Merchants Bancorp (MBIN) Raises Quarterly Dividend 14.3% to $0.08; 1.5% Yield

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Merchants Bancorp Increases Quarterly Common Dividend by 14%; Declares Quarterly Common and Preferred Dividends

February 20, 2020 4:05 PM EST

CARMEL, Ind., Feb. 20, 2020 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the first quarter of 2020, in each case to shareholders of record on March 13, 2020, payable on April 1,... More