Merchants Bancorp Depositary Shares, Each Representing a 1/40thInterest in a Share of 7.25% Fixed Rate Series E Non-CumulativePerpetual Preferred Stock, without par value (MBINL)
STATE COMMERCIAL BANKS · XNAS
$24.88 as of Aug 14, 2026
Yield (TTM)7.7%
Annual dividend$1.91
Growth streak1 yrs
3y growth—
5y growth—
FrequencyQuarterly
Last ex-divJun 15, 2026
Last paidJul 1, 2026
Merchants Bancorp Depositary Shares, Each Representing a 1/40thInterest in a Share of 7.25% Fixed Rate Series E Non-CumulativePerpetual Preferred Stock, without par value (MBINL) currently yields 7.7%. MBINL pays quarterly; the most recent ex-dividend date was Jun 15, 2026.
Dividend history
| Ex-date | Pay date | Amount | Frequency |
|---|---|---|---|
| 2026 | |||
| 2026-06-15 | 2026-07-01 | $0.477 | Quarterly |
| 2026-03-13 | 2026-04-01 | $0.477 | Quarterly |
| 2026 total | $0.953 | ||
| 2025 | |||
| 2025-12-15 | 2026-01-02 | $0.477 | Quarterly |
| 2025-09-15 | 2025-10-01 | $0.477 | Quarterly |
| 2025-06-13 | 2025-07-01 | $0.477 | Quarterly |
| 2025-03-14 | 2025-04-01 | $0.477 | Quarterly |
| 2025 total | $1.906 | ||
| 2024 | |||
| 2024-12-13 | 2025-01-02 | $0.196 | Irregular |
| 2024 total | $0.196 | ||