SmarterDividends
MBIN

Merchants Bancorp

MBINL

Financial Services · Banks - Regional · Stock · quarterly payer

$23.05

Undervalued · +63% Add to Portfolio

Forward Yield

8.27%

Annual Dividend

$1.91

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about MBINL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Merchants Bancorp (MBINL) has a forward dividend yield of 8.27%, based on an annual dividend of $1.91 per share and a share price of $23.05.
  • MBINL has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MBINL's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.48 per share.
  • As of Oct 18, 2026, MBINL's 8.27% yield is 87% above its five-year average yield of 4.42%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MBINL is $37.46 per share, 63% above the $23.05 share price, so MBINL screens as undervalued.
  • Merchants Bancorp (MBINL) pays its dividend quarterly, 4 times a year.
  • Merchants Bancorp (MBINL) has raised its regular dividend 1 time and cut it 0 times across the 8 payments on record since 2024. Its most recent change was a 143.4% increase to $0.477 per share, going ex-dividend on Mar 14, 2025.
Cite this page

SmarterDividends, "MBINL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MBINL

Summary

As of Oct 18, 2026, Merchants Bancorp (MBINL) yields 8.27% ($1.91 a year per share).

Is MBINL a good dividend stock?

Mixed

Merchants Bancorp (MBINL) pays a quarterly dividend yielding 8.27% ($1.91/yr), with 1 year of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.27%
Payout Ratio
—
Annual Dividend
$1.91
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
1
Frequency
quarterly
Beta
1.21
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$22.56 – $25.34
Dividend Safety
—
Ever Cut?
No

MBINL dividend raises and cuts

Merchants Bancorp (MBINL) has raised its regular dividend 1 time and cut it 0 times across the 8 payments on record since 2024. Its most recent change was a 143.4% increase to $0.477 per share, going ex-dividend on Mar 14, 2025.

Ex-dateChangeOld → newMove
Mar 14, 2025Raise$0.196 → $0.477+143.4%
Every MBINL payment →Download every raise and cut (CSV)
MBINL ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →MBINL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MBINL a good dividend stock?

Mixed. Merchants Bancorp (MBINL) pays a quarterly dividend yielding 8.27% ($1.91/yr), with 1 year of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is MBINL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MBINL's fair value is about $37.46 versus a $23.05 share price — so it looks undervalued (+63% vs. fair value).

What is MBINL's fair value?

Our blended fair-value estimate for MBINL is about $37.46 per share, roughly 63% above the current $23.05 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MBINL a buy, hold, or sell?

We don't issue formal ratings, but on the data MBINL screens as "mixed" and undervalued. Merchants Bancorp (MBINL) pays a quarterly dividend yielding 8.27% ($1.91/yr), with 1 year of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Does MBINL pay a dividend?

Yes. Merchants Bancorp pays a quarterly dividend of about $1.91 per share annually, a forward yield of roughly 8.27%.

What is MBINL's dividend yield?

As of Oct 18, 2026, MBINL's forward dividend yield is 8.27%, based on a $1.91 annual dividend and a $23.05 share price.

What is MBINL's dividend per share?

As of Oct 18, 2026, MBINL pays $1.91 per share per year, distributed on a quarterly basis.

How many years has MBINL grown its dividend?

As of Oct 18, 2026, MBINL has increased its dividend for 1 consecutive years.

When is the next MBINL ex-dividend date?

As of Oct 18, 2026, MBINL's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.48 per share.

Income Calculator

At $1.91 / yr per share

Per payment (quarterly)$47.75
Annual$191.00
Monthly avg$15.92

Similar Dividend Stocks

JPMJPMJPMorgan Chase & Co.1.94%Financial ServicesVVVisa Inc.0.67%Financial ServicesMAMAMastercard Incorporated0.56%Financial ServicesBACBACBank of America Corporation2.50%Financial Services

Compare MBINL

MBINL vs JPMMBINL vs VMBINL vs MAMBINL vs BAC

Explore more

Lists and tools related to MBINL