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SPME DRIP Calculator & Dividend Yield 2026
7.95% YieldFinancial ServicesSound Point Meridian Capital, Inc. · NYSE
Price: $24.77 · Annual div: $1.97/share · Frequency: monthly · Payout ratio: N/A · Ex-div: 2026-11-13
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SPME Dividend Yield
SPME (Sound Point Meridian Capital, Inc.) has a dividend yield of 7.95%, based on an annual dividend of $1.97 per share and a price of $24.77. Over the last 12 months it paid $1.97 per share — a trailing yield of 7.95%. Dividends are paid monthly.
Yield history: over the last 4 payments, SPME's 12-month yield ranged from 7.84% to 8.49%. Full SPME dividend history ↓
More monthly dividend stocks →More high-yield dividend stocks →
SPME DRIP Rate: How Many Shares Your Dividends Buy
With dividends reinvested, a SPME position grows its share count by about 7.95% in the first year at today's price and yield. If the yield stays near 7.95%, DRIP doubles your number of shares in about 10 years without adding new money.
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🎯 When SPME pays your bills
Year your monthly dividend income covers each expense (based on current settings)
SPME Dividend History — Last 17 Payments
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-12-15Latest | 2026-12-31 | $0.1641 | — | — |
| 2026-11-13 | 2026-11-30 | $0.1641 | — | — |
| 2026-10-15 | 2026-10-30 | $0.1640 | 7.91% | $24.87 |
| 2026-09-15 | 2026-09-30 | $0.1640 | 7.89% | $24.95 |
| 2026-08-14 | 2026-08-31 | $0.1640 | 8.49% | $25.12 |
| 2026-07-15 | 2026-07-31 | $0.1640 | 7.84% | $25.10 |
| 2026-06-15 | 2026-06-30 | $0.1640 | 7.19% | $25.08 |
| 2026-05-15 | 2026-05-29 | $0.1640 | 6.55% | $25.03 |
| 2026-04-15 | 2026-04-30 | $0.1640 | 6.00% | $24.60 |
| 2026-03-16 | 2026-03-31 | $0.1640 | 5.23% | $25.10 |
| 2026-02-13 | 2026-02-27 | $0.1640 | 4.57% | $25.13 |
| 2026-01-15 | 2026-01-30 | $0.1640 | 3.90% | $25.23 |
| 2025-12-15 | 2025-12-31 | $0.1640 | 3.28% | $25.00 |
| 2025-11-14 | 2025-11-28 | $0.1640 | 2.62% | $25.06 |
| 2025-10-15 | 2025-10-31 | $0.1640 | 1.95% | $25.17 |
| 2025-09-15 | 2025-09-30 | $0.1640 | 1.30% | $25.17 |
| 2025-08-15 | 2025-08-29 | $0.1640 | 0.65% | $25.10 |
About Sound Point Meridian Capital, Inc. (SPME) — Dividend Analysis 2026
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.
SPME Dividend & DRIP — Frequently Asked Questions
What is SPME's dividend yield?
SPME (Sound Point Meridian Capital, Inc.) has a dividend yield of 7.95%, based on an annual dividend of $1.97 per share and a price of $24.77. Over the last 12 months it paid $1.97 per share — a trailing yield of 7.95%. Dividends are paid monthly.
How much does $10,000 in SPME pay in dividends?
$10,000 in SPME at a 7.95% yield pays about $795 a year ($66 a month) before taxes. With DRIP, reinvested dividends buy more shares and that income compounds.
What is the DRIP rate for SPME?
With dividends reinvested, a SPME position grows its share count by about 7.95% in the first year at today's price and yield. If the yield stays near 7.95%, DRIP doubles your number of shares in about 10 years without adding new money.
How do I calculate SPME dividend reinvestment (DRIP) returns?
Enter your starting amount, monthly contribution and time horizon in the SPME DRIP calculator at the top of this page. It reinvests each payout into new shares at the projected price, grows the dividend at the rate you choose and shows yearly income, share count, portfolio value and yield on cost. You can switch DRIP off to compare.
When is SPME's next ex-dividend date?
SPME's next ex-dividend date is 2026-11-13. SPME pays dividends monthly. Buy before the ex-dividend date to receive the next payment.
What is SPME's dividend growth rate?
SPME's dividend changed 300.0% over the last year. It has less than five years of dividend history in our data, so there is no five-year growth rate yet.
Similar dividend stocks to SPME
Forward dividend yield from the latest data · open any DRIP calculator
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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🌍 SPME Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold SPME.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 7.95% | 5.15% | $795 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 6.76% | 3.96% | $676 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 6.36% | 3.56% | $636 / yr |
| 🇬🇧 UK ISA | 0% | 7.95% | 5.15% | $795 / yr |
| 🇬🇧 UK Taxable | 8.75% | 7.25% | 4.45% | $725 / yr |
| 🇨🇦 TFSA | 0% | 7.95% | 5.15% | $795 / yr |
| 🇨🇦 CA Taxable | 25% | 5.96% | 3.16% | $596 / yr |
| 🇦🇺 Super (pension) | 15% | 6.76% | 3.96% | $676 / yr |
| 🇦🇺 AU Taxable | 30% | 5.56% | 2.76% | $557 / yr |
| 🇩🇪 DE Taxable | 26.375% | 5.85% | 3.05% | $585 / yr |
| 🇫🇷 FR Taxable | 30% | 5.56% | 2.76% | $557 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 SPME Income Goal & Break-Even
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $1.97/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 SPME Dividend Payment Schedule
SPME pays every month — 12 payments per year.
📊 SPME vs Financial Services Benchmarks
How SPME compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for SPME sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ SPME Insider Activity
No recent SEC filings reported in the last 90 days.Peer Group
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Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the SPME dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
Sound Point Meridian Capital, Inc. (SPME) is currently trading at $24.77, trading near its 52-week high. The current dividend yield is 7.95% based on an annual payout of $1.97 per share.
SPME (Sound Point Meridian Capital, Inc.) — 7.95% Dividend Yield Analysis
Sound Point Meridian Capital, Inc. (SPME) is a financial services stock currently trading at $24.77 with a dividend yield of 7.95%. It pays an annual dividend of $1.97 per share.
- Above-average yield (7.95%) may signal elevated risk — verify sustainability.
Auto-generated from live market data. For educational purposes only — not financial advice.
Latest SPME News
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How investors use the SPME dividend calculator
Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.