SPME
Sound Point Meridian Capital, Inc.
$25.22
▲
$0.12(0.48%)
as of Jun 17, 2026 17:09 UTC
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.
Key Metrics
Current Yield
7.81%
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
50.4
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
53
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
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
-
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.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.S.A.F.E. Dividend Read
S
Sustainable Payout
Payout ratio unavailable.
A
Payment Track Record
Only 1 year(s) of payments on record.
F
Fair Valuation
Price-to-book unavailable.
E
Entry Signal
Not oversold. RSI 53.
Quote & Key Data
ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume302How many shares changed hands in the latest session — a rough read on trading activity.
Open$25.22The price at the start of the latest trading session.
Day Range$25.22 – $25.22The lowest and highest price during the latest trading session.
Prev Close$25.10The closing price from the previous trading session.
Market Cap-The company's total market value: share price times shares outstanding.
Shares Out-The total number of shares the company has issued.
EPS-Earnings per share — profit divided by shares outstanding. Dividends are paid out of these earnings.
P/E-Price-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 Increases0 yrsThe 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 |
|---|---|---|---|---|---|
| $0.1641 M | Regular | - | Sep 15, 2026 | Sep 15, 2026 | Sep 30, 2026 |
| $0.1641 M | Regular | - | Aug 14, 2026 | Aug 14, 2026 | Aug 31, 2026 |
| $0.1641 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 |