Merchants Bancorp (NASDAQ:MBINN – Get Free Report) declared a quarterly dividend on Thursday, August 20th. Investors of record on Tuesday, September 15th will be given a dividend of 0.375 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Tuesday, September 15th.
Merchants Bancorp Stock Down 0.3%
Shares of MBINN stock opened at $20.04 on Friday. Merchants Bancorp has a fifty-two week low of $18.27 and a fifty-two week high of $21.60. The firm’s 50 day moving average price is $20.06 and its two-hundred day moving average price is $20.21.
About Merchants Bancorp
Merchants Bancorp (NASDAQ: MBINN) is a bank holding company headquartered in Buffalo, New York. Through its subsidiary, Merchants Bank, the company provides a comprehensive suite of commercial and consumer banking products across Western New York. Its branch network serves individuals, small businesses and institutional clients with personalized banking solutions.
The company’s core offerings include deposit products such as checking, savings and certificates of deposit, alongside a portfolio of lending products that encompasses commercial and industrial loans, commercial real estate financing, residential mortgages and consumer credit lines.
Featured Articles
- Five stocks we like better than Merchants Bancorp
- Coherent Stock Is Cooling Off Just as Its AI Thermal Opportunity Heats Up
- Moderna’s 177% Surge Has Investors Asking What Comes Next
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
Receive News & Ratings for Merchants Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merchants Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
