MBIN Merchants Bancorp dividend history, payout ratio & dates
Merchants Bancorp's most recent dividend payment of $0.09 per share was made to shareholders on record before Sep 13, 2024. The payout stands at $0.35 per share annually, which works out to a dividend yield of 0.97%.
Key dates
- MBIN last dividend date: Sep 13, 2024
MBIN dividend stats
vs. Financial Services sector
Dividend yield
Merchants Bancorp's dividend yield of 0.97% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.78%, Merchants Bancorp's dividend yield is 65% lower. Historically MBIN's dividend yield has averaged at 1.1% in the last 5 years, which is more than the current one.
Dividend history
Merchants Bancorp has been paying dividends for the last seven years. According to our data MBIN has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 13% for the last year. However since the stock price has gone up by 23% from a year ago, the dividend yield has decreased by 8%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.09 | 0.8% |
| Jun 14, 2024 | $0.09 | 0.87% |
| Mar 14, 2024 | $0.09 | 0.81% |
| Dec 14, 2023 | $0.08 | 0.8% |
| Sep 14, 2023 | $0.08 | 1.09% |
| Jun 14, 2023 | $0.08 | 1.12% |
| Mar 14, 2023 | $0.08 | 1.1% |
| Dec 14, 2022 | $0.07 | 1.13% |
| Sep 14, 2022 | $0.07 | 1.08% |
| Jun 14, 2022 | $0.07 | 1.11% |
| Mar 14, 2022 | $0.07 | 0.89% |
| Dec 14, 2021 | $0.06 | 0.82% |
| Sep 14, 2021 | $0.06 | 0.97% |
| Jun 14, 2021 | $0.06 | 0.83% |
| Mar 12, 2021 | $0.06 | 0.76% |
| Dec 14, 2020 | $0.053 | 1.15% |
| Sep 14, 2020 | $0.053 | 1.51% |
| Jun 12, 2020 | $0.053 | 1.82% |
| Mar 12, 2020 | $0.053 | 2.04% |
| Dec 12, 2019 | $0.047 | 1.5% |
| Sep 12, 2019 | $0.047 | 1.68% |
| Jun 13, 2019 | $0.047 | 1.57% |
| Mar 14, 2019 | $0.047 | 1.24% |
| Dec 13, 2018 | $0.04 | 1.14% |
| Sep 13, 2018 | $0.04 | 0.83% |
| Jun 14, 2018 | $0.04 | 0.61% |
| Mar 14, 2018 | $0.04 | 0.49% |
| Dec 14, 2017 | $0.033 | 0.24% |
Merchants Bancorp dividend payout ratio
Payout ratio
Merchants Bancorp's payout ratio of 5.3% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 43.2%, Merchants Bancorp's payout ratio is 88% lower.
Total amount of dividends paid per financial year (from cash flow)
MBIN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.05% | $1.51 | 97.4% |
| NRIM Northrim Bancorp Inc | 3.6% | $2.44 | 41.9% |
| MBIN Merchants Bancorp | 0.96% | $0.35 | 5.3% |
Frequently asked questions
Does Merchants Bancorp pay a dividend?
Yes, Merchants Bancorp has paid four dividends in the last 12 months. MBIN has been paying dividends since 2017.
When was MBIN's last dividend?
Merchants Bancorp's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.09 per share.
How much dividend does Merchants Bancorp pay (per share)?
On an annual basis MBIN pays $0.35 per share.
What is Merchants Bancorp's dividend yield?
The current dividend yield of Merchants Bancorp is 0.97%.
How often does Merchants Bancorp pay dividends?
Merchants Bancorp pays dividends quarterly.
What is Merchants Bancorp's dividend payout ratio?
The dividend payout ratio of Merchants Bancorp is 5.3%.
Does Merchants Bancorp pay a good dividend?
Merchants Bancorp's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.