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Merchants Bancorp's (MBIN) Overweight Rating Reiterated at Piper Sandler

Piper Sandler reaffirmed their overweight rating on shares of Merchants Bancorp (NASDAQ:MBIN – Free Report) in a research note released on Friday, Benzinga reports. Piper Sandler currently has a $58.50 price objective on the stock, up from their prior price objective of $53.00. Separately, Raymond James boosted their target price on Merchants Bancorp from $44.00 […] ....

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Merchants Bancorp (NASDAQ:MBIN) Declares Quarterly Dividend of $0.09

Merchants Bancorp (NASDAQ:MBIN – Get Free Report) announced a quarterly dividend on Wednesday, February 14th, Zacks reports. Stockholders of record on Friday, March 15th will be paid a dividend of 0.09 per share on Monday, April 1st. This represents a $0.36 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Thursday, March […] ....

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