$MBIN·8-K

Merchants Bancorp · Feb 19, 4:06 PM ET

Merchants Bancorp 8-K

Research Summary

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Updated

Merchants Bancorp Declares Quarterly Cash Dividends

What Happened
Merchants Bancorp (MBIN) filed an 8-K on February 19, 2026 announcing that its Board of Directors declared quarterly cash dividends. The declarations cover common stock and three series of preferred stock, with all dividends payable April 1, 2026 to shareholders of record on March 13, 2026.

Key Details

  • Common stock dividend: $0.11 per share.
  • 6% Series C preferred stock: $15.00 per share (equivalent to $0.375 per depositary share).
  • 8.25% Series D preferred stock: $20.625 per share (equivalent to $0.5156 per depositary share).
  • 7.625% Series E preferred stock: $19.06 per share (equivalent to $0.4765 per depositary share).
  • Announcement was made via press release filed February 19, 2026.

Why It Matters
Dividend declarations provide direct income to shareholders and signal the Board’s decision to continue returning cash to investors. Common shareholders will receive a modest quarterly payout, while holders of the listed preferred series receive larger, stated per‑share amounts. The record and payment dates give investors the timing needed to determine eligibility for the April 1, 2026 payment.

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