secwatch.observer — SEC 8-K summary
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Issuer:     Merchants Bancorp (MBIN)
CIK:        0001629019
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0001104659-22-062883
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Merchants Bancorp declares quarterly dividends; shareholders approve increase in authorized shares
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- Quarterly common dividend of $0.07 per share, payable July 1, 2022 to holders of record June 15, 2022.
- Preferred dividends: $0.4375 on Series A, and $15.00 per share on Series B and C (equivalent to $0.375 per depositary share).
- Shareholders approved increase in authorized shares from 55M to 80M total, common from 50M to 75M.
- All 11 director nominees were elected at the annual meeting on May 19, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1629019/000110465922062883/0001104659-22-062883-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1629019/000110465922062883/tm2215985d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-062883

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