SmarterDividends
MBIN

Merchants Bancorp

MBINL

Financial Services · Stock · quarterly payer

Forward Yield

7.61%

Annual Dividend

$1.91

Payout Ratio

5-Yr Growth

Ex-Date

Jun 15, 2026

Frequency

Quarterly

MBINL Dividend Safety Score

55/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Yield vs its historyYield is 1.7× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MBINL a good dividend stock?

Mixed

Merchants Bancorp (MBINL) pays a quarterly dividend yielding 7.61% ($1.91/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
7.61%
Payout Ratio
Annual Dividend
$1.91
5-Yr Avg Growth
Ex-Dividend Date
Jun 15, 2026
Years of Growth
1
Frequency
quarterly
Beta
1.16
Market Cap
P/E Ratio
5-Yr Total Return
52-Week Range
$21.80 – $25.34
Dividend Safety
C · 55/100
Ever Cut?
No
MBINL ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.91 / yr per share

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