Merchants Bancorp - Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stoc (MBINM) Dividends & Splits

Merchants Bancorp - Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred Stock (MBINM) offers regular dividends to its shareholders. The dividend is paid on a fixed-rate basis of 8.25% per annum. These dividends are non-cumulative, which means that any missed dividend payments will not accumulate and be paid in the future. Each depositary share represents a 1/40th interest in a share of the preferred stock. The stock is perpetual, meaning there is no maturity or expiration date.

The dividend yield of MBINM is a measure of the dividend income in relation to the stock price. It is calculated by dividing the annual dividend by the stock price. The dividend yield can fluctuate based on changes in the stock price. The dividend yield range for MBINM may vary over time.