Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
50.86
+0.18 (0.36%)
Apr 24, 2026, 1:23 PM EDT - Market open
Mercantile Bank Dividend Information
Mercantile Bank has an annual dividend of $1.56 per share, with a yield of 3.08%. The dividend is paid every three months and the next ex-dividend date is Jun 5, 2026.
Dividend Yield
3.08%
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
0.93%
Dividend History
| Ex-Dividend Date | Cash Amount | Pay Date |
|---|---|---|
| Jun 5, 2026 | $0.390 | Jun 17, 2026 |
| Mar 6, 2026 | $0.390 | Mar 18, 2026 |
| Dec 5, 2025 | $0.380 | Dec 17, 2025 |
| Sep 5, 2025 | $0.380 | Sep 17, 2025 |
| Jun 6, 2025 | $0.370 | Jun 18, 2025 |
| Mar 7, 2025 | $0.370 | Mar 19, 2025 |
| Dec 6, 2024 | $0.360 | Dec 18, 2024 |
| Sep 6, 2024 | $0.360 | Sep 18, 2024 |
| Jun 7, 2024 | $0.350 | Jun 19, 2024 |
| Feb 29, 2024 | $0.350 | Mar 13, 2024 |
| Nov 30, 2023 | $0.340 | Dec 13, 2023 |
| Aug 31, 2023 | $0.340 | Sep 13, 2023 |
| Jun 1, 2023 | $0.330 | Jun 14, 2023 |
| Mar 2, 2023 | $0.330 | Mar 15, 2023 |
| Dec 1, 2022 | $0.320 | Dec 14, 2022 |
| Sep 1, 2022 | $0.320 | Sep 14, 2022 |
| Jun 2, 2022 | $0.310 | Jun 15, 2022 |
| Mar 3, 2022 | $0.310 | Mar 16, 2022 |
| Dec 2, 2021 | $0.300 | Dec 15, 2021 |
| Sep 2, 2021 | $0.300 | Sep 15, 2021 |
* Dividend amounts are adjusted for stock splits when applicable.