secwatch.observer — SEC 8-K summary
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Issuer:     Merchants Bancorp (MBIN)
CIK:        0001629019
Form:       8-K
Filed at:   2024-11-20T23:59:59+00:00
Accession:  0001104659-24-121016
Event type: dividend
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1629019/000110465924121016/0001104659-24-121016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1629019/000110465924121016/tm2428982d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-121016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer