SPMA is Sound Point Meridian Capital, Inc. 8.00% Series A Preferred Shares Due 2029 (Financial Services). Trading at $25.10. Current dividend yield: 7.97%.
Dividend snapshot
| Annual dividend rate | $2.00 |
| Current yield | 7.97% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 15, 2026(in 8 days) |
| Most recent payment date | Aug 14, 2026 |
| Last payment amount | $0.1667 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | — |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-12-15 | $0.1667 |
| 2026-11-13 | $0.1667 |
| 2026-10-15 | $0.1667 |
| 2026-09-15 | $0.1667 |
| 2026-08-14 | $0.1667 |
| 2026-07-15 | $0.1667 |
| 2026-06-15 | $0.1667 |
| 2026-05-15 | $0.1667 |
About SPMA
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
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Frequently asked
What is SPMA's dividend yield?
SPMA (Sound Point Meridian Capital, Inc. 8.00% Series A Preferred Shares Due 2029) currently has a dividend yield of 7.97%, which works out to about $2.00 in annual dividend payments per share.
When is SPMA's next ex-dividend date?
SPMA's next ex-dividend date is Sep 15, 2026 (in 8 days). To receive the upcoming dividend, you must own shares before this date.
When did SPMA last pay a dividend?
SPMA's most recent dividend payment date was Aug 14, 2026.
How often does SPMA pay dividends?
SPMA pays dividends on a monthly schedule.
Track SPMA in DiviDrip
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Data refreshed 2026-09-07. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.