Mercantile Bank Corp. (MBWM)
NASDAQ:MBWM
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Mercantile Bank (MBWM) pays a Quarterly dividend. This page shows MBWM’s dividend history, latest dividend amount, dividend yield, ex-dividend date, record date, and dividend payment date.
Dividend Data
Dividend Data
Last Ex-Dividend Date
Jun 05, 2026Payment date
Jun 17, 2026
Jun 17, 2026
Dividend Amount Per Share
$0.38Quarterly
Dividend Yield
3.05%Sector: Financial
Sector Average: 1.303%
Sector Average: 1.303%
Payout Ratio
28.41%Dividend Growth
7 years Since 2019
Moderate Buy
Last 3 Months
Dividend Amount Per Share
Dividend Yield displayed is the dividend yield on the ex. date of the dividend
MBWM Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
Jun 05, 2026 | Jun 05, 2026 | Jun 17, 2026 | Quarterly | Apr 16, 2026 | $0.39 |
Mar 06, 2026 | Mar 06, 2026 | Mar 18, 2026 | Quarterly | Jan 15, 2026 | $0.39 |
Dec 05, 2025 | Dec 05, 2025 | Dec 17, 2025 | Quarterly | Oct 16, 2025 | $0.38 |
Sep 05, 2025 | Sep 05, 2025 | Sep 17, 2025 | Quarterly | Jul 17, 2025 | $0.38 |
Jun 06, 2025 | Jun 06, 2025 | Jun 18, 2025 | Quarterly | Apr 17, 2025 | $0.37 |
Mar 07, 2025 | Mar 07, 2025 | Mar 19, 2025 | Quarterly | Jan 16, 2025 | $0.37 |
Dec 06, 2024 | Dec 06, 2024 | Dec 18, 2024 | Quarterly | Oct 10, 2024 | $0.36 |
Sep 06, 2024 | Sep 06, 2024 | Sep 18, 2024 | Quarterly | Jul 11, 2024 | $0.36 |
Jun 07, 2024 | Jun 07, 2024 | Jun 19, 2024 | Quarterly | Apr 11, 2024 | $0.35 |
Feb 29, 2024 | Mar 01, 2024 | Mar 13, 2024 | Quarterly | Jan 11, 2024 | $0.35 |
FAQ
Does Mercantile Bank Corp. pay dividends?
Yes, MBWM has paid a dividend within the past 12 months.
How much is Mercantile Bank Corp.'s dividend?
MBWM pays a dividend of $0.38 per share. MBWM's annual dividend yield is 3.05%.
When is Mercantile Bank Corp. ex-dividend date?
Mercantile Bank's previous ex-dividend date was on Jun 05, 2026. Mercantile Bank shareholders who own MBWM stock before this date received Mercantile Bank's last dividend payment of $0.38 per share on Dec 17, 2025. MBWM's next ex-dividend date has not been announced yet.
When is Mercantile Bank Corp. dividend payment date?
Mercantile Bank's next quarterly payment date is on Dec 17, 2025, when Mercantile Bank shareholders who owned MBWM shares before Dec 05, 2025 received a dividend payment of $0.38 per share. Add MBWM to your watchlist to be reminded of MBWM's next dividend payment.
Does Mercantile Bank Corp. have sufficient earnings to cover their dividend?
Yes, MBWM's past year earnings per share was $1.32, and their annual dividend per share is $1.50. MBWM's dividend payout ratio is 28.41% ($1.50/$1.32) which is sustainable.