DIVIDEND ANNOUNCEMENT: Merchants Bancorp (Indiana) (NASDAQ:MBIN) on 11/16/2022 declared a dividend of $0.0700 per share

Merchants Bancorp (Indiana) (NASDAQ:MBIN) on 11/16/2022 declared a dividend of $ 0.0700 per share payable on January 03, 2023 to shareholders of record as of December 15, 2022.

Merchants Bancorp (Indiana) (NASDAQ:MBIN) has paid dividends since 2018, has a current dividend yield of 1.1336032152% and has increased its dividends for 2 successive years.

Merchants Bancorp (Indiana)'s market cap is $ 1,064,817,000 and has a PE ratio of 5.50. The stock price closed yesterday at $ 24.70 and has a 52 week low/high of $ 21.52 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.

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