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Merchants Bancorp

$21.33

Merchants Bancorp Dividend 2024 : Should Merchants Bancorp be a part of your dividend portfolio?

Merchants Bancorp is one of the most popular Miscellaneous company in the world with a market capitalisation of $2122.21Mn. Its share price is $21.33 as on 23 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Merchants Bancorp gave $0.75 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Miscellaneous stocks do not always pay a dividend but as Merchants Bancorp pays dividends to reward its shareholders.
  • In the quarter ending June 2024, Merchants Bancorp has declared dividend of $0.38 - translating a dividend yield of 3.68%.

Let's look at Merchants Bancorp’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Merchants Bancorp’s dividend was $0.38 in the quarter ending June 2024.

Merchants Bancorp Dividend related ratios:

  • Last dividend date: 2024-05-16
  • Current Dividend Yield: 3.52%
  • Annual dollar dividend payment: $0.75

Merchants Bancorp Dividend v/s Merchants Bancorp Share price

History of Merchants Bancorp's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATEPAYMENT DATE
14/06/2024
CASH
$0.38
16/05/2024
14/06/2024
01/07/2024
14/03/2024
CASH
$0.38
14/02/2024
15/03/2024
01/04/2024

FAQs

Merchants Bancorp current market price is $21.33 per share

Merchants Bancorp has declared dividend worth $0.75 in the last year.

Merchants Bancorp has declared dividend worth $0.38 in the latest quarter.

Merchants Bancorp has declared dividend on 16/05/2024 of $0.38.

Merchants Bancorp has declared dividend 2 times of $0.75 in the current financial year (FY2024)