SPMC Sound Point Meridian Capital Inc — distribution yield, history & ex-dividend dates
Sound Point Meridian Capital, LLC functions as a closed-end investment firm based in the United States. The company's primary investment strategy involves allocating capital to the equity and mezzanine layers of collateralized loan obligations (CLOs). These CLOs are backed by diversified pools of predominantly lower-rated, U.S. senior secured debt. Established in 2022, its operations are headquartered in New York, New York.
Distribution Snapshot
Key Metrics
Distribution Yield
16.12%
At the Sep 14, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Distribution
$1.5600
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
M Monthly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
20.1
As of Sep 14, 2026
Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
48
As of Sep 14, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$8.46 – $18.45
Closes through Sep 11, 2026
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
n/a
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
2
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
1.00
Price as of Sep 14, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Distribution Growth
Why the Yield Moved (90 Days)
SPMC's distribution yield fell from 23.98% to 16.12% over the past ~90 days (-7.86 pp). Of that move, -8.68 pp came from changes in the distribution rate and +0.82 pp from the share price ($10.01 on Jun 16, 2026 → $9.68 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 335 daily observations over the past 16 months (through Sep 11, 2026), SPMC's current yield is higher than approximately 1% of them. Our stored price history for SPMC covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Distribution History
Distribution Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.1300 M | Regular upcoming, declared | Aug 12, 2026 | Dec 15, 2026 | Dec 15, 2026 | Dec 31, 2026 |
| $0.1300 M | Regular upcoming, declared | Aug 12, 2026 | Nov 13, 2026 | Nov 13, 2026 | Nov 30, 2026 |
| $0.1300 M | Regular upcoming, declared | Aug 12, 2026 | Oct 15, 2026 | Oct 15, 2026 | Oct 30, 2026 |
| $0.2000 M | Regular upcoming, declared | May 20, 2026 | Sep 15, 2026 | Sep 15, 2026 | Sep 30, 2026 |
| $0.2000 M | Regular | May 20, 2026 | Aug 14, 2026 | Aug 14, 2026 | Aug 31, 2026 |
| $0.2000 M | Regular | May 20, 2026 | Jul 15, 2026 | Jul 15, 2026 | Jul 31, 2026 |
| $0.2000 M | Regular | Feb 11, 2026 | Jun 15, 2026 | Jun 15, 2026 | Jun 30, 2026 |
| $0.2000 M | Regular | Feb 11, 2026 | May 15, 2026 | May 15, 2026 | May 29, 2026 |
| $0.2000 M | Regular | Feb 11, 2026 | Apr 15, 2026 | Apr 15, 2026 | Apr 30, 2026 |
| $0.2500 M | Regular | Nov 05, 2025 | Mar 16, 2026 | Mar 16, 2026 | Mar 31, 2026 |
| $0.2500 M | Regular | Nov 05, 2025 | Feb 13, 2026 | Feb 16, 2026 | Feb 27, 2026 |
| $0.2500 M | Regular | Nov 05, 2025 | Jan 15, 2026 | Jan 15, 2026 | Jan 30, 2026 |
| $0.2500 M | Regular | Aug 05, 2025 | Dec 15, 2025 | Dec 15, 2025 | Dec 31, 2025 |
| $0.2500 M | Regular | Aug 05, 2025 | Nov 14, 2025 | Nov 14, 2025 | Nov 28, 2025 |
| $0.2500 M | Regular | Aug 05, 2025 | Oct 15, 2025 | Oct 15, 2025 | Oct 31, 2025 |
| $0.2500 M | Regular | May 29, 2025 | Sep 15, 2025 | Sep 15, 2025 | Sep 30, 2025 |
| $0.2500 M | Regular | May 29, 2025 | Aug 15, 2025 | Aug 15, 2025 | Aug 29, 2025 |
| $0.2500 M | Regular | May 29, 2025 | Jul 15, 2025 | Jul 15, 2025 | Jul 31, 2025 |
| $0.2500 M | Regular | Feb 05, 2025 | Jun 13, 2025 | Jun 13, 2025 | Jun 30, 2025 |
| $0.2500 M | Regular | Feb 05, 2025 | May 15, 2025 | May 15, 2025 | May 30, 2025 |
| $0.2500 M | Regular | Feb 05, 2025 | Apr 15, 2025 | Apr 15, 2025 | Apr 30, 2025 |
| $0.2400 M | Regular | Nov 07, 2024 | Mar 14, 2025 | Mar 14, 2025 | Mar 31, 2025 |
| $0.2400 M | Regular | Nov 07, 2024 | Feb 14, 2025 | Feb 14, 2025 | Feb 28, 2025 |
| $0.2400 M | Regular | Nov 07, 2024 | Jan 15, 2025 | Jan 15, 2025 | Jan 31, 2025 |
| $0.2200 M | Regular | Aug 15, 2024 | Dec 16, 2024 | Dec 16, 2024 | Dec 31, 2024 |
| $0.2200 M | Regular | Aug 15, 2024 | Nov 15, 2024 | Nov 15, 2024 | Nov 29, 2024 |
| $0.2200 M | Regular | Aug 15, 2024 | Oct 15, 2024 | Oct 15, 2024 | Oct 31, 2024 |
| $0.2000 M | Regular | Jun 27, 2024 | Sep 16, 2024 | Sep 16, 2024 | Sep 30, 2024 |
| $0.2000 M | Regular | Jun 27, 2024 | Aug 15, 2024 | Aug 15, 2024 | Aug 30, 2024 |
| $0.3000 M | Regular | Jun 27, 2024 | Jul 15, 2024 | Jul 15, 2024 | Jul 31, 2024 |
Peer Comparison
Selected Asset Management distribution payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| SOR | Source Capital, Inc. | 5.42% | 8.8% | 0 yrs | 87 |
| CGI.TO | Canadian General Investments, Limited | 2.36% | 5.2% | 7 yrs | 83 |
| CGRIF | Canadian General Investments, Limited | 2.27% | 4.1% | 2 yrs | 79 |
| TROW | T. Rowe Price Group, Inc. | 4.89% | 7.1% | 3 yrs | 74 |
Related Guides & Lists
SPMC dividend — frequently asked questions
Does Sound Point Meridian Capital Inc pay a dividend?
Yes. Sound Point Meridian Capital Inc (SPMC) currently pays a dividend. The annualized dividend is about $1.56 per share, a yield of approximately 16.12%.
What is Sound Point Meridian Capital Inc's dividend yield?
Sound Point Meridian Capital Inc's dividend yield is approximately 16.12%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Sound Point Meridian Capital Inc pay dividends?
Sound Point Meridian Capital Inc pays dividends monthly — 12 times per year.
When is Sound Point Meridian Capital Inc's next ex-dividend date?
The next declared ex-dividend date for Sound Point Meridian Capital Inc is September 15, 2026. The associated payment is $0.2000 per share; you must own the shares before the ex-dividend date to receive it.
How long has Sound Point Meridian Capital Inc paid dividends?
Sound Point Meridian Capital Inc has 2 years of dividend payments on record.
Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.