Merchants Bancorp Stock Dividends
MBIN pays dividends quarterly. Last paid amount was $0.0900 at Apr 01, 2024. As of today, dividend yield (TTM) is 1.01%.
Dividend Yield Range
AI Analysis of MBIN
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.01% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 12.50% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0900 |
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Merchants Bancorp has not yet announced its next dividend date. Last payment date was: Apr 01, 2024.
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MBIN Dividend Payout History
To ensure a understanding of MBIN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 14, 2024 | Mar 14, 2024 | Apr 01, 2024 | $0.0900 | 0.213% |
| 2 | Nov 15, 2023 | Dec 14, 2023 | Jan 02, 2024 | $0.0800 | 0.192% |
| 3 | Aug 17, 2023 | Sep 14, 2023 | Oct 02, 2023 | $0.0800 | 0.293% |
| 4 | May 18, 2023 | Jun 14, 2023 | Jul 03, 2023 | $0.0800 | 0.309% |
| 5 | Feb 16, 2023 | Mar 14, 2023 | Apr 03, 2023 | $0.0800 | 0.312% |
| 6 | Nov 16, 2022 | Dec 14, 2022 | Jan 03, 2023 | $0.0700 | 0.290% |
| 7 | Aug 18, 2022 | Sep 14, 2022 | Oct 03, 2022 | $0.0700 | 0.295% |
| 8 | May 19, 2022 | Jun 14, 2022 | Jul 01, 2022 | $0.0700 | 0.303% |
| 9 | Feb 22, 2022 | Mar 14, 2022 | Apr 01, 2022 | $0.0700 | 0.255% |
| 10 | Nov 17, 2021 | Dec 14, 2021 | Jan 03, 2022 | $0.0600 | 0.192% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MBIN Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MBIN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MBIN stock here.
Comparing MBIN to Sector and Country
MBIN pays a solid dividend yield of 1.01%, which is lower than the average of the bottom 25% of dividend payers in the US market (1.85%). MBIN’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%), which means that there are more attractive dividend stocks to consider.
MBIN Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Brookline Bancorp | 786.717M | $0.135 | 5.80% | 43.79% | |
| OceanFirst Financial Corp. | 917.105M | $0.200 | 5.12% | 36.75% | |
| AMERISAFE | 911.017M | $0.370 | 5.05% | 152.17% | |
| Safety Insurance Group | 1.198B | $0.90 | 4.80% | 282.34% | |
| S&T Bancorp | 1.213B | $0.330 | 4.52% | 36.67% | |
| City Holding Company | 1.582B | $0.720 | 2.86% | 25.48% | |
| First Bancorp | 1.294B | $0.220 | 2.79% | 23.71% | |
| 1st Source Corporation | 1.266B | $0.340 | 2.67% | 27.20% | |
| Merchants Bancorp | 2.029B | $0.0900 | 1.01% | 11.69% |
