Want to see MBWM full AI Analyst Report?
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
Next Ex-Dividend Date
Sep 04, 2026Payment date
Sep 16, 2026
Sep 16, 2026
Dividend Amount Per Share
$0.4Quarterly
Dividend Yield
2.63%Sector: Financial
Sector Average: 1.256%
Sector Average: 1.256%
Payout Ratio
27.11%Dividend Growth
7 years Since 2019
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 |
|---|---|---|---|---|---|
Sep 04, 2026 | Sep 04, 2026 | Sep 16, 2026 | Quarterly | Jul 16, 2026 | $0.40 |
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 |
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 $0.4 per share. MBWM's annual dividend yield is 2.63%.
When is Mercantile Bank Corp. ex-dividend date?
Mercantile Bank's upcoming ex-dividend date is on Sep 04, 2026. Mercantile Bank shareholders who own MBWM stock before this date will receive Mercantile Bank's next dividend payment of $0.4 per share on Sep 16, 2026. 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 Sep 16, 2026, when Mercantile Bank shareholders who own MBWM shares before Sep 04, 2026 will receive a dividend payment of $0.4 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 $1.5, and their annual dividend per share is $1.56. MBWM's dividend payout ratio is 27.11% ($1.56/$1.5) which is sustainable.