MBWM Dividend History
Mercantile Bank Corporation
$58.42
-$0.19(-0.32%)
71
Overall
100
Value
63
Tech
50
Quality
Market Cap
$1.01B
Volume
124.21K
52W Range
$42.88 - $62.95
Target Price
$63.17
MBWM dividend: Mercantile Bank Corporation has a trailing dividend yield of 2.67% at $58.42. Below are the full payment history, ex-dividend dates and dividend growth. Use the MBWM dividend calculator to model income and reinvestment with your own assumptions.
MBWM Dividend History
- Annual dividend (TTM)
- $1.56
- Dividend yield (TTM)
- 2.67%
- Frequency
- Quarterly
- Last ex-dividend date
- Sep 4, 2026
- Last payment date
- Sep 16, 2026
- Record date
- Sep 4, 2026
- Declaration date
- Jul 16, 2026
- Payout ratio
- 26.7%
- Consecutive years of growth
- 22
| Year | Total per share |
|---|---|
| 2026 | $1.18 |
| 2025 | $1.50 |
| 2024 | $1.42 |
| 2023 | $1.34 |
| 2022 | $1.26 |
| 2021 | $1.18 |
| 2020 | $1.12 |
| 2019 | $1.06 |
| 2018 | $0.93 |
| 2017 | $0.74 |
| Ex-dividend date | Amount | Pay date |
|---|---|---|
| Sep 4, 2026 | $0.40 | Sep 16, 2026 |
| Jun 5, 2026 | $0.39 | Jun 17, 2026 |
| Mar 6, 2026 | $0.39 | Mar 18, 2026 |
| Dec 5, 2025 | $0.38 | Dec 17, 2025 |
| Sep 5, 2025 | $0.38 | Sep 17, 2025 |
| Jun 6, 2025 | $0.37 | Jun 18, 2025 |
| Mar 7, 2025 | $0.37 | Mar 19, 2025 |
| Dec 6, 2024 | $0.36 | Dec 18, 2024 |
| Sep 6, 2024 | $0.36 | Sep 18, 2024 |
| Jun 7, 2024 | $0.35 | Jun 19, 2024 |
| Feb 29, 2024 | $0.35 | Mar 13, 2024 |
| Nov 30, 2023 | $0.34 | Dec 13, 2023 |
| Aug 31, 2023 | $0.34 | Sep 13, 2023 |
| Jun 1, 2023 | $0.33 | Jun 14, 2023 |
| Mar 1, 2023 | $0.33 | Mar 15, 2023 |
| Dec 1, 2022 | $0.32 | Dec 14, 2022 |
| Sep 1, 2022 | $0.32 | Sep 14, 2022 |
| Jun 2, 2022 | $0.31 | Jun 15, 2022 |
| Mar 3, 2022 | $0.31 | Mar 16, 2022 |
| Dec 2, 2021 | $0.30 | Dec 15, 2021 |
| Sep 2, 2021 | $0.30 | Sep 15, 2021 |
| Jun 3, 2021 | $0.29 | Jun 16, 2021 |
| Mar 4, 2021 | $0.29 | Mar 17, 2021 |
| Dec 3, 2020 | $0.28 | Dec 16, 2020 |
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Symbol | Price | Change | Vol |
| 2 | MBWM | $58.42 | -0.3% | 124.21K |
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 |
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