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Mercantile Bank Corp. (MBWM)
NASDAQ:MBWM
Dividend Data
Next Ex-Dividend Date
Jun 06, 2025Payment date
Jun 18, 2025
Jun 18, 2025
Dividend Amount Per Share
$1.439Quarterly
Dividend Yield
3.13%Sector: Financial
Sector Average: 1.413%
Sector Average: 1.413%
Payout Ratio
29.85%Dividend Growth
6 years Since 2019
Moderate Buy
Last 3 Months
MBWM Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
Jun 06, 2025 | Jun 06, 2025 | Jun 18, 2025 | Quarterly | ― | $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 |
Nov 30, 2023 | Dec 01, 2023 | Dec 13, 2023 | Quarterly | Oct 12, 2023 | $0.34 |
Aug 31, 2023 | Sep 01, 2023 | Sep 13, 2023 | Quarterly | Jul 13, 2023 | $0.34 |
Jun 01, 2023 | Jun 02, 2023 | Jun 14, 2023 | Quarterly | Apr 18, 2023 | $0.33 |
Mar 02, 2023 | Mar 03, 2023 | Mar 15, 2023 | Quarterly | Jan 12, 2023 | $0.33 |
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 $1.439 per share. MBWM's annual dividend yield is 3.13%.
When is Mercantile Bank Corp. ex-dividend date?
Mercantile Bank's upcoming ex-dividend date is on Jun 06, 2025. Mercantile Bank shareholders who own MBWM stock before this date will receive Mercantile Bank's next dividend payment of $1.44 per share on Jun 18, 2025. Add MBWM to your watchlist to be reminded before Mercantile Bank's ex-dividend date.
When is Mercantile Bank Corp. dividend payment date?
Mercantile Bank's next dividend payment date is on Jun 18, 2025, when Mercantile Bank shareholders who own MBWM shares before Jun 06, 2025 will receive a dividend payment of $1.44 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 $1.21, and their annual dividend per share is $1.46. MBWM's dividend payout ratio is 29.85% ($1.46/$1.21) which is sustainable.