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 2025-01-02. Ex dividend date: 2024-12-13
• Merchants Bancorp annual dividend for 2024 was $0.36
• Merchants Bancorp annual dividend for 2023 was $0.32
• Merchants Bancorp's trailing twelve-month (TTM) dividend yield is 0.85%
• Merchants Bancorp's payout ratio for the trailing twelve months (TTM) is 16.03%
• Merchants Bancorp's dividend growth over the last five years (2018-2023) was 5.92% year
Merchants Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.09 | quarterly | 2025-01-02 |
2024-09-13 | $0.09 | quarterly | 2024-10-01 |
2024-06-14 | $0.09 | quarterly | 2024-07-01 |
2024-03-14 | $0.09 | quarterly | 2024-04-01 |
2023-12-14 | $0.08 | quarterly | 2024-01-02 |
2023-09-14 | $0.08 | quarterly | 2023-10-02 |
2023-06-14 | $0.08 | quarterly | 2023-07-03 |
2023-03-14 | $0.08 | quarterly | 2023-04-03 |
2022-12-14 | $0.07 | quarterly | 2023-01-03 |
2022-09-14 | $0.07 | quarterly | 2022-10-03 |
2022-06-14 | $0.07 | quarterly | 2022-07-01 |
2022-03-14 | $0.07 | quarterly | 2022-04-01 |
2021-12-14 | $0.09 | quarterly | 2022-01-03 |
2021-09-14 | $0.09 | quarterly | 2021-10-01 |
2021-06-14 | $0.09 | quarterly | 2021-07-01 |
2021-03-12 | $0.09 | quarterly | 2021-04-01 |
2020-12-14 | $0.08 | quarterly | 2021-01-04 |
2020-09-14 | $0.08 | quarterly | 2020-10-01 |
2020-06-12 | $0.08 | quarterly | 2020-07-01 |
2020-03-12 | $0.08 | quarterly | 2020-04-01 |
2019-12-12 | $0.07 | quarterly | 2020-01-02 |
2019-09-12 | $0.07 | quarterly | 2019-09-30 |
2019-06-13 | $0.07 | quarterly | 2019-07-01 |
2019-03-14 | $0.07 | quarterly | 2019-04-01 |
2018-12-13 | $0.06 | quarterly | 2018-12-31 |
2018-09-13 | $0.06 | quarterly | 2018-10-01 |
2018-06-14 | $0.06 | quarterly | 2018-07-02 |
2018-03-14 | $0.06 | quarterly | 2018-04-02 |
2017-12-14 | $0.05 | quarterly | 2018-01-02 |
Merchants Bancorp Dividend per year
Merchants Bancorp Dividend growth
Merchants Bancorp Dividend Yield
Merchants Bancorp current trailing twelve-month (TTM) dividend yield is 0.85%. Interested in purchasing Merchants Bancorp stock? Use our calculator to estimate your expected dividend yield:
Merchants Bancorp Financial Ratios
Merchants Bancorp Dividend FAQ
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.
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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.
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.
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.