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Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

Merchants Bancorp Dividend Announcement

Merchants Bancorp announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-13
Merchants Bancorp annual dividend for 2024 was $0.27
Merchants Bancorp annual dividend for 2023 was $0.32
Merchants Bancorp's trailing twelve-month (TTM) dividend yield is 0.8%
Merchants Bancorp's payout ratio for the trailing twelve months (TTM) is 15.10%
Merchants Bancorp's dividend growth over the last five years (2018-2023) was 5.92% year

Merchants Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13$0.09quarterly2024-10-01
2024-06-14$0.09quarterly2024-07-01
2024-03-14$0.09quarterly2024-04-01
2023-12-14$0.08quarterly2024-01-02
2023-09-14$0.08quarterly2023-10-02
2023-06-14$0.08quarterly2023-07-03
2023-03-14$0.08quarterly2023-04-03
2022-12-14$0.07quarterly2023-01-03
2022-09-14$0.07quarterly2022-10-03
2022-06-14$0.07quarterly2022-07-01
2022-03-14$0.07quarterly2022-04-01
2021-12-14$0.09quarterly2022-01-03
2021-09-14$0.09quarterly2021-10-01
2021-06-14$0.09quarterly2021-07-01
2021-03-12$0.09quarterly2021-04-01
2020-12-14$0.08quarterly2021-01-04
2020-09-14$0.08quarterly2020-10-01
2020-06-12$0.08quarterly2020-07-01
2020-03-12$0.08quarterly2020-04-01
2019-12-12$0.07quarterly2020-01-02
2019-09-12$0.07quarterly2019-09-30
2019-06-13$0.07quarterly2019-07-01
2019-03-14$0.07quarterly2019-04-01
2018-12-13$0.06quarterly2018-12-31
2018-09-13$0.06quarterly2018-10-01
2018-06-14$0.06quarterly2018-07-02
2018-03-14$0.06quarterly2018-04-02
2017-12-14$0.05quarterly2018-01-02

Merchants Bancorp Dividend per year

Merchants Bancorp Dividend growth

Merchants Bancorp Dividend Yield

Merchants Bancorp current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Merchants Bancorp stock? Use our calculator to estimate your expected dividend yield:

Merchants Bancorp Financial Ratios

P/E ratio6.08
PEG ratio0.11
P/B ratio1.04
ROE18.43%
Payout ratio15.10%
Current ratio0.07
Quick ratio1.03
Cash Ratio0.04

Merchants Bancorp Dividend FAQ

How much is the next Merchants Bancorp dividend?
Merchants Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Merchants Bancorp dividend. The next Merchants Bancorp dividend will be released in March, June, September, or December.
When is Merchants Bancorp dividend paid?
Merchants Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Merchants Bancorp pay?
The specific amount of Merchants Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Merchants Bancorp's dividend history.
Does Merchants Bancorp stock pay dividends?
Yes, Merchants Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Merchants Bancorp's dividend history.
How much dividend does Merchants Bancorp pay?
Merchants Bancorp paid $0.27 in 2024, $0.32 in 2023, $0.28 in 2022, $0.36 in 2021, and $0.32 in 2020.
How often does Merchants Bancorp pay dividends?
Merchants Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Merchants Bancorp's dividend yield?
The current dividend yield for Merchants Bancorp is 0.8%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Merchants Bancorp's exact dividend yield.
When does Merchants Bancorp go ex dividend?
Merchants Bancorp's ex-dividend date for the latest dividend was on 2024-09-13. Merchants Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Merchants Bancorp dividend paid?
Merchants Bancorp pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Merchants Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Merchants Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Merchants Bancorp dividend per share?
Merchants Bancorp paid $0.27 per share in 2024 and $0.32 per share in 2023. The amount of dividend per share that Merchants Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Merchants Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Merchants Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Merchants Bancorp a dividend stock?
Yes, Merchants Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Merchants Bancorp a good dividend stock?
Whether Merchants Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Merchants Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Merchants Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Merchants Bancorp pay dividends monthly?
Merchants Bancorp typically pays dividends on a quarterly basis.
Does Merchants Bancorp pay dividends quarterly?
Merchants Bancorp currently pays dividends on a quarterly basis.
Has Merchants Bancorp ever paid a dividend?
Yes, Merchants Bancorp has a history of paying dividends to its shareholders. Merchants Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Merchants Bancorp dividend stocks?
To buy Merchants Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Merchants Bancorp stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Merchants Bancorp pay dividends 2024?
Merchants Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Merchants Bancorp increase its dividend in 2024?
Decisions regarding Merchants Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Merchants Bancorp dividend overview you can look into the above table of dividend history.
How Merchants Bancorp dividend works?
The Merchants Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Merchants Bancorp's dividend process works:

1. Determination of Dividend: Merchants Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Merchants Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Merchants Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Merchants Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Merchants Bancorp dividends paid?
Merchants Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Merchants Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Merchants Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Merchants Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Merchants Bancorp pay dividends?
Merchants Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Merchants Bancorp pay dividends?
The general pattern is that Merchants Bancorp pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Merchants Bancorp dividend safe?
The safety of Merchants Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Merchants Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Merchants Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.