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MBIN Merchants Bancorp dividend history, payout ratio & dates

Merchants Bancorp's most recent quarterly dividend payment of $0.07 per share was made to shareholders on record before Sep 14, 2022. The payout stands at $0.3 per share annually, which works out to a dividend yield of 1.3%.

Key dates

  • MBIN last dividend date: Sep 14, 2022
  • MBIN next dividend date: Not announced
MBIN dividend stats
DPS
$0.3
Dividend yield
1.28%
Payout ratio
6.6%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Merchants Bancorp current dividend yield

Merchants Bancorp's dividend yield of 1.3% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.95%, Merchants Bancorp's dividend yield is 56% lower. Historically MBIN's dividend yield has averaged at 1.3% in the last 5 years, which is in line with the current one.

Dividend history

What is MBIN dividend payout history and dates

Merchants Bancorp has been paying dividends for the last five years. According to our data MBIN has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 14% for the last year. However since the stock price has gone down by 43% from a year ago, the dividend yield has increased by 51%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 14, 2022 Oct 3, 2022 Aug 18, 2022 $0.07 normal
Jun 14, 2022 Jul 1, 2022 May 19, 2022 $0.07 normal
Mar 14, 2022 Apr 1, 2022 Feb 17, 2022 $0.07 normal
Dec 14, 2021 Jan 3, 2022 Nov 17, 2021 $0.09 normal
Sep 14, 2021 Oct 1, 2021 Aug 19, 2021 $0.09 normal
Jun 14, 2021 Jul 1, 2021 May 20, 2021 $0.09 normal
Mar 12, 2021 Apr 1, 2021 Feb 18, 2021 $0.09 normal
Dec 14, 2020 Jan 4, 2021 Nov 18, 2020 $0.08 normal
Sep 14, 2020 Oct 1, 2020 Aug 20, 2020 $0.08 normal
Jun 12, 2020 Jul 1, 2020 May 21, 2020 $0.08 normal
Mar 12, 2020 Apr 1, 2020 Feb 20, 2020 $0.08 normal
Dec 12, 2019 Jan 2, 2020 Nov 20, 2019 $0.07 normal
Sep 12, 2019 Sep 30, 2019 Aug 15, 2019 $0.07 normal
Jun 13, 2019 Jul 1, 2019 May 16, 2019 $0.07 normal
Mar 14, 2019 Apr 1, 2019 Feb 21, 2019 $0.07 normal
Dec 13, 2018 Dec 31, 2018 Nov 14, 2018 $0.06 normal
Sep 13, 2018 Oct 1, 2018 Aug 16, 2018 $0.06 normal
Jun 14, 2018 Jul 2, 2018 Jun 5, 2018 $0.06 normal
Mar 14, 2018 Apr 2, 2018 Feb 22, 2018 $0.06 normal
Dec 14, 2017 Jan 2, 2018 Nov 18, 2017 $0.05 normal

Merchants Bancorp dividend payout ratio

What is Merchants Bancorp dividend payout ratio compared to the sector

Payout ratio

Merchants Bancorp's payout ratio of 6.6% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 30.2%, Merchants Bancorp's payout ratio is 78% lower.

Total amount of dividends paid per financial year (from cash flow)

MBIN dividend vs peer dividends

How does MBIN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NBTB Nbt Bancorp Inc 2.96% $1.14 32.5%
NBHC National Bank Holdings Corp 2.43% $0.91 34.1%
MBIN Merchants Bancorp 1.28% $0.3 6.6%

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 is Merchants Bancorp's next dividend?

Currently MBIN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.

When was MBIN's last dividend?

Merchants Bancorp's last dividend ex-date was on Sep 14, 2022. The dividend amount was $0.07 per share.

How much dividend does Merchants Bancorp pay (per share)?

On an annual basis MBIN pays $0.3 per share.

What is Merchants Bancorp's dividend yield?

The current dividend yield of Merchants Bancorp is 1.3%.

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 6.6%.

Does Merchants Bancorp pay a good dividend?

Merchants Bancorp's dividend yield is less than the Financial Services sector average.