Merchants Bancorp Dividend
Dividend criteria checks 2/6
Merchants Bancorp is a dividend paying company with a current yield of 0.87% that is well covered by earnings.
Key information
0.9%
Dividend yield
6%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$5.64 |
Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MBIN.P has been paying a dividend for less than 10 years.
Growing Dividend: MBIN.P's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Merchants Bancorp Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MBIN.P) | 0.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Diversified Financial) | 1.0% |
Analyst forecast in 3 Years (MBIN.P) | 1.0% |
Notable Dividend: MBIN.P's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: MBIN.P's dividend (0.87%) is low compared to the top 25% of dividend payers in the US market (4.64%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.7%), MBIN.P's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MBIN.P's dividends in 3 years are forecast to be thoroughly covered by earnings (7% payout ratio).