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
Investors can expect a dividend payout of $0.48 per share, scheduled to be distributed in 25 days on January 2, 2026
| 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
- 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 issued 5 dividend payments over the past 1 years
- The most recent dividend was paid 68 days ago, on October 1, 2025
- The highest dividend payed out to investors during this period was $0.48 per share
- The average dividend paid during this period was $0.42 per share.
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.
Law firm Johnson Fistel is investigating potential securities law violations by Merchants Bancorp, encouraging shareholders who suffered investment losses to participate in their investigation.



