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MFGI Projected Dividend Yield

Merchants Financial Group Inc ( OTCBB : MFGI )

Merchants Financial Group is a bank holding company for (the Banks): Merchants Bank, National Association - Winona; Merchants Bank, National Association - La Crescent; and Merchants Bank, National Association - Caledonia. The Banks provide retail, commercial loan and deposit services principally to customers within a 50-mile radius of the Banks' locations. In addition, Merchants Bank, Winona's leasing subsidiary, Merchants Capital Resources, Inc. operates in the Minneapolis-St. Paul metropolitan area. Co.'s subsidiary, Winona County Abstract Company, Inc provides real estate title and abstracting services.At Dec 31 2008, Co had total assets of $937.9 million and deposits of $730.7 million.

31 YEAR PERFORMANCE RESULTS

MFGI Dividend History Detail
MFGI Dividend News
MFGI Competitors News

# of Shares: 0

Closing Price: 22.94

Current Market Value: 0.00

Cost Basis: 0.00

Date Acquired:

Dividend Cash Flow
Year	Annual Dividend	Dividend Growth	# of Shares	Annual Dividend Income	Yield On Cost %
2004	0.08	0%	0	$ 0.00	0.00%
2005	0.16	104%	0	$ 0.00	0.00%
2006	0.17	4%	0	$ 0.00	0.00%
2007	0.17	2%	0	$ 0.00	0.00%
2008	0.18	2%	0	$ 0.00	0.00%
2009	0.18	2%	0	$ 0.00	0.00%
2010	0.18	0%	0	$ 0.00	0.00%
2011	0.19	6%	0	$ 0.00	0.00%
2012	0.27	40%	0	$ 0.00	0.00%
2013	0.29	7%	0	$ 0.00	0.00%
2014	0.32	10%	0	$ 0.00	0.00%
2015	0.34	8%	0	$ 0.00	0.00%
2016	0.37	8%	0	$ 0.00	0.00%
2017	0.37	1%	0	$ 0.00	0.00%
2018	0.77	106%	0	$ 0.00	0.00%
2019	0.48	0%	0	$ 0.00	0.00%
2020	0.50	3%	0	$ 0.00	0.00%
2021	0.55	10%	0	$ 0.00	0.00%
2022	0.63	15%	0	$ 0.00	0.00%
2023	0.70	11%	0	$ 0.00	0.00%
2025	0.72	3%	0	$ 0.00	3.14%
2026	0.74	3%	0	$ 0.00	3.23%
Using the current years Dividend Growth rate of 3% and projecting 3% forward the annual dividend income in 10/yrs would be $ 0.00 with a yield on cost % of 3.23%
Rolling Last 4 qtrs dividends total $ 0.72 and Previous last 4 qtrs dividends total $ 0.70
Dividend 1 Yr Growth = ( 0.72 – 0.70 ) × 100 = 3% (Click the Edit pencil if you want to modify the forward dividend growth rate projection) 0.70

Year	Declaration Date	Ex-Dividend Date	Record Date	Payable Date	Dividend $ Amount
2024	Oct 22, 2024	Nov 22, 2024	Nov 22, 2024	Dec 20, 2024	0.3600
2024	Apr 23, 2024	May 16, 2024	May 17, 2024	Jun 21, 2024	0.3600
2024 Total:					0.7200
2023	Oct 17, 2023	Nov 16, 2023	Nov 17, 2023	Dec 22, 2023	0.3600
2023	Apr 18, 2023	May 18, 2023	May 19, 2023	Jun 23, 2023	0.3400
2023 Total:					0.7000
2022	Oct 18, 2022	Nov 17, 2022	Nov 18, 2022	Dec 23, 2022	0.3300
2022	Apr 19, 2022	May 19, 2022	May 20, 2022	Jun 17, 2022	0.3000
2022 Total:					0.6300
2021	Oct 19, 2021	Nov 18, 2021	Nov 19, 2021	Dec 17, 2021	0.2833
2021	Apr 20, 2021	May 20, 2021	May 21, 2021	Jun 18, 2021	0.2667
2021 Total:					0.5500
2020	Oct 20, 2020	Nov 19, 2020	Nov 20, 2020	Dec 18, 2020	0.2500
2020	Apr 21, 2020	May 21, 2020	May 22, 2020	Jun 19, 2020	0.2500
2020 Total:					0.5000