Sound Point Meridian Capital Inc (SPMC) has announced a cash dividend of $0.250 per share, with the ex-dividend date set for Oct 15, 2025. The dividend was declared on Aug 5, 2025, and will be distributed on Oct 31, 2025. This payout is slightly higher than the average of the last 10 dividend amounts, which stood at $0.2387 per share, indicating a modest increase in the company’s dividend policy. The firm’s most recent dividend was also $0.250 per share, issued on Sep 30, 2025, and similarly classified as a cash dividend, reflecting consistency in its payout strategy. Investors should note that Oct 15, 2025, is the final day to purchase shares of
and qualify for this dividend; any transactions executed after this date will not be eligible for the distribution.
Over the past week, SPMC has experienced mixed signals in the market. The stock recently closed at $17.40 on Oct 9, 2025, down 1.92% from its previous close, continuing a four-day downward trend. Analysts have maintained a “Buy” rating with a $20.00 price target, though technical indicators suggest a bearish short-term outlook, with expectations of a further decline of approximately 3.38% over the next three months. Recent performance has been volatile, with daily fluctuations reaching 2.25% and trading volume dropping to 8,003 shares on the last trading day. Despite this, the stock remains within a controlled range, with support levels identified around $17.35.
As of late, SPMC has also reported stable Q3 2025 performance, with preliminary unaudited net asset value estimates published in mid-October. These figures, though not yet finalized, have been interpreted as positive by some market observers. However, recent equity distribution news has introduced additional uncertainty, particularly as the ex-dividend date approaches. The market response to the dividend announcement has been muted, with investors closely monitoring the stock’s behavior in anticipation of potential price adjustments on Oct 15.
In summary, while SPMC has demonstrated consistent dividend payments and maintained a stable operating performance, its stock has shown signs of short-term weakness amid mixed technical and fundamental signals. The ex-dividend date of Oct 15, 2025, marks a critical point for investors seeking to participate in the upcoming cash distribution, as any purchases made after this date will not grant eligibility for the dividend.
Comments
No comments yet