company-logo

Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and families, and companies in the United States. It offers checking, savings, certificates of deposit, and individual retirement accounts; and debit, gift, travel, and credit cards. The company also provides personal loans for cars and autos, boats, trailers, motorcycles, tractors, or RVs; furniture or appliances; debt consolidation services; mortgage, construction, home equity, term, commercial and residential real estate, equipment finance, floor plan, fleet/truck, small business, farming/start-up, and other loans, as well as finance for farming operations, including working capital and input costs, equipment, capital improvements, and others. In addition, it offers investment and trust, treasury management, and mobile and online banking services. It operates branches in Winona, Goodview, Rushford, Lanesboro, St. Charles, Rochester, La Crescent, Caledonia, Spring Grove, Cannon Falls, Red Wing, Hampton, Hastings, Apple Valley, Lakeville, Cottage Grove, Rosemount, and Northfield, Minnesota; and Onalaska and Eau Claire, Wisconsin. The company was founded in 1875 and is headquartered in Winona, Minnesota.

Merchants Financial Dividend Announcement

Merchants Financial announced a semi annually dividend of $0.36 per ordinary share which will be made payable on 2024-12-20. Ex dividend date: 2024-11-22
Merchants Financial annual dividend for 2024 was $0.72
Merchants Financial annual dividend for 2023 was $0.70
Merchants Financial's trailing twelve-month (TTM) dividend yield is 2.68%
Merchants Financial's dividend growth over the last five years (2018-2023) was -21.24% year
Merchants Financial's dividend growth over the last ten years (2013-2023) was -2.04% year

Merchants Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-22$0.36semi annually2024-12-20
2024-05-16$0.36semi annually2024-06-21
2023-11-16$0.36semi annually2023-12-22
2023-05-18$0.34semi annually2023-06-23
2022-11-17$0.33semi annually2022-12-23
2022-05-19$0.30semi annually2022-06-17
2021-11-18$0.85semi annually2021-12-24
2021-05-20$0.80semi annually2021-06-18
2020-11-19$0.75semi annually2020-12-18
2020-05-21$0.75semi annually2020-06-19
2019-11-21$0.75semi annually2019-12-20
2019-05-16$0.70semi annually2019-06-21
2018-11-15$0.70semi annually2018-12-21
2018-05-17$0.61semi annually2018-06-22
2018-02-08$1.00semi annually2018-03-30
2017-11-16$0.56semi annually2017-12-22
2017-05-17$0.56semi annually2017-06-23
2016-11-16$0.56semi annually
2016-05-18$0.55semi annually
2015-11-18$0.53semi annually
2015-05-13$0.50semi annually
2014-11-18$0.50semi annually
2014-05-14$0.45semi annually
2013-11-18$0.45semi annually
2013-05-22$0.41semi annually

Merchants Financial Dividend per year

Merchants Financial Dividend growth

Merchants Financial Dividend Yield

Merchants Financial current trailing twelve-month (TTM) dividend yield is 2.68%. Interested in purchasing Merchants Financial stock? Use our calculator to estimate your expected dividend yield:

Merchants Financial Financial Ratios

P/E ratio9.70
PEG ratio0.10
P/B ratio0.79
ROE8.31%
Payout ratio0.00%
Current ratio0.08
Quick ratio0.08
Cash Ratio-0.07

Merchants Financial Dividend FAQ

How much is the next Merchants Financial dividend?
Merchants Financial'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 Financial dividend. The next Merchants Financial dividend will be released in May, or November.
When is Merchants Financial dividend paid?
Merchants Financial pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and November. 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 Financial pay?
The specific amount of Merchants Financial 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 Financial's dividend history.
Does Merchants Financial stock pay dividends?
Yes, Merchants Financial 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 Financial's dividend history.
How much dividend does Merchants Financial pay?
Merchants Financial paid $0.72 in 2024, $0.7 in 2023, $0.63 in 2022, $1.65 in 2021, and $1.5 in 2020.
How often does Merchants Financial pay dividends?
Merchants Financial typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May, and November.
What is Merchants Financial's dividend yield?
The current dividend yield for Merchants Financial is 2.68%. 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 Financial's exact dividend yield.
When does Merchants Financial go ex dividend?
Merchants Financial's ex-dividend date for the latest dividend was on 2024-11-22. Merchants Financial 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 Financial dividend paid?
Merchants Financial pays dividends on a semi annually basis, typically around May, or November, but the exact dates can vary each year.
Will Merchants Financial 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 Financial 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 Financial dividend per share?
Merchants Financial paid $0.72 per share in 2024 and $0.7 per share in 2023. The amount of dividend per share that Merchants Financial 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 Financial 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 Financial 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 Financial a dividend stock?
Yes, Merchants Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Merchants Financial a good dividend stock?
Whether Merchants Financial 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 Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Merchants Financial 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 Financial pay dividends monthly?
Merchants Financial typically pays dividends on a semi annually basis.
Does Merchants Financial pay dividends quarterly?
Merchants Financial currently pays dividends on a semi annually basis.
Has Merchants Financial ever paid a dividend?
Yes, Merchants Financial has a history of paying dividends to its shareholders. Merchants Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Merchants Financial dividend stocks?
To buy Merchants Financial 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 Financial 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 Financial pay dividends 2024?
Merchants Financial pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-20. 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 Financial increase its dividend in 2024?
Decisions regarding Merchants Financial 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 Financial dividend overview you can look into the above table of dividend history.
How Merchants Financial dividend works?
The Merchants Financial 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 Financial's dividend process works:

1. Determination of Dividend: Merchants Financial'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 Financial 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 Financial 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 Financial 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 Financial dividends paid?
Merchants Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Merchants Financial 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 Financial 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 Financial 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 Financial pay dividends?
Merchants Financial typically pays dividends on a semi annually 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 Financial pay dividends?
The general pattern is that Merchants Financial pays dividends around May, and November. 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 Financial dividend safe?
The safety of Merchants Financial'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 Financial'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 Financial'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.