SmarterDividends
MBINN

Merchants Bancorp

MBINN

Financial Services · Banks - Regional · Stock · quarterly payer

$18.90

Undervalued · +56% Add to Portfolio

Forward Yield

7.94%

Annual Dividend

$1.50

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about MBINN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Merchants Bancorp (MBINN) has a forward dividend yield of 7.94%, based on an annual dividend of $1.50 per share and a share price of $18.90.
  • As of Oct 18, 2026, MBINN's dividend safety grade from SmarterDividends is B (72 out of 100), which rates the dividend as safe.
  • MBINN has never cut its regular dividend in the payment history SmarterDividends has on record.
  • MBINN's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.38 per share.
  • As of Oct 18, 2026, MBINN's 7.94% yield is 21% above its five-year average yield of 6.58%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MBINN is $29.42 per share, 56% above the $18.90 share price, so MBINN screens as undervalued.
  • Merchants Bancorp (MBINN) pays its dividend quarterly, 4 times a year.
  • Merchants Bancorp (MBINN) has raised its regular dividend 0 times and cut it 0 times across the 22 payments on record since 2021. The regular dividend has not changed in that time.
Cite this page

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

Summary

As of Oct 18, 2026, Merchants Bancorp (MBINN) yields 7.94% ($1.50 a year per share) and has a dividend safety grade of B (72/100).

Is MBINN a good dividend stock?

Yes, with caveats

Merchants Bancorp (MBINN) pays a quarterly dividend yielding 7.94% ($1.50/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

  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.94%
Payout Ratio
—
Annual Dividend
$1.50
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.21
Market Cap
—
P/E Ratio
4.3
5-Yr Total Return
-29%
52-Week Range
$18.27 – $21.23
Dividend Safety
B · 72/100
Ever Cut?
No

MBINN dividend raises and cuts

Merchants Bancorp (MBINN) has raised its regular dividend 0 times and cut it 0 times across the 22 payments on record since 2021. The regular dividend has not changed in that time.

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

Frequently Asked Questions

Is MBINN a good dividend stock?

Yes, with caveats. Merchants Bancorp (MBINN) pays a quarterly dividend yielding 7.94% ($1.50/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 MBINN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MBINN's fair value is about $29.42 versus a $18.90 share price — so it looks undervalued (+56% vs. fair value).

Is MBINN's dividend safe?

MBINN has a dividend-safety grade of B (72/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is MBINN's fair value?

Our blended fair-value estimate for MBINN is about $29.42 per share, roughly 56% above the current $18.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MBINN a buy, hold, or sell?

We don't issue formal ratings, but on the data MBINN screens as "yes, with caveats" and undervalued. Merchants Bancorp (MBINN) pays a quarterly dividend yielding 7.94% ($1.50/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 MBINN cut its dividend?

MBINN earns a dividend-safety grade of B (72/100), 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 MBINN pay a dividend?

Yes. Merchants Bancorp pays a quarterly dividend of about $1.50 per share annually, a forward yield of roughly 7.94%.

What is MBINN's dividend yield?

As of Oct 18, 2026, MBINN's forward dividend yield is 7.94%, based on a $1.50 annual dividend and a $18.90 share price.

What is MBINN's dividend per share?

As of Oct 18, 2026, MBINN pays $1.50 per share per year, distributed on a quarterly basis.

How many years has MBINN grown its dividend?

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

When is the next MBINN ex-dividend date?

As of Oct 18, 2026, MBINN's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.38 per share.

Income Calculator

At $1.50 / yr per share

Per payment (quarterly)$37.50
Annual$150.00
Monthly avg$12.50

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