---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-125508"
form_type: "8-K"
ticker: "MBIN"
cik: "0001629019"
company_name: "Merchants Bancorp"
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T08:42:40.766531+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Merchants Bancorp corrects Series B preferred dividend to $24.35/share, reaffirms Jan 2 redemption

## Summary
- Corrected Series B preferred dividend to $24.35 per share ($0.60875 per depositary share) due to floating rate adjustment effective Oct 1, 2024.
- Dividend payable January 2, 2025 to shareholders of record December 13, 2024.
- Series B preferred stock redemption remains scheduled for January 2, 2025 as previously announced on November 26, 2024.

## SEC filing metadata
- accession: 0001104659-24-125508
- form_type: 8-K
- ticker: MBIN
- cik: 0001629019
- company_name: Merchants Bancorp
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1629019/000110465924125508/0001104659-24-125508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1629019/000110465924125508/tm2430171d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-125508
- JSON: https://secwatch.observer/filing/0001104659-24-125508.json
- Plain text: https://secwatch.observer/filing/0001104659-24-125508.txt

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