Merchants Bancorp Dividends and Buybacks
Dividend criteria checks 2/6
Merchants Bancorp is a dividend paying company with a current yield of 0.92% that is well covered by earnings.
Key information
0.9%
Dividend yield
-5.4%
Buyback Yield
| Total Shareholder Yield | -4.5% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.360 |
| Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MBIN.M has been paying a dividend for less than 10 years.
Growing Dividend: MBIN.M's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Merchants Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MBIN.M) | 0.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (MBIN.M) (up to 3 years) | 1.1% |
Notable Dividend: MBIN.M's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: MBIN.M's dividend (0.92%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), MBIN.M's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MBIN.M's dividends in 3 years are forecast to be thoroughly covered by earnings (7.2% payout ratio).