Merchants Bancorp (NASDAQ:MBINM – Get Rating) SVP Terry A. Oznick acquired 755 shares of the stock in a transaction on Monday, May 1st. The shares were bought at an average price of $19.69 per share, with a total value of $14,865.95. Following the purchase, the senior vice president now directly owns 755 shares of the company's stock, valued at approximately $14,865.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Merchants Bancorp Trading Down 1.6 %
NASDAQ:MBINM traded down $0.40 during trading hours on Tuesday, reaching $23.89. 10,988 shares of the company traded hands, compared to its average volume of 14,691. The firm has a 50-day moving average price of $25.29. Merchants Bancorp has a 1 year low of $22.34 and a 1 year high of $28.06.
Get Merchants Bancorp alerts:Merchants Bancorp Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, April 3rd. Shareholders of record on Wednesday, March 15th were issued a $0.5156 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date of this dividend was Tuesday, March 14th.
About Merchants Bancorp
(Get Rating)
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities.
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