MBINO
Merchants Bancorp
$25.12
Merchants Bancorp Dividend 2024 : Should Merchants Bancorp be a part of your dividend portfolio?
Merchants Bancorp is one of the most popular Finance company in the world with a market capitalisation of $2070.99Mn. Its share price is $25.12 as on 7 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Merchants Bancorp gave $1.13 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Finance stocks do not always pay a dividend but as Merchants Bancorp pays dividends to reward its shareholders.
- In the quarter ending September 2024, Merchants Bancorp has declared dividend of $0.38 - translating a dividend yield of 4.5%.
Let's look at Merchants Bancorp’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Merchants Bancorp’s dividend was $0.38 in the quarter ending September 2024.
Merchants Bancorp Dividend related ratios:
- Last dividend date: 2024-08-15
- Current Dividend Yield: 4.48%
- Annual dollar dividend payment: $1.13
History of Merchants Bancorp's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE | PAYMENT DATE |
|---|---|---|---|---|---|
13/09/2024 | CASH | $0.38 | 15/08/2024 | 13/09/2024 | 01/10/2024 |
14/06/2024 | CASH | $0.38 | 16/05/2024 | 14/06/2024 | 01/07/2024 |
14/03/2024 | CASH | $0.38 | 14/02/2024 | 15/03/2024 | 01/04/2024 |
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