---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-114085"
form_type: "8-K"
ticker: "MBIN"
cik: "0001629019"
company_name: "Merchants Bancorp"
filed_at: "2025-11-19T23:59:59+00:00"
generated_at: "2026-05-16T18:28:27.015512+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Merchants Bancorp declares Q4 dividends: common $0.10, preferred as stated

## Summary
- Common dividend $0.10 per share, payable Jan 2, 2026 to holders of record Dec 15, 2025.
- Series C preferred dividend $15.00 per share ($0.375 per depositary share).
- Series D preferred dividend $20.625 per share ($0.5156 per depositary share).
- Series E preferred dividend $19.06 per share ($0.4765 per depositary share).
- Dividend rates unchanged from prior quarter for all series.

## SEC filing metadata
- accession: 0001104659-25-114085
- form_type: 8-K
- ticker: MBIN
- cik: 0001629019
- company_name: Merchants Bancorp
- filed_at: 2025-11-19T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1629019/000110465925114085/0001104659-25-114085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1629019/000110465925114085/tm2531640d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-114085
- JSON: https://secwatch.observer/filing/0001104659-25-114085.json
- Plain text: https://secwatch.observer/filing/0001104659-25-114085.txt

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