SPMC
Sound Point Meridian Capital Inc
$10.05
▲
$0.04(0.40%)
as of Jun 17, 2026 17:08 UTC
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.
Key Metrics
Current Yield
23.88%
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
$2.4000
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
71.9
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a more attractive dividend profile by our model — an opinion, not advice.RSI (14)
33
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
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
-45.82%
The share of earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns, which can be a warning sign.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.S.A.F.E. Dividend Read
S
Sustainable Payout
Payout ratio -46% is elevated.
A
Payment Track Record
Only 2 year(s) of payments on record.
F
Fair Valuation
Price-to-book 0.93.
E
Entry Signal
Not oversold. RSI 33.
Quote & Key Data
ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume22,703How many shares changed hands in the latest session — a rough read on trading activity.
Open$9.84The price at the start of the latest trading session.
Day Range$9.77 – $10.10The lowest and highest price during the latest trading session.
Prev Close$10.01The closing price from the previous trading session.
Market Cap$184.63MThe company's total market value: share price times shares outstanding.
Shares Out18.37MThe total number of shares the company has issued.
EPS$-6.12Earnings per share — profit divided by shares outstanding. Dividends are paid out of these earnings.
P/E-1.6Price-to-earnings ratio: share price divided by earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendSep 15, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateSep 30, 2026The date the dividend is actually paid into shareholders' accounts.
Dividend Growth
3-Yr Growth (CAGR)-The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)-The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases1 yrThe number of years in a row the dividend has increased — a track record of reliability.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.2000 M | Regular | 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 |