Mercantile Bank Corporation (MBWM) Dividend Calculator
Calculate projected dividend income for Mercantile Bank Corporation. Current yield: 1.56%, DPS: $1.4.
Share Price
$51.97
Dividend Yield
1.56%
Annual DPS
$1.4
Frequency
Quarterly
Payout Ratio
27.01%
Growth Streak
22 years
Ex-Dividend Date
Mar 6, 2026
Pay Date
Mar 18, 2026
Dividend Income Calculator
Recent Dividend Payments
| Ex-Date | Amount | Type | Frequency | Pay Date |
|---|---|---|---|---|
| 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 2, 2023 | $0.3300 | Regular | N/A | N/A |
| 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 1.56% with an annual dividend per share of $1.4.
What is MBWM's dividend yield?
Mercantile Bank Corporation has a current dividend yield of 1.56%. The payout ratio is 27.01%.
When is the next MBWM ex-dividend date?
The most recent ex-dividend date for MBWM was Mar 6, 2026. The payment date is Mar 18, 2026.