Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
50.33
-1.21 (-2.36%)
Mar 6, 2026, 4:00 PM EST - Market closed
Mercantile Bank Dividend Information
Mercantile Bank has an annual dividend of $1.56 per share, with a yield of 3.10%. The dividend is paid every three months and the last ex-dividend date was Mar 6, 2026.
Dividend Yield
3.10%
Annual Dividend
$1.56
Ex-Dividend Date
Mar 6, 2026
Payout Frequency
Quarterly
Payout Ratio
27.81%
Dividend Growth(1Y)
5.56%
Growth Years
6
Buyback Yield
-0.66%
Shareholder Yield
2.43%
Dividend History
| Ex-Dividend Date | Cash Amount | Pay Date |
|---|---|---|
| 2026-03-06 | $0.390 | 2026-03-18 |
| 2025-12-05 | $0.380 | 2025-12-17 |
| 2025-09-05 | $0.380 | 2025-09-17 |
| 2025-06-06 | $0.370 | 2025-06-18 |
| 2025-03-07 | $0.370 | 2025-03-19 |
| 2024-12-06 | $0.360 | 2024-12-18 |
| 2024-09-06 | $0.360 | 2024-09-18 |
| 2024-06-07 | $0.350 | 2024-06-19 |
| 2024-02-29 | $0.350 | 2024-03-13 |
| 2023-11-30 | $0.340 | 2023-12-13 |
| 2023-08-31 | $0.340 | 2023-09-13 |
| 2023-06-01 | $0.330 | 2023-06-14 |
| 2023-03-02 | $0.330 | 2023-03-15 |
| 2022-12-01 | $0.320 | 2022-12-14 |
| 2022-09-01 | $0.320 | 2022-09-14 |
| 2022-06-02 | $0.310 | 2022-06-15 |
| 2022-03-03 | $0.310 | 2022-03-16 |
| 2021-12-02 | $0.300 | 2021-12-15 |
| 2021-09-02 | $0.300 | 2021-09-15 |
| 2021-06-03 | $0.290 | 2021-06-16 |
* Dividend amounts are adjusted for stock splits when applicable.