Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock (MBINM) Dividend History
Merchants Bancorp Depositary Shares (MBINM) represent a fractional interest in the company's Series D Non-Cumulative Perpetual Preferred Stock, which offers an 8.25% fixed-rate dividend. These depositary shares are traded as securities that provide investors with a way to gain preferred equity exposure, featuring fixed dividends and perpetual tenure, but without voting rights.
410 Monon Blvd, Carmel, IN, 46032
Phone: (317) 569-7420
Website: https://www.merchantsbankofindiana.com
Phone: (317) 569-7420
Website: https://www.merchantsbankofindiana.com
Dividend History
| Pay Date | Amount | Ex Dividend Date | Record Date |
|---|---|---|---|
| July 01, 2025 | $0.52 | 06/13/2025 | 06/13/2025 |
| April 01, 2025 | $0.52 | 03/14/2025 | 03/14/2025 |
| January 02, 2025 | $0.52 | 12/13/2024 | 12/13/2024 |
| October 01, 2024 | $0.52 | 09/13/2024 | 09/13/2024 |
| July 01, 2024 | $0.52 | 06/14/2024 | 06/14/2024 |
Show more
Dividends Summary
- Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock has issued 11 dividend payments over the past 2 years
- The most recent dividend was paid 67 days ago, on April 1, 2025
- The first recorded dividend was paid on January 3, 2023
- The highest dividend payout was $0.54 per share
- The average dividend over this 2 year span is $0.52 per share
- Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock has decreased its dividend payments by 4.25% since 2023
Company News
-
GlobeNewswire Inc.