Merchants Bancorp (NASDAQ:MBINM – Get Free Report) announced a quarterly dividend on Wednesday, November 19th. Shareholders of record on Monday, December 15th will be given a dividend of 0.5156 per share on Friday, January 2nd. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date is Monday, December 15th.
Merchants Bancorp Trading Up 0.4%
Shares of MBINM stock opened at $24.18 on Thursday. Merchants Bancorp has a 1 year low of $24.00 and a 1 year high of $26.92. The firm’s 50 day moving average is $24.65 and its 200-day moving average is $24.98.
Merchants Bancorp (NASDAQ:MBINM – Get Free Report) last issued its quarterly earnings results on Monday, January 31st. The company reported $1.14 earnings per share for the quarter. The company had revenue of $112.82 million during the quarter.
Merchants Bancorp Company Profile
Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities.
Featured Stories
- Five stocks we like better than Merchants Bancorp
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Is Tesla Setting Up for a Year-End Rebound—or a Collapse?
- What is the Shanghai Stock Exchange Composite Index?
- Applied Materials: Up 40% in 2025 With Room to Run Long-Term
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- onsemi Places a $6 Billion Bet on Its Own Stock
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.
