Merchants Bancorp (MBIN) Raises Quarterly Dividend 16.7% to $0.07; 0.9% Yield

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Go back to Merchants Bancorp (MBIN) Raises Quarterly Dividend 16.7% to $0.07; 0.9% Yield

Merchants Bancorp Increases Quarterly Common Dividend by 17%; Declares Quarterly Common and Preferred Dividends

February 17, 2022 4:05 PM EST

CARMEL, Ind., Feb. 17, 2022 /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 2022, in each case to shareholders of record on March 15, 2022, payable on April 1, 2022:

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