Merchants Bancorp Dividends and Buybacks
Dividend criteria checks 2/6
Merchants Bancorp is a dividend paying company with a current yield of 1% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
1.0%
Dividend yield
-5.9%
Buyback Yield
| Total Shareholder Yield | -4.9% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -2.2% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| 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) | 1.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (MBIN.M) (up to 3 years) | 1.2% |
Notable Dividend: MBIN.M's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: MBIN.M's dividend (1%) is low compared to the top 25% of dividend payers in the US market (4.51%).
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 (7.3% payout ratio).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Merchants Bancorp is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Manan Gosalia | Morgan Stanley |
| Nathan Race | Piper Sandler Companies |
| David Feaster | Raymond James & Associates |