Merchants Bancorp ( MBIN ) will begin trading ex-dividend on March 14, 2018. A cash dividend payment of $0.06 per share is scheduled to be paid on April 02, 2018. Shareholders who purchased MBIN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment.
The previous trading day's last sale of MBIN was $22.14, representing a -3.53% decrease from the 52 week high of $22.95 and a 36.08% increase over the 52 week low of $16.27.
MBIN is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co ( JPM ) and Bank of America Corporation ( BAC ). Zacks Investment Research reports MBIN's forecasted earnings growth in 2018 as 6.26%, compared to an industry average of 24.5%.
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