Merchants Bancorp Dividends and Buybacks
Dividend criteria checks 2/6
Merchants Bancorp is a dividend paying company with a current yield of 0.88% that is well covered by earnings.
Key information
0.9%
Dividend yield
-5.2%
Buyback Yield
| Total Shareholder Yield | -4.3% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | -2.3% |
| 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
If EPS Growth Is Important To You, Merchants Bancorp (NASDAQ:MBIN) Presents An Opportunity
Sep 27
Merchants Bancorp (NASDAQ:MBIN) Will Pay A Larger Dividend Than Last Year At $0.09
Mar 10Merchants Bancorp (NASDAQ:MBIN) Has Announced That It Will Be Increasing Its Dividend To $0.09
Feb 22Moon Capital - Merchants Bancorp: The Bank You've Never Heard Of
Feb 08Merchants Bancorp (NASDAQ:MBIN) Is Paying Out A Dividend Of $0.08
Dec 13Merchants Bancorp (NASDAQ:MBIN) Is Due To Pay A Dividend Of $0.08
Sep 05Merchants Bancorp (NASDAQ:MBIN) Will Pay A Dividend Of $0.08
Aug 22Merchants Bancorp (NASDAQ:MBIN) Will Pay A Dividend Of $0.08
May 23Merchants Bancorp (NASDAQ:MBIN) Has Announced That It Will Be Increasing Its Dividend To $0.08
Feb 21Merchants Bancorp: Attractively Valued, Earnings Likely To Grow Next Year
Oct 14Merchants Bancorp prices underwritten public offering of 5.2M depositary shares
Sep 23Merchants Bancorp declares $0.07 dividend
Aug 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MBIN has been paying a dividend for less than 10 years.
Growing Dividend: MBIN'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) | 0.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (MBIN) (up to 3 years) | 1.0% |
Notable Dividend: MBIN's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: MBIN's dividend (0.88%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), MBIN's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MBIN's dividends in 3 years are forecast to be thoroughly covered by earnings (7.2% payout ratio).