dividend
confidence high
sentiment neutral
materiality 0.40
Merchants Bancorp declares Q4 2024 dividends; Series B preferred rate reset to 9.42%
Merchants Bancorp
- Common dividend of $0.09/share, payable Jan 2, 2025 to holders of record Dec 13, 2024.
- Series B preferred dividend $23.56/share ($0.59/depositary) after rate reset from 6% to 9.42% effective Oct 1, 2024.
- Series C (6%) preferred dividend $15.00/share ($0.375/depositary); Series D (8.25%) $20.625/share ($0.5156/depositary).
- All dividends payable Jan 2, 2025; record date Dec 13, 2024.