MUB Dividend History & Yield Analysis

MUB has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
3.23%
Forward yield
3.25%
Dividend per share (TTM)
$3.41
Annualized rate
$3.43
Payout frequency
Monthly
Last payment
$0.2860
5-year dividend CAGR
5.97%
Consecutive growth years
4

Yields calculated against a market price of $105.56.

Annual Dividend History

  • 2026$2.28
  • 2025$3.35
  • 2024$3.19
  • 2023$2.83
  • 2022$2.18
  • 2021$2.12
  • 2020$2.51
  • 2019$2.76
  • 2018$2.66
  • 2017$2.45
  • 2016$2.47
  • 2015$2.77
  • 2014$3.07
  • 2013$3.10
  • 2012$2.97
  • 2011$3.62
  • 2010$3.76
  • 2009$3.81
  • 2008$3.40
  • 2007$0.8850

MUB Payout History & Ex-Dividend Dates

MUB dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-08-012026-08-03$0.2860
2026-07-012026-07-01$0.2890
2026-06-012026-06-01$0.2800
2026-05-012026-05-01$0.2890
2026-04-012026-04-01$0.2820
2026-03-012026-03-02$0.2920
2026-02-012026-02-02$0.2790
2026-01-012025-12-19$0.2850
2025-12-012025-12-01$0.2880
2025-11-012025-11-03$0.2750
2025-10-012025-10-01$0.2870
2025-09-012025-09-02$0.2800
2025-08-012025-08-01$0.2780
2025-07-012025-07-01$0.2810
2025-06-012025-06-02$0.2750
2025-05-012025-05-01$0.2850
2025-04-012025-04-01$0.2770
2025-03-012025-03-03$0.2820
2025-02-012025-02-03$0.2710
2025-01-012024-12-18$0.2720
2024-12-012024-12-02$0.2700
2024-11-012024-11-01$0.2680
2024-10-012024-10-01$0.2760
2024-09-012024-09-03$0.2680
2024-08-012024-08-01$0.2640
2024-07-012024-07-01$0.2600
2024-06-012024-06-03$0.2780
2024-05-012024-05-01$0.2610
2024-04-012024-04-01$0.2600
2024-03-012024-03-01$0.2680
2024-02-012024-02-01$0.2580
2024-01-012023-12-14$0.2540
2023-12-012023-12-01$0.2510
2023-11-012023-11-01$0.2520
2023-10-012023-10-02$0.2420
2023-09-012023-09-01$0.2340
2023-08-012023-08-01$0.2360
2023-07-012023-07-03$0.2400
2023-06-012023-06-01$0.2310
2023-05-012023-05-01$0.2340
2023-04-012023-04-03$0.2280
2023-03-012023-03-01$0.2430
2023-02-012023-02-01$0.2240
2023-01-012022-12-15$0.2120
2022-12-012022-12-01$0.2110
2022-11-012022-11-01$0.1980
2022-10-012022-10-03$0.2020
2022-09-012022-09-01$0.1990
2022-08-012022-08-01$0.1860
2022-07-012022-07-01$0.1860
2022-06-012022-06-01$0.1620
2022-05-012022-05-02$0.1720
2022-04-012022-04-01$0.1650
2022-03-012022-03-01$0.1740
2022-02-012022-02-01$0.1580
2022-01-012021-12-16$0.1630
2021-12-012021-12-01$0.1690
2021-11-012021-11-01$0.1610
2021-10-012021-10-01$0.1740
2021-09-012021-09-01$0.1650

Does MUB pay dividends?

Yes. MUB pays on a monthly schedule, most recently $0.2860 per share with an ex-dividend date of 2026-08-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the MUB yield is calculated

The trailing yield divides the last twelve months of dividends per share ($3.41) by the latest market price. The forward yield annualizes the most recent payment across 12 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the MUB DCF fair value page for the cash flow behind it.