Merchants Bancorp (MBIN) Announces $0.06 Quarterly Dividend
Merchants Bancorp (NASDAQ:MBIN) announced a quarterly dividend on Thursday, November 15th, Wall Street Journal reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.06 per share on Monday, December 31st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Thursday, December 13th.
Merchants Bancorp stock opened at $20.98 on Friday. Merchants Bancorp has a twelve month low of $18.51 and a twelve month high of $29.15. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.73 and a current ratio of 1.03. The stock has a market capitalization of $619.79 million, a PE ratio of 10.59 and a beta of 0.69.
Merchants Bancorp (NASDAQ:MBIN) last posted its earnings results on Tuesday, October 30th. The company reported $0.55 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.55. Merchants Bancorp had a net margin of 38.21% and a return on equity of 17.63%. The firm had revenue of $35.39 million for the quarter, compared to the consensus estimate of $35.10 million. On average, equities analysts forecast that Merchants Bancorp will post 2.11 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION NOTICE: “Merchants Bancorp (MBIN) Announces $0.06 Quarterly Dividend” was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.watchlistnews.com/merchants-bancorp-mbin-announces-0-06-quarterly-dividend/2670277.html.
Merchants Bancorp Company Profile
Merchants Bancorp operates as a diversified bank holding company in the United States. It operates in three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities.
See Also: Google Finance Portfolio Workaround
Receive News & Ratings for Merchants Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merchants Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.