Merchants Bancorp (NASDAQ:MBINN – Get Free Report) declared a quarterly dividend on Wednesday, November 19th. Stockholders of record on Monday, December 15th will be paid a dividend of 0.375 per share on Friday, January 2nd. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Monday, December 15th.
Merchants Bancorp Stock Performance
NASDAQ:MBINN opened at $19.07 on Friday. The stock’s fifty day simple moving average is $20.50 and its 200-day simple moving average is $20.19. Merchants Bancorp has a 12-month low of $18.31 and a 12-month high of $22.99.
Merchants Bancorp (NASDAQ:MBINN – Get Free Report) last released its quarterly earnings data on Monday, January 31st. The company reported $1.14 earnings per share for the quarter. The firm had revenue of $112.82 million for 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.
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