Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
46.36
+0.38 (0.83%)
At close: Jun 27, 2025, 4:00 PM
46.34
-0.02 (-0.04%)
After-hours: Jun 27, 2025, 4:34 PM EDT
Mercantile Bank Dividend Information
Mercantile Bank has an annual dividend of $1.48 per share, with a yield of 3.43%. The dividend is paid every three months and the last ex-dividend date was Jun 6, 2025.
Dividend Yield
3.43%
Annual Dividend
$1.48
Ex-Dividend Date
Jun 6, 2025
Payout Frequency
Quarterly
Payout Ratio
30.42%
Dividend Growth(1Y)
5.80%
Growth Years
5
Buyback Yield
-0.65%
Shareholder Yield
2.54%
Dividend History
| Ex-Dividend Date | Cash Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 3, 2021 | $0.290 | Jun 16, 2021 |
| Mar 4, 2021 | $0.290 | Mar 17, 2021 |
| Dec 3, 2020 | $0.280 | Dec 16, 2020 |
| Sep 3, 2020 | $0.280 | Sep 16, 2020 |
* Dividend amounts are adjusted for stock splits when applicable.