---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-121016"
form_type: "8-K"
ticker: "MBIN"
cik: "0001629019"
company_name: "Merchants Bancorp"
filed_at: "2024-11-20T23:59:59+00:00"
generated_at: "2026-05-29T21:50:53.109122+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Merchants Bancorp declares Q4 2024 dividends; Series B preferred rate reset to 9.42%

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-121016
- form_type: 8-K
- ticker: MBIN
- cik: 0001629019
- company_name: Merchants Bancorp
- filed_at: 2024-11-20T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1629019/000110465924121016/0001104659-24-121016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1629019/000110465924121016/tm2428982d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-121016
- JSON: https://secwatch.observer/filing/0001104659-24-121016.json
- Plain text: https://secwatch.observer/filing/0001104659-24-121016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.