MBIN Ex-Dividend Reminder - 12/12/19

MBIN Ex-Dividend Reminder - 12/12/19

By Dividend Channel Staff, Tuesday, December 10, 10:07 AM ET

On 12/12/19, Merchants Bancorp (Indiana) (NASDAQ: MBIN) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 1/2/20. As a percentage of MBIN's recent stock price of $18.25, this dividend works out to approximately 0.38%.

Below is a dividend history chart for MBIN, showing historical dividends prior to the most recent $0.07 declared by Merchants Bancorp (Indiana):

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MBIN is likely to continue, and whether the current estimated yield of 1.53% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MBIN shares, versus its 200 day moving average:

Looking at the chart above, MBIN's low point in its 52 week range is $14.64 per share, with $24.79 as the 52 week high point — that compares with a last trade of $18.32.Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.

In Tuesday trading, Merchants Bancorp (Indiana) shares are currently down about 0.2% on the day.