Merchants Bancorp: A Shift to the Floating Preferred Option (MBIN)

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About my writing: I currently focus on income investing through common stocks, preferred stocks, or bonds. Every once in a while I stop and write about the economy in general or a special situation involving a company I've been researching. My goal is to publish two articles per week on Mondays and Tuesdays. About my experience: Bachelor's degree in history/political science, Master's degree in Business Administration with a concentration in Finance and Economics. I enjoy numbers. I have been investing since 2000. Professionally, I am the CEO of an independent living retirement community in Illinois.

Analyst Disclosure: I/we have a beneficial long position in MBINO stock, whether through share ownership, options or other derivatives. I wrote this article myself and it expresses my own opinions. I don't receive any compensation for it (aside from Seeking Alpha). I have no business relationship with any company whose shares are mentioned in this article.

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