Mercantile Bank Corporation - Dividend History
MBWM
Price:
$53.75
Market Cap:
$928.50M
Mercantile Bank Corporation serves as the parent holding company for Mercantile Bank of Michigan, providing a full spectrum of commercial and personal banking solutions to small and mid-sized businesses, as well as individual customers, across the United States. The institution facilitates a diverse range of deposit offerings, including checking, savings, term certificates, time deposits, and certificates of deposit (CDs). Its extensive lending portfolio encompasses commercial and industrial financing; loans for vacant land, property development, and new home construction; mortgages for both owner-occupied and investment real estate (such as multi-family and rental properties); single-family...[Read more]
Industry
Banks - Regional
IPO Date
1999-07-20
Stock Exchange
NASDAQ
Ticker
MBWM
PE Ratio
[9.63]
ROE
[13.36%]
Current Ratio
[0.22]
Dividend Yield
[2.87%]
Enterprise Value
[1.58B]
Dividend History
MBWM Dividend History Overview
Dividends are a key part of long-term returns for investors, and Mercantile Bank Corporation (MBWM) has a track record worth reviewing. Looking at dividend history for MBWM gives you an idea of how consistent the dividends have been and what you might expect in the future.
Ex-Dividend Date
2026-06-05
Dividend Yield
2.87%
Annual Dividend
$0.39
P/E Ratio
9.63
Payout Ratio
0.27
Dividend per Share
$1.54
EPS
5.58
| Ex-Date/EFF Date | Dividend Amount | Adjusted Dividend | Payment Date | Declaration Date |
|---|---|---|---|---|
| 2026-06-05 | $0.39 | $0.39 | 2026-06-17 | 2026-04-16 |
| 2026-03-06 | $0.39 | $0.39 | 2026-03-18 | 2026-01-15 |
| 2025-12-05 | $0.38 | $0.38 | 2025-12-17 | 2025-10-16 |
| 2025-09-05 | $0.38 | $0.38 | 2025-09-17 | 2025-07-17 |
| 2025-06-06 | $0.37 | $0.37 | 2025-06-18 | 2025-04-17 |
| 2025-03-07 | $0.37 | $0.37 | 2025-03-19 | 2025-01-16 |
| 2024-12-06 | $0.36 | $0.36 | 2024-12-18 | 2024-10-10 |
| 2024-09-06 | $0.36 | $0.36 | 2024-09-18 | 2024-07-11 |
| 2024-06-07 | $0.35 | $0.35 | 2024-06-19 | 2024-04-11 |
| 2024-02-29 | $0.35 | $0.35 | 2024-03-13 | 2024-01-11 |
| 2023-11-30 | $0.34 | $0.34 | 2023-12-13 | 2023-10-12 |
Mercantile Bank Corporation (MBWM) Dividend History Chart
The table below shows Mercantile Bank Corporation (MBWM) dividend history over the years, including the amount per share, the payout date, and any adjustments for stock splits.
Mercantile Bank Corporation (MBWM) Dividend Growth
Mercantile Bank Corporation (MBWM) dividend history also allows you to track its dividend growth over time. This gives you insight into how the company’s earnings and payout ratios have evolved. Tracking this growth can help you gauge the stock's potential for future income.
Other Popular Dividend Stocks
Check out the dividend history of other popular stocks:
| Stock name | Dividend yield |
|---|---|
| Northeast Bank (NBN) | 0.00% |
| Business First Bancshares, Inc. (BFST) | 0.02% |
| CNB Financial Corporation (CCNE) | 0.02% |
| Amerant Bancorp Inc. (AMTB) | 0.02% |
| HBT Financial, Inc. (HBT) | 0.03% |
| TrustCo Bank Corp NY (TRST) | 0.03% |
| Metropolitan Bank Holding Corp. (MCB) | 0.01% |
| HomeTrust Bancshares, Inc. (HTB) | 0.01% |
| Horizon Bancorp, Inc. (HBNC) | 0.03% |
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Frequently asked questions❓
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