Merchants Bancorp Declares Quarterly Dividends, Common $0.11

What Happened

• On August 20, 2026 Merchants Bancorp (MBIN) announced that its Board of Directors declared quarterly cash dividends. The dividends are payable October 1, 2026 to shareholders of record on September 15, 2026. The company filed an Form 8-K reporting the announcement.

Key Details

• Common stock dividend: $0.11 per share.
• 6% Series C preferred: $15.00 per share (equivalent to $0.375 per depositary share).
• 8.25% Series D preferred: $20.625 per share (equivalent to $0.5156 per depositary share).
• 7.625% Series E preferred: $19.06 per share (equivalent to $0.4765 per depositary share).

Why It Matters

• The declaration confirms cash returns to both common and preferred shareholders and provides a clear payment and record date for income planning.
• For common-stock investors, the $0.11 dividend is the immediate cash payout; for preferred holders, the stated per-share amounts reflect the ongoing fixed-income characteristics of those series.
• This is a board-authorized distribution of cash; the 8-K is a formal disclosure to investors and the market of the dividend amounts and timing.