Merchants Bancorp (MBIN) Raises Quarterly Dividend 20% to $0.06; 1.2% Yield
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Merchants Bancorp (NASDAQ: MBIN) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 20% increase from the prior dividend of $0.05.
The dividend will be payable on April 2, 2018, to stockholders of record on March 15, 2018, with an ex-dividend date of March 14, 2018.
The annual yield on the dividend is 1.2 percent.
For a dividend history and other dividend-related data on Merchants Bancorp (MBIN) click here.
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