SmarterDividends
MBINM

Merchants Bancorp

MBINM

Financial Services · Banks - Regional · Stock · quarterly payer

$24.92

Undervalued · +62% Add to Portfolio

Forward Yield

8.28%

Annual Dividend

$2.06

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about MBINM's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Merchants Bancorp (MBINM) has a forward dividend yield of 8.28%, based on an annual dividend of $2.06 per share and a share price of $24.92.
  • As of Oct 18, 2026, MBINM's dividend safety grade from SmarterDividends is B (68 out of 100), which rates the dividend as safe.
  • MBINM has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MBINM's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.52 per share.
  • As of Oct 18, 2026, MBINM's 8.28% yield is 25% above its five-year average yield of 6.63%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MBINM is $40.41 per share, 62% above the $24.92 share price, so MBINM screens as undervalued.
  • Merchants Bancorp (MBINM) pays its dividend quarterly, 4 times a year.
  • Merchants Bancorp (MBINM) has raised its regular dividend 0 times and cut it 0 times across the 16 payments on record since 2022. The regular dividend has not changed in that time.
Cite this page

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

Summary

As of Oct 18, 2026, Merchants Bancorp (MBINM) yields 8.28% ($2.06 a year per share) and has a dividend safety grade of B (68/100).

Is MBINM a good dividend stock?

Yes, with caveats

Merchants Bancorp (MBINM) pays a quarterly dividend yielding 8.28% ($2.06/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.28%
Payout Ratio
—
Annual Dividend
$2.06
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.21
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$24.00 – $25.96
Dividend Safety
B · 68/100
Ever Cut?
No

MBINM dividend raises and cuts

Merchants Bancorp (MBINM) has raised its regular dividend 0 times and cut it 0 times across the 16 payments on record since 2022. The regular dividend has not changed in that time.

Every MBINM payment →Download every raise and cut (CSV)
MBINM ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →MBINM dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MBINM a good dividend stock?

Yes, with caveats. Merchants Bancorp (MBINM) pays a quarterly dividend yielding 8.28% ($2.06/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is MBINM undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MBINM's fair value is about $40.41 versus a $24.92 share price — so it looks undervalued (+62% vs. fair value).

Is MBINM's dividend safe?

MBINM has a dividend-safety grade of B (68/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MBINM's fair value?

Our blended fair-value estimate for MBINM is about $40.41 per share, roughly 62% above the current $24.92 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MBINM a buy, hold, or sell?

We don't issue formal ratings, but on the data MBINM screens as "yes, with caveats" and undervalued. Merchants Bancorp (MBINM) pays a quarterly dividend yielding 8.28% ($2.06/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MBINM cut its dividend?

MBINM earns a dividend-safety grade of B (68/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MBINM pay a dividend?

Yes. Merchants Bancorp pays a quarterly dividend of about $2.06 per share annually, a forward yield of roughly 8.28%.

What is MBINM's dividend yield?

As of Oct 18, 2026, MBINM's forward dividend yield is 8.28%, based on a $2.06 annual dividend and a $24.92 share price.

What is MBINM's dividend per share?

As of Oct 18, 2026, MBINM pays $2.06 per share per year, distributed on a quarterly basis.

How many years has MBINM grown its dividend?

MBINM does not currently have a long dividend-growth streak on record.

When is the next MBINM ex-dividend date?

As of Oct 18, 2026, MBINM's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.52 per share.

Income Calculator

At $2.06 / yr per share

Per payment (quarterly)$51.50
Annual$206.00
Monthly avg$17.17

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