MBIN Merchants Bancorp dividend history, payout ratio & dates
- Stocks
- Financial Services
- NASDAQ: MBIN
- Dividend
Merchants Bancorp's most recent dividend payment of $0.1 per share was made to shareholders on record before Mar 14, 2025. The payout stands at $0.37 per share annually, which works out to a dividend yield of 1.23%. The latest MBIN stock dividend of $0.1 is an increase from the previous $0.09 distribution, representing a growth of 11%.
Key dates
- MBIN last dividend date: Mar 14, 2025
MBIN dividend stats
vs. Financial Services sector
Dividend yield
Merchants Bancorp's dividend yield of 1.23% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.14%, Merchants Bancorp's dividend yield is 61% lower. Historically MBIN's dividend yield has averaged at 1.0% in the last 5 years, which is less than the current one.
Dividend history
Merchants Bancorp has been paying dividends for the last eight years. According to our data MBIN has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 12% for the last year. And since the stock price has gone down by 36% from a year ago, the dividend yield has increased by 75%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Mar 14, 2025 | $0.1 | 0.98% |
| Dec 13, 2024 | $0.09 | 0.94% |
| 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 5.9% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 44.1%, Merchants Bancorp's payout ratio is 87% 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 | 5.78% | $1.51 | 121.8% |
| NRIM Northrim Bancorp Inc | 2.96% | $2.49 | 32.6% |
| MBIN Merchants Bancorp | 1.18% | $0.37 | 5.9% |
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 Mar 14, 2025. The dividend amount was $0.1 per share.
How much dividend does Merchants Bancorp pay (per share)?
On an annual basis MBIN pays $0.37 per share.
What is Merchants Bancorp's dividend yield?
The current dividend yield of Merchants Bancorp is 1.23%.
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 5.9%.
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.