Press Release

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Company Release - 5/16/2019 4:05 PM ET

CARMEL, Ind., May 16, 2019 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that the Board of Directors declared a quarterly cash dividend for the second quarter of 2019 of $0.07 per share on the Company's outstanding shares of common stock. 

(PRNewsfoto/Merchants Bancorp)

The Board of Directors also declared a quarterly cash dividend for the second quarter of 2019 of $0.4375 per share on the Company's outstanding shares of 7% Series A preferred stock. 

All dividends are payable July 1, 2019, to shareholders of record on June 15, 2019.

ABOUT MERCHANTS BANCORP
Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business with a focus on Federal Housing Administration ("FHA") multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.  Merchants Bancorp, with $4.0 billion in assets and $3.1 billion in deposits as of March 31, 2019, conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, and Merchants Mortgage, a division of Merchants Bank of Indiana. For more information and financial data, please visit Merchants' Investor Relations page at investors.merchantsbankofindiana.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/merchants-bancorp-declares-quarterly-common-and-preferred-dividends-300851984.html

SOURCE Merchants Bancorp

You are leaving merchantsbankofindiana.com

You are now leaving the merchantsbankofindiana.com site and being redirected to the website: . Note that the third party's privacy policy and security practices apply and may differ from Merchants Bank of Indiana standards. Merchants Bank of Indiana assumes no responsibility for, nor does it control, endorse or guarantee any aspect of, your use of this linked site.

Cancel Continue to External Site