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 | |
|---|---|---|---|---|---|
| 11 | Aug 19, 2021 | Sep 14, 2021 | Oct 01, 2021 | $0.0600 | 0.221% |
| 12 | May 20, 2021 | Jun 14, 2021 | Jul 01, 2021 | $0.0600 | 0.224% |
| 13 | Feb 18, 2021 | Mar 12, 2021 | Apr 01, 2021 | $0.0600 | 0.218% |
| 14 | Nov 18, 2020 | Dec 14, 2020 | Jan 04, 2021 | $0.0533 | 0.288% |
| 15 | Aug 20, 2020 | Sep 14, 2020 | Oct 01, 2020 | $0.0533 | 0.401% |
| 16 | May 21, 2020 | Jun 12, 2020 | Jul 01, 2020 | $0.0533 | 0.446% |
| 17 | Feb 20, 2020 | Mar 12, 2020 | Apr 01, 2020 | $0.0533 | 0.582% |
| 18 | Nov 20, 2019 | Dec 12, 2019 | Jan 02, 2020 | $0.0467 | 0.361% |
| 19 | Aug 19, 2019 | Sep 12, 2019 | Sep 30, 2019 | $0.0467 | 0.423% |
| 20 | May 16, 2019 | Jun 13, 2019 | Jul 01, 2019 | $0.0467 | 0.406% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
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 (1.82%). 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 (10.93%), 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 | 805.385M | $0.135 | 5.73% | 58.41% | |
| OceanFirst Financial Corp. | 940.003M | $0.200 | 5.07% | 49.01% | |
| AMERISAFE | 888.438M | $0.370 | 5.05% | 152.17% | |
| Safety Insurance Group | 1.201B | $0.90 | 4.80% | 103.64% | |
| S&T Bancorp | 1.238B | $0.330 | 4.35% | 36.67% | |
| City Holding Company | 1.545B | $0.720 | 2.86% | 34.30% | |
| First Bancorp | 1.328B | $0.220 | 2.79% | 31.63% | |
| 1st Source Corporation | 1.29B | $0.340 | 2.65% | 27.20% | |
| Merchants Bancorp | 1.857B | $0.0900 | 1.01% | 15.72% |
