Merchants Bancorp Depositary Shares, Each Representing a 1/40thInterest in a Share of 7.25% Fixed Rate Series E Non-CumulativePerpetual Preferred Stock, without par value

MBINL

Merchants Bancorp Depositary Shares (MBINL) represent a fractional interest in a share of the company's 7.25% fixed rate Series E non-cumulative perpetual preferred stock. These depositary shares provide investors with a fixed dividend income and priority over common stockholders for dividends and liquidation rights, reflecting the company's capital structure designed to support its financial stability and growth.

$22.96 -0.23 (-1.00%)
Dividend Yield 8.3%
Payout Frequency Quarterly

Dividend History

🎉 Upcoming Dividend

Investors can expect a dividend payout of $0.48 per share, scheduled to be distributed in 25 days on January 2, 2026

Pay DateAmountEx-DateRecord Date
January 2, 2026$0.482025-12-152025-12-15
October 1, 2025$0.482025-09-152025-09-15
July 1, 2025$0.482025-06-132025-06-13
April 1, 2025$0.482025-03-142025-03-14
January 2, 2025$0.202024-12-132024-12-13

Dividends Summary

Company News

Merchants Bancorp Declares Quarterly Common and Preferred Dividends
Benzinga • Prnewswire • November 19, 2025

Merchants Bancorp announced quarterly cash dividends for Q4 2025, including dividends for common stock and multiple series of preferred stock, payable on January 2, 2026 to shareholders of record on December 15, 2025.

Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses
GlobeNewswire Inc. • Johnson Fistel, Pllp • August 20, 2025

Law firm Johnson Fistel is investigating potential securities law violations by Merchants Bancorp, encouraging shareholders who suffered investment losses to participate in their investigation.

Related Companies