Merchants Bancorp (MBIN) Raises Quarterly Dividend 12.5% to $0.09; 1.1% Yield

Merchants Bancorp (NASDAQ: MBIN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. This is a 12.5% increase from the prior dividend of $0.08.

The dividend will be payable on April 1, 2021, to stockholders of record on March 15, 2021, with an ex-dividend date of March 12, 2021.

The annual yield on the dividend is 1.1 percent.

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

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