MFGIOTC Markets OTCID
Merchants Financial Group, Inc.
$38.60
ListedOct 7, 2003
SectorFinancial Services
IndustryBanks — Regional
CountryUnited States
Employees-
StateMN| CityWinona| Address102 East Third Street| Phone507 457 1100
Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and companies in the United States. The company offers deposit products, including checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It also provides loans, such as personal, home equity, commercial, agriculture, small business, mortgage, and construction loans, as well as floor plan financing and mortgage products, as well as debit, gift, travel, and credit cards. In addition, the company offers treasury management, investment, trust, and mobile and online banking services. It operates branches in Winona, Goodview, Rushford, Lanesboro, St. Charles, Rochester, La Crescent, Caledonia, Spring Grove, Cannon Falls, Red Wing, Hastings, Apple Valley, Lakeville, Cottage Grove, Rosemount, and Northfield in Minnesota; and Onalaska and Eau Claire, Wisconsin. Merchants Financial Group, Inc. was founded in 1875 and is headquartered in Winona, Minnesota.

Key Indicators

Key financial and dividend metrics for this stock.

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P/E Ratio
8.8
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Div. Rate
$0.85
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Div. Yield
2.24%
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Payout Ratio
18.29%
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Max Consec. Div. Years
23 years
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Longest Consec. Div.
22 years
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Div. Coverage
100%
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Div. Stability Rate
0.13
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Div. Growth Rate
100.00%
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Score
96

Dividend History

Historical dividend payments by ex-dividend date.

May 22, 2026
$ 0.4400
Nov 21, 2025
$ 0.4100
May 23, 2025
$ 0.3800
Nov 22, 2024
$ 0.3600
May 16, 2024
$ 0.3600
Nov 16, 2023
$ 0.3600
May 18, 2023
$ 0.3400
Nov 17, 2022
$ 0.3300
May 19, 2022
$ 0.3000
Nov 18, 2021
$ 0.2833
May 20, 2021
$ 0.2667
Nov 19, 2020
$ 0.2500
May 21, 2020
$ 0.2500
Nov 21, 2019
$ 0.2500
May 16, 2019
$ 0.2333
Nov 15, 2018
$ 0.2333
May 17, 2018
$ 0.2033
Feb 8, 2018
$ 0.3333
Nov 16, 2017
$ 0.1867
May 17, 2017
$ 0.1867
Nov 16, 2016
$ 0.1867
May 18, 2016
$ 0.1833
Nov 18, 2015
$ 0.1767
May 13, 2015
$ 0.1667
Nov 18, 2014
$ 0.1667
May 14, 2014
$ 0.1500
Nov 18, 2013
$ 0.1500
May 22, 2013
$ 0.1367
Nov 16, 2012
$ 0.1333
May 17, 2012
$ 0.1333
Nov 17, 2011
$ 0.0967
May 20, 2011
$ 0.0933
Nov 10, 2010
$ 0.0900
Jun 29, 2010
$ 0.0900
Nov 13, 2009
$ 0.0900
May 19, 2009
$ 0.0900
Nov 14, 2008
$ 0.0900
May 16, 2008
$ 0.0867
Nov 16, 2007
$ 0.0867
May 18, 2007
$ 0.0867
Nov 20, 2006
$ 0.0867
May 18, 2006
$ 0.0833
Nov 16, 2005
$ 0.0833
May 20, 2005
$ 0.0800
Nov 17, 2004
$ 0.0800
May 20, 2004
$ 0.0800
Nov 12, 2003
$ 0.0800

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