T. Rowe Price Maryland Municipal Bond (MDXBX) Dividend
T. Rowe Price Maryland Municipal Bond (MDXBX) currently pays a dividend yield of 3.70%, distributing $0.36 per share annually ($0.03 per month). The company operates in the Diversified Fund sector.
MDXBX has raised its dividend for 4 consecutive years.
MDXBX dividend at a glance
| Dividend Yield | 3.70% |
|---|---|
| Annual Dividend | $0.36 per share |
| Per Payment | $0.03 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | November 30, 2026 |
| Next Payment Date | December 2, 2026 |
| Consecutive Years of Dividend Growth | 4 |
| Sector | Diversified Fund |
| Implied Share Price (from yield) | $9.81 |
What MDXBX pays on a $10,000 investment
At a 3.70% yield, $10,000 invested in MDXBX generates about $370.00 per year, or roughly $30.83 every month. Share counts below use an implied price of $9.81, derived from the $0.36 annual dividend and the 3.70% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 101.9 | $37.00 | $3.08 |
| $5,000 | 509.6 | $185.00 | $15.42 |
| $10,000 | 1,019.3 | $370.00 | $30.83 |
| $25,000 | 2,548.2 | $925.00 | $77.08 |
| $100,000 | 10,192.8 | $3,700.00 | $308.33 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.
MDXBX dividend payment schedule
MDXBX pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is November 30, 2026, with payment on December 2, 2026. Later rows are projected forward at the same interval and will shift when T. Rowe Price Maryland Municipal Bond declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 30, 2026 | December 2, 2026 | $0.03 | Confirmed |
| December 30, 2026 | January 1, 2027 | $0.03 | Projected |
| January 30, 2027 | February 1, 2027 | $0.03 | Projected |
| March 2, 2027 | March 4, 2027 | $0.03 | Projected |
| March 30, 2027 | April 1, 2027 | $0.03 | Projected |
| April 30, 2027 | May 2, 2027 | $0.03 | Projected |
To collect a MDXBX dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How MDXBX's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.71%. MDXBX's 3.70% is almost exactly in line with that median, ranking 501st of 1000 by yield.
Within Diversified Fund, where we track 228 names, the median yield is 3.78% — putting MDXBX below its sector.
Its 4-year run of dividend increases ranks 273rd out of the 546 names in our data with an active growth streak.
What the numbers mean
MDXBX pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
MDXBX dividend FAQ
When is the next MDXBX ex-dividend date?
The next MDXBX ex-dividend date is November 30, 2026, with the payment scheduled for December 2, 2026. You must own shares before the ex-dividend date to receive that payment.
What is MDXBX's dividend yield?
MDXBX currently yields 3.70%, based on $0.36 in dividends per share over the past year.
How often does MDXBX pay dividends?
MDXBX pays monthly, which works out to 12 payments per year of about $0.03 per share.
How much dividend income would $10,000 of MDXBX generate?
At the current 3.70% yield, $10,000 invested in MDXBX would produce roughly $370.00 per year, or about $30.83 per month, before taxes and assuming the dividend holds.
Has MDXBX increased its dividend?
Yes — MDXBX has raised its dividend for 4 consecutive years.
MDXBX dividend history
DivTrkr holds 484 recorded MDXBX dividend payments going back to 1987, with 4 consecutive complete years of increases and +3.0% a year of growth over the last five complete years. See the full MDXBX dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Diversified Fund dividend payers
- HOOW — Roundhill HOOD WeeklyPay ETF dividend (106.59%)
- INYY — Yieldmax Intc Option Income Strategy ETF dividend (100.59%)
- MAAY — GraniteShares YieldBOOST MARA ETF dividend (99.47%)
- RTYY — GraniteShares YieldBOOST RIOT ETF dividend (94.85%)
- COIW — Roundhill COIN WeeklyPay ETF dividend (92.12%)
- CWY — GraniteShares YieldBOOST CRWV ETF dividend (85.35%)
- MARO — YieldMax MARA Option Income Strategy ETF dividend (84.38%)
- SMCY — YieldMax SMCI Option Income Str dividend (82.20%)
Similar yields to MDXBX
- SCHO — Schwab Short-Term U.S. Treasury ETF dividend (3.71%)
- USFR — WisdomTree Floating Rate Treasury Fund dividend (3.71%)
- SCMB — Schwab Municipal Bond ETF dividend (3.69%)
- GWRS — Global Water Resources, Inc. dividend (3.68%)
- AMT — American Tower dividend (3.67%)
- OMC — Omnicom Group Inc. dividend (3.66%)
Track MDXBX dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.