competition is open only to legal residents of the United States. Entries submitted by individuals who are not residents of the United States will be deemed ineligible.
