Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
51.97
+0.70 (1.37%)
At close: Apr 28, 2026, 4:00 PM EDT
51.07
-0.90 (-1.73%)
After-hours: Apr 28, 2026, 7:33 PM EDT
Mercantile Bank Dividend Information
Mercantile Bank has an annual dividend of $1.56 per share, with a yield of 3.00%. The dividend is paid every three months and the next ex-dividend date is Jun 5, 2026.
Dividend Yield
3.00%
Annual Dividend
$1.56
Ex-Dividend Date
Jun 5, 2026
Payout Frequency
Quarterly
Payout Ratio
27.65%
Dividend Growth(1Y)
5.48%
Growth Years
6
Buyback Yield
-2.15%
Shareholder Yield
0.85%
Dividend History
| Ex-Dividend Date | Cash Amount | Pay Date |
|---|---|---|
| 2026-06-05 | $0.390 | 2026-06-17 |
| 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 |
* Dividend amounts are adjusted for stock splits when applicable.