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
MBINLMerchants 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.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 2, 2026 | $0.48 | 2025-12-15 | 2025-12-15 |
| October 1, 2025 | $0.48 | 2025-09-15 | 2025-09-15 |
| July 1, 2025 | $0.48 | 2025-06-13 | 2025-06-13 |
| April 1, 2025 | $0.48 | 2025-03-14 | 2025-03-14 |
| January 2, 2025 | $0.20 | 2024-12-13 | 2024-12-13 |
Dividends Summary
- Consistent Payer: 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 has rewarded shareholders with 5 dividend payments over the past 1 years.
- Total Returned Value: Investors who held MBINL shares during this period received a total of $2.10 per share in dividend income.
- Latest Payout: The most recent dividend of $0.48/share was paid 21 days ago, on January 2, 2026.
- Yield & Schedule: MBINL currently pays dividends quarterly with an annual yield of 7.91%.
- Dividend Growth: Since 2025, the dividend payout has grown by 143.1%, from $0.20 to $0.48.
- Dividend Reliability: MBINL has maintained or increased its dividend for 5 consecutive payments.
Company News
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 released its financial results for the third quarter of 2025, providing insights into the company's performance during the period.
Merchants Bancorp announced quarterly cash dividends for Q3 2025, including dividends for common stock and multiple series of preferred stock, payable on October 1, 2025 to shareholders of record on September 15, 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.
Merchants Bancorp, the parent company of Merchants Bank of Indiana, announced an 11% increase in its quarterly common dividend and declared quarterly dividends for its common and preferred stock.
