Merchants Bancorp (MBIN) Raises Quarterly Dividend 16.7% to $0.07; 1.3% Yield

Merchants Bancorp (NASDAQ: MBIN) declared a quarterly dividend of $0.07 per share, or $0.28 annualized. This is a 16.7% increase from the prior dividend of $0.06.

The dividend will be payable on April 1, 2019, to stockholders of record on March 15, 2019, with an ex-dividend date of March 14, 2019.

The annual yield on the dividend is 1.3 percent.

For a dividend history and other dividend-related data on Merchants Bancorp (MBIN) click here.

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