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DIVIDEND ANNOUNCEMENT: Merchants Bancorp (Indiana) (NASDAQ:MBIN) on 05/19/2022 declared a dividend of $0.0700 per share

May 19, 2022

Merchants Bancorp (Indiana) (NASDAQ:MBIN) on 05/19/2022 declared a dividend of $ 0.0700 per share payable on July 01, 2022 to shareholders of record as of June 15, 2022.

Merchants Bancorp (Indiana) (NASDAQ:MBIN) has paid dividends since 2018, has a current dividend yield of 1.2043011189% and has increased its dividends for 2 successive years.

Merchants Bancorp (Indiana)'s market cap is $ 1,005,981,000 and has a PE ratio of 7.33. The stock price closed yesterday at $ 23.25 and has a 52 week low/high of $ 22.40 and $ 33.57.

Merchants Bancorp is a bank holding company. Through its subsidiaries, Co. operates in and services multiple lines of business, including agricultural lending, Small Business Administration (SBA) lending, and community banking. Co.'s business segments are defined as multi-family mortgage banking, which originates Federal Housing Authority loans that are sold as Government National Mortgage Association mortgage backed securities; mortgage warehousing, which provides asset-based financing in the form of warehouse facilities; and banking, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and SBA lending.

For more information on Merchants Bancorp (Indiana) click here.

Merchants Bancorp (Indiana) current dividend information as per the date of this press release is:
Dividend Declaration Date: May 19, 2022
Dividend Ex Date: June 14, 2022
Dividend Record Date: June 15, 2022
Dividend Payment Date: July 01, 2022
Dividend Amount: $ 0.0700
 
 

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