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Merchants Bancorp Inc. (MBIN) logo

Merchants Bancorp Inc.

S&P 500

MBIN/Financial Services · Banks - Regional/NASDAQ

Dividend Yield

0.85%

$0.42 · Annual Dividend

Stock Price$50.00P/E12.0MCap2.3BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

89/ 100Very Safe

MBIN's dividend appears very safe. Strengths include a 10.0% earnings payout ratio & 5.4% fcf payout ratio. The dividend has been growing at a 13.40% 5-year CAGR. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.

Based on 9 of 10 metrics

Strengths

  • Earnings Payout Ratio: 10.0%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 5.4%Free cash flow comfortably covers the dividend.
  • Operating Margin: 58.0%Healthy operating margin provides a wide buffer.

Risks

No material risks identified across rated metrics.

Payout & Coverage

Very Safe
10.0%Very Safe
5.4%Very Safe

Balance Sheet

N/A

Profitability

Safe

Dividend Track Record

Very Safe
9+ yrsSafe
NoneVery Safe
13.4%Very Safe

About Merchants Bancorp Inc.

Merchants Bancorp Inc. is a diversified bank holding company operating primarily through its subsidiary, Merchants Bank of Indiana. Its core function is to provide a range of financial products and services, particularly focusing on lending and deposit solutions. The company primarily serves businesses and individuals with offerings such as residential and commercial mortgage loans, construction loans, and agricultural loans. Additionally, it provides financing for multifamily housing and healthcare facilities through Merchants Capital Corp., a subsidiary engaged in mortgage banking. Merchants Bancorp plays a significant role in the banking sector by facilitating economic growth through its tailored lending programs, particularly within the multifamily and healthcare real estate sectors. With a commitment to delivering high-quality customer service and fostering strong community ties, the company continues to expand its influence across its operational regions. Merchants Bancorp's strategic approach to niche loan products and its adaptability to regulatory changes reflect its robust position in the financial market, catering to the nuanced needs of specific industries while maintaining steady growth and stability.

Dividend Overview

Dividend Yield

0.85%

Annual Dividend

$0.42

Frequency

Quarterly

Payout Ratio

10.00%

FCF Payout Ratio

5.36%

52-Week Range

$28.75 - $51.00

Dividend History (2016–2025)

MBIN annual dividend per share and yield history

Earnings & Profitability

MBIN earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 15, 2026

Next Payment Date

July 1, 2026

Dividend Growth

3-Year Dividend CAGR

12.62%

5-Year Dividend CAGR

13.40%

10-Year Dividend CAGR

N/A

3-Year Total Growth

42.86%

5-Year Total Growth

87.53%

10-Year Total Growth

N/A

Income Calculator

MBIN Dividend Calculator

Total Investment

$5,000.00

Annual Income

$42.00

Quarterly Income

$10.50

Monthly Income

$3.50

Frequently Asked Questions

What is MBIN's current dividend yield?
Merchants Bancorp Inc. (MBIN) currently has a dividend yield of 0.85%, based on a stock price of $50.00 and an annual dividend of $0.42.
When is MBIN's next dividend payment date?
MBIN's next ex-dividend date is 2026-06-15 and the next payment date is 2026-07-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MBIN pay in dividends per year?
Merchants Bancorp Inc. paid $0.40 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MBIN been increasing its dividend?
Merchants Bancorp Inc. has grown its dividend at a 5-year CAGR of 13.40%.
Is MBIN's dividend safe?
Merchants Bancorp Inc. has a payout ratio of 10.00%. Its free cash flow payout ratio is 5.36%. A payout ratio below 60% is generally considered sustainable.
How is MBIN's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Merchants Bancorp Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for financial services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.