Merchants Bancorp (NASDAQ:MBINO – Get Free Report) announced a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.59 per share on Thursday, January 2nd. This represents a $2.36 dividend on an annualized basis and a yield of 9.29%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Merchants Bancorp’s previous quarterly dividend of $0.38.
Merchants Bancorp Stock Up 0.0 %
Merchants Bancorp stock opened at $25.40 on Friday. The firm’s fifty day moving average is $25.20 and its 200 day moving average is $24.97. Merchants Bancorp has a 52-week low of $21.80 and a 52-week high of $25.42.
Merchants Bancorp Company Profile
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