Merchants Bancorp (MBIN)

• Merchants Bancorp (MBIN) currently pays a dividend of $0.09 per share with annual dividend yield of 0.97% and price-to-earnings ratio of 7.1448.
• Merchants Bancorp (MBIN) pays out a dividend four times per year. Quarterly payment frequency should be carefully considered as it can affect investors’ investment strategy.
• Merchants Bancorp (MBIN) most recent ex-dividend date occurred on September 13, 2024 with dividend payment of $0.09 per share received on October 01, 2024. Shareholders eligible for this dividend payment owned MBIN stock before or on this ex-dividend date.

Table below shows the detailed dividend history of Merchants Bancorp Stock (MBIN). In 2024, the first Merchants Bancorp’s dividend date was on March 14, 2024 with a dividend of $0.09 per share, representing a 12.50% increase from $0.08 per share on December 14, 2023. This rise in MBIN’s dividend pay out can signal a positive financial performance of the company; however, further research should be conducted to understand the company’s change in dividend payment. We recommend investors to review dividend dates and payments carefully with the aim to gain insights on the company’s strategy.