# Merchants (MBIN) — Dividends

MBIN · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/mbin/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $0.43 |
| Forward yield | 0.88% |
| Growth streak | 3 years |

Merchants Bancorp pays a quarterly dividend of $0.11 per share. Its most recent payment had an ex-date of September 15, 2026 and was paid on October 1, 2026. Over the trailing twelve months, it paid $0.43 per share, a yield of about 0.87% at a share price of $49.71.

The record shows a steady annual rhythm. The table opens with a $0.09 payment in December 2021, followed by $0.07 for each payment in 2022. Since then, the rate has risen by one cent a year with the payment that goes ex-dividend in March: to $0.08 in 2023, $0.09 in 2024, $0.10 in 2025 and $0.11 in 2026. Those raises ranged from 10% to about 14%. Since early 2022, the quarterly rate has grown about 57%. Payments by calendar year rose from $0.28 in 2022 to $0.40 in 2025. The source gives a growth streak of three consecutive calendar years.

If the pattern holds, the next payment would go ex-dividend in mid-December 2026 and be paid in early January 2027. Past raises have come with the March payment, not the December one.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 15, 2026 | Oct 1, 2026 | $0.11 |
| Jun 15, 2026 | Jul 1, 2026 | $0.11 |
| Mar 13, 2026 | Apr 1, 2026 | $0.11 |
| Dec 15, 2025 | Jan 2, 2026 | $0.10 |
| Sep 15, 2025 | Oct 1, 2025 | $0.10 |
| Jun 13, 2025 | Jul 1, 2025 | $0.10 |
| Mar 14, 2025 | Apr 1, 2025 | $0.10 |
| Dec 13, 2024 | Jan 2, 2025 | $0.09 |
| Sep 13, 2024 | Oct 1, 2024 | $0.09 |
| Jun 14, 2024 | Jul 1, 2024 | $0.09 |
| Mar 14, 2024 | Apr 1, 2024 | $0.09 |
| Dec 14, 2023 | Jan 2, 2024 | $0.08 |
| Sep 14, 2023 | Oct 2, 2023 | $0.08 |
| Jun 14, 2023 | Jul 3, 2023 | $0.08 |
| Mar 14, 2023 | Apr 3, 2023 | $0.08 |
| Dec 14, 2022 | Jan 3, 2023 | $0.07 |
| Sep 14, 2022 | Oct 3, 2022 | $0.07 |
| Jun 14, 2022 | Jul 1, 2022 | $0.07 |
| Mar 14, 2022 | Apr 1, 2022 | $0.07 |
| Dec 14, 2021 | Jan 3, 2022 | $0.09 |

## Frequently Asked Questions

### Does Merchants (MBIN) pay a dividend?

Yes. Merchants pays a quarterly dividend; the most recent payment was $0.11 per share.

### What is MBIN's dividend yield?

Merchants paid $0.43 per share over the trailing twelve months, a yield of 0.88% at the last price of $48.95. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is MBIN's most recent ex-dividend date?

Merchants's most recent ex-dividend date is Sep 15, 2026, payable on Oct 1, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has MBIN been raising its dividend?

Yes — Merchants has increased its dividend for 3 consecutive calendar years.

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).