SP

Sound Point Meridian Capital Inc

SPMC·NYSE

$11.65

+1.7%
Financial ServicesAsset Management

Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$239.26M
EPS0.0000
P/E Ratio
Earnings Date08/11/2026
0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Dividend Payout Ratio
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y+107506.0%
5Y+107506.0%
10Y+107506.0%
SP

Sound Point Meridian Capital Inc Dividend History

SPMC · NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

SPMC Dividend Payment History

SPMC · NYSE

Total Payments

27

Latest Dividend

$0.2000

Annual Amount

$2.9500

Frequency

Monthly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 20, 2026
Sep 15, 2026Sep 30, 2026
$0.2000
$0.2000
Monthly0.00%
May 20, 2026
Aug 14, 2026Aug 31, 2026
$0.2000
$0.2000
Monthly0.00%
May 20, 2026
Jul 15, 2026Jul 31, 2026
$0.2000
$0.2000
Monthly0.00%
Feb 11, 2026
Jun 15, 2026Jun 30, 2026
$0.2000
$0.2000
Monthly0.00%
Feb 11, 2026
May 15, 2026May 29, 2026
$0.2000
$0.2000
Monthly0.00%
Feb 11, 2026
Apr 15, 2026Apr 30, 2026
$0.2000
$0.2000
Monthly-20.00%
Nov 5, 2025
Mar 16, 2026Mar 31, 2026
$0.2500
$0.2500
Monthly0.00%
Nov 5, 2025
Feb 16, 2026Feb 27, 2026
$0.2500
$0.2500
Monthly0.00%
Nov 5, 2025
Jan 15, 2026Jan 30, 2026
$0.2500
$0.2500
Monthly0.00%
Aug 5, 2025
Dec 15, 2025Dec 31, 2025
$0.2500
$0.2500
Monthly0.00%
Aug 5, 2025
Nov 14, 2025Nov 28, 2025
$0.2500
$0.2500
Monthly0.00%
Aug 5, 2025
Oct 15, 2025Oct 31, 2025
$0.2500
$0.2500
Monthly0.00%
May 29, 2025
Sep 15, 2025Sep 30, 2025
$0.2500
$0.2500
Monthly0.00%
May 29, 2025
Aug 15, 2025Aug 29, 2025
$0.2500
$0.2500
Monthly0.00%
May 29, 2025
Jul 15, 2025Jul 31, 2025
$0.2500
$0.2500
Monthly0.00%
Feb 5, 2025
Jun 13, 2025Jun 30, 2025
$0.2500
$0.2500
Monthly0.00%
Feb 5, 2025
May 15, 2025May 30, 2025
$0.2500
$0.2500
Monthly0.00%
Feb 5, 2025
Apr 15, 2025Apr 30, 2025
$0.2500
$0.2500
Monthly+4.17%
Nov 7, 2024
Mar 14, 2025Mar 31, 2025
$0.2400
$0.2400
Monthly0.00%
Nov 7, 2024
Feb 14, 2025Feb 28, 2025
$0.2400
$0.2400
Monthly0.00%
Nov 7, 2024
Jan 15, 2025Jan 31, 2025
$0.2400
$0.2400
Monthly+9.09%
Aug 15, 2024
Dec 16, 2024Dec 31, 2024
$0.2200
$0.2200
Monthly0.00%
Aug 15, 2024
Nov 15, 2024Nov 29, 2024
$0.2200
$0.2200
Monthly0.00%
Aug 15, 2024
Oct 15, 2024Oct 31, 2024
$0.2200
$0.2200
Monthly+10.00%
Jun 27, 2024
Sep 16, 2024Sep 30, 2024
$0.2000
$0.2000
Monthly0.00%
Jun 27, 2024
Aug 15, 2024Aug 30, 2024
$0.2000
$0.2000
Monthly-33.33%
Jun 27, 2024
Jul 15, 2024Jul 31, 2024
$0.3000
$0.3000
Quarterly-
s

Sound Point Meridian Capital Inc Payout Ratio Analysis

SPMC · NYSE
Dividends Paid
-57.83M
2026
Net Income
-126.23M
2026
Payout Ratio
-45.82%
2026

Dividend Sustainability Analysis

Payout Ratio
-45.82%

Negative payout ratio indicates the company is either not paying dividends or has negative earnings. Not a dividend-paying stock currently.

FCF Payout Ratio
859.4%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
-45.5%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.