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.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| 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 4 dividend payments over the past 0 years
- The most recent dividend was paid 23 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 $0.41 per share.
Company News
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.