SPME Sound Point Meridian Capital, Inc. — dividend yield, history & ex-dividend dates
Sound Point Meridian Capital, LLC, founded in 2022, functions as a closed-end investment management company based in the United States. Its primary investment strategy involves allocating capital to the equity and mezzanine tranches of collateralized loan obligations (CLOs). These CLOs, in turn, are backed by portfolios predominantly consisting of speculative-grade U.S. senior secured loans. The firm's headquarters are located in New York, New York.
Dividend Snapshot
Key Metrics
Current Yield
7.89%
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 Dividend
$1.9687
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
50.3
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)
47
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
$24.40 – $25.76
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
-
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
1
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
-
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
Dividend Growth
Why the Yield Moved (90 Days)
SPME's dividend yield rose from 7.84% to 7.89% over the past ~90 days (+0.05 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.04 pp from the share price ($25.10 on Jun 16, 2026 → $24.96 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 270 daily observations over the past 14 months (through Sep 11, 2026), SPME's current yield is higher than approximately 90% of them. Our stored price history for SPME covers the past 14 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.1641 M | Regular upcoming, not yet declared | - | Nov 13, 2026 | Nov 13, 2026 | Nov 30, 2026 |
| $0.1641 M | Regular upcoming, not yet declared | - | Oct 15, 2026 | Oct 15, 2026 | Oct 30, 2026 |
| $0.1641 M | Regular upcoming, not yet declared | - | Sep 15, 2026 | Sep 15, 2026 | Sep 30, 2026 |
| $0.1640 M | Regular | - | Aug 14, 2026 | Aug 14, 2026 | Aug 31, 2026 |
| $0.1640 M | Regular | - | Jul 15, 2026 | Jul 15, 2026 | Jul 31, 2026 |
| $0.1640 M | Regular | - | Jun 15, 2026 | Jun 15, 2026 | Jun 30, 2026 |
| $0.1640 M | Regular | - | May 15, 2026 | May 15, 2026 | May 29, 2026 |
| $0.1640 M | Regular | - | Apr 15, 2026 | Apr 15, 2026 | Apr 30, 2026 |
| $0.1640 M | Regular | - | Mar 16, 2026 | Mar 16, 2026 | Mar 31, 2026 |
| $0.1640 M | Regular | - | Feb 13, 2026 | Feb 16, 2026 | Feb 27, 2026 |
| $0.1640 M | Regular | - | Jan 15, 2026 | Jan 15, 2026 | Jan 30, 2026 |
| $0.1640 M | Regular | - | Dec 15, 2025 | Dec 15, 2025 | Dec 31, 2025 |
| $0.1640 M | Regular | - | Nov 14, 2025 | Nov 14, 2025 | Nov 28, 2025 |
| $0.1640 M | Regular | - | Oct 15, 2025 | Oct 15, 2025 | Oct 31, 2025 |
| $0.1640 M | Regular | - | Sep 15, 2025 | Sep 15, 2025 | Sep 30, 2025 |
| $0.1640 M | Regular | - | Aug 15, 2025 | Aug 15, 2025 | Aug 29, 2025 |
1 future payment listed by our data provider without a declaration is a projection, so it is not listed here or shown as a last or next dividend.
Peer Comparison
Selected Asset Management dividend 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
SPME dividend — frequently asked questions
Does Sound Point Meridian Capital, Inc. pay a dividend?
Yes. Sound Point Meridian Capital, Inc. (SPME) currently pays a dividend. The annualized dividend is about $1.97 per share, a yield of approximately 7.89%.
What is Sound Point Meridian Capital, Inc.'s dividend yield?
Sound Point Meridian Capital, Inc.'s dividend yield is approximately 7.89%, 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 scheduled ex-dividend date for Sound Point Meridian Capital, Inc. is September 15, 2026; no declaration is on file yet. The associated payment is $0.1641 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 1 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.