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) Dividend History
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.
Dividend History
| Pay Date | Amount | Ex Dividend Date | Record Date |
|---|---|---|---|
| July 01, 2025 | $0.48 | 06/13/2025 | 06/13/2025 |
| April 01, 2025 | $0.48 | 03/14/2025 | 03/14/2025 |
| January 02, 2025 | $0.20 | 12/13/2024 | 12/13/2024 |
Dividends Summary
- 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 paid 3 dividends to date
- The most recent dividend was paid 67 days ago, on April 1, 2025
- The first recorded dividend was paid on January 2, 2025
- The highest dividend payout was $0.48 per share
- The average dividend over this 0 year span is $0.38 per share
- 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 increased its dividend payments by 143.11% since 2025