Merchants Bancorp (MBIN) Dividend History

NASDAQ: MBINYield, payment dates, growth and payout ratio.

MBIN latest dividend

$0.11last dividend per share
Ex-dividend dateSep 15Tuesday, 2026
Payment dateOct 1Thursday, 2026

The next dividend has not been announced yet.

  • 7 yearsof dividend increases
  • 2017paying since
  • Quarterly4 payments a year
  • +13.4%5-year growth a year
  • 0.90%forward yield

MBIN dividend income calculator

Dividend income a year
$44
Each payment
$11
Value of the shares
$4,877
Dividend yield
0.90%

At the latest close; forward annual dividend $0.44 per share, before tax.

MBIN dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

MBIN dividend safety

Payout ratio (earnings)8.6%
Well covered · of trailing twelve-month earnings paid as dividends
Dividend growth (5 years)+13.4%
Growing · a year on average
Years of increases7
Established · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

MBIN yield on cost

Merchants Bancorp yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$30.911.42%$0.431.4%
3 years ago$27.031.63%$1.174.3%
5 years ago$27.631.59%$1.756.3%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

MBIN dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 36 payments).

MBIN dividends by year

Merchants Bancorp dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$0.40+11.1%1.17%4
2024$0.36+12.5%0.99%4
2023$0.32+14.3%0.75%4
2022$0.28+16.7%1.15%4
2021$0.24+12.5%0.76%4
2020$0.21+14.3%1.16%4
2019$0.19+16.7%1.42%4
2018$0.16—1.20%4
2017$0.03—0.25%1

MBIN dividend history

36 payments
Merchants Bancorp dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-152026-10-01$0.11—Quarterly
2026-06-152026-07-01$0.11—Quarterly
2026-03-132026-04-01$0.11+10.0%Quarterly
2025-12-152026-01-02$0.1—Quarterly
2025-09-152025-10-01$0.1—Quarterly
2025-06-132025-07-01$0.1—Quarterly
2025-03-142025-04-01$0.1+11.1%Quarterly
2024-12-132025-01-02$0.09—Quarterly
2024-09-132024-10-01$0.09—Quarterly
2024-06-142024-07-01$0.09—Quarterly
2024-03-142024-04-01$0.09+12.5%Quarterly
2023-12-142024-01-02$0.08—Quarterly
2023-09-142023-10-02$0.08—Quarterly
2023-06-142023-07-03$0.08—Quarterly
2023-03-142023-04-03$0.08+14.3%Quarterly
2022-12-142023-01-03$0.07—Quarterly
Show all 36 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-142022-10-03$0.07—Quarterly
2022-06-142022-07-01$0.07—Quarterly
2022-03-142022-04-01$0.07+16.7%Quarterly
2021-12-142022-01-03$0.06—Quarterly
2021-09-142021-10-01$0.06—Quarterly
2021-06-142021-07-01$0.06—Quarterly
2021-03-122021-04-01$0.06+12.5%Quarterly
2020-12-142021-01-04$0.0533—Quarterly
2020-09-142020-10-01$0.0533—Quarterly
2020-06-122020-07-01$0.0533—Quarterly
2020-03-122020-04-01$0.0533+14.3%Quarterly
2019-12-122020-01-02$0.0467—Quarterly
2019-09-122019-09-30$0.0467—Quarterly
2019-06-132019-07-01$0.0467—Quarterly
2019-03-142019-04-01$0.0467+16.7%Quarterly
2018-12-132018-12-31$0.04—Quarterly
2018-09-132018-10-01$0.04—Quarterly
2018-06-142018-07-02$0.04—Quarterly
2018-03-142018-04-02$0.04+20.0%Quarterly
2017-12-142018-01-02$0.0333—Quarterly

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

MBIN stock split history

  • 3:2January 18, 2022

MBIN dividend overview

Merchants Bancorp pays an annual dividend of $0.44 per share, a yield of 0.90% at the latest close, paid quarterly. It paid $0.40 per share in 2025, up 11.1% from 2024. It has raised its dividend for 7 consecutive years. Over five years the dividend grew 13.4% a year on average. The payout ratio is 8.6% of trailing earnings.

Related: MBIN cash flow statement, MBIN key metrics, MBIN chart. See the MBIN stock overview for the latest quote and news.

MBIN dividends FAQ

Does Merchants Bancorp pay a dividend?

Yes. Merchants Bancorp has paid a regular dividend since 2017, quarterly, most recently $0.11 per share with an ex-dividend date of September 15, 2026.

What is Merchants Bancorp's dividend yield?

Merchants Bancorp's forward annual dividend is $0.44 per share, a dividend yield of 0.90% at the latest close of $48.77.

How often does Merchants Bancorp pay dividends?

Merchants Bancorp pays dividends quarterly.

How fast is Merchants Bancorp's dividend growing?

Merchants Bancorp's dividend per share grew from $0.21 in 2020 to $0.40 in 2025, 13.4% a year on average over five years; it has increased for 7 years in a row.

What is Merchants Bancorp's dividend payout ratio?

Merchants Bancorp pays out 8.6% of its trailing earnings as dividends.

Has Merchants Bancorp split its stock?

Merchants Bancorp has split its stock 1 time: 3:2 on January 18, 2022. Dividends per share on this page are adjusted for splits.

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