Merchants Bancorp increases quarterly common dividend by 11% to 10c

Merchants Bancorp (MBIN) declared quarterly cash dividends for Q1, to shareholders of record on March 14, payable on April 1: a dividend of 10c per share on the company’s outstanding shares of its common stock; a dividend of $15.00 per share on the company’s outstanding shares of its 6% Series C preferred stock; a dividend of $20.625 per share on the company’s outstanding shares of its 8.25% Series D preferred tock; a dividend of $19.06 per share on the company’s outstanding shares of its Series E preferred stock.