Mercantile Bank Corporation (MBWM) Dividend Calculator

Q: What is MBWM's dividend yield?

Mercantile Bank Corporation (MBWM) has a current dividend yield of 1.60% with an annual dividend per share of $1.54.

Q: When is the next MBWM ex-dividend date?

The most recent ex-dividend date for MBWM was Sep 4, 2026. Check back for the next scheduled date.

Calculate projected dividend income for Mercantile Bank Corporation. Current yield: 1.60%, DPS: $1.54.

Share Price

$61.56

Dividend Yield

1.60%

Annual DPS

$1.54

Frequency

Quarterly

MBWM Stock Page →Dividend History

Payout Ratio

26.69%

Growth Streak

22 years

Ex-Dividend Date

Sep 4, 2026

Pay Date

Jun 17, 2026

Dividend Income Calculator

Number of Shares

Share Price ($)

Dividend Yield (%)

Monthly Contribution ($)

Dividend Growth Rate (%)

Share Price Growth (%)

Tax Rate (%)

Years

Reinvest Dividends (DRIP)

MBWM Dividend Per Share History

Recent Dividend Payments

Ex-Date	Amount	Type	Frequency	Pay Date
Jun 5, 2026	$0.3900	Regular	Q	Jun 17, 2026
Mar 6, 2026	$0.3900	Regular	Q	Mar 18, 2026
Dec 5, 2025	$0.3800	Regular	Q	Dec 17, 2025
Sep 5, 2025	$0.3800	Regular	Q	Sep 17, 2025
Jun 6, 2025	$0.3700	Regular	Q	Jun 18, 2025
Mar 7, 2025	$0.3700	Regular	Q	Mar 19, 2025
Dec 6, 2024	$0.3600	Regular	Q	Dec 18, 2024
Sep 6, 2024	$0.3600	Regular	Q	Sep 18, 2024
Jun 7, 2024	$0.3500	Regular	Q	Jun 19, 2024
Feb 29, 2024	$0.3500	Regular	Q	Mar 13, 2024
Nov 30, 2023	$0.3400	Regular	Q	Dec 13, 2023
Aug 31, 2023	$0.3400	Regular	Q	Sep 13, 2023
Jun 1, 2023	$0.3300	Regular	Q	Jun 14, 2023
Mar 1, 2023	$0.3300	Regular	Q	Mar 15, 2023
Dec 1, 2022	$0.3200	Regular	Q	Dec 14, 2022
Sep 1, 2022	$0.3200	Regular	Q	Sep 14, 2022
Jun 2, 2022	$0.3100	Regular	Q	Jun 15, 2022
Mar 3, 2022	$0.3100	Regular	Q	Mar 16, 2022
Dec 2, 2021	$0.3000	Regular	Q	Dec 15, 2021
Sep 2, 2021	$0.3000	Regular	Q	Sep 15, 2021

Frequently Asked Questions

Does MBWM pay dividends?

Yes, Mercantile Bank Corporation (MBWM) pays dividends on a quarterly basis. The current dividend yield is 1.60% with an annual dividend per share of $1.54.

What is MBWM's dividend yield?

Mercantile Bank Corporation has a current dividend yield of 1.60%. The payout ratio is 26.69%.

When is the next MBWM ex-dividend date?

The most recent ex-dividend date for MBWM was Sep 4, 2026. The payment date is Jun 17, 2026.

MBWM Stock Page

Full analysis of Mercantile Bank Corporation

MBWM Dividends

Complete dividend history and analysis

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