MBWM · Mercantile Bank Corp · Dividend History & Yield
$60.33
-0.35 (-0.58%)
At close · Oct 28
Return incl. dividend (before tax)
Q3 2026 earnings call transcript
Market Cap
$1.05B
Shares
17.29M
Volume · Oct 28
122.83K
Avg daily vol (3M)
115.17K
Every cash dividend on file for this share class, by ex-dividend date: the amount per share, yearly totals, year-over-year growth and the trailing yield.
Latest Dividend
$0.40
ex-date Sep 4, 2026
· raised 2.6%
Declared, Upcoming
$0.40
ex-date Dec 4, 2026
Dividend Yield (TTM, derived)
2.59%
$1.56 / share over 4 payouts
Years Paid in a Row
7
Quarterly payer
· record starts Mar 2020
Dividends per Share by Year
| Year | Payments | Total per Share | Change | Relative size |
|---|---|---|---|---|
| 2026 · year to date | 3 | $1.18 | — | |
| 2025 | 4 | $1.50 | +5.6% | |
| 2024 | 4 | $1.42 | +6.0% | |
| 2023 | 4 | $1.34 | +6.3% | |
| 2022 | 4 | $1.26 | +6.8% | |
| 2021 | 4 | $1.18 | — | |
| 2020 · first year on file | 4 | $1.12 | — |
Dividend History
| Ex-Dividend Date | Amount per Share |
|---|---|
| Dec 4, 2026 declared | $0.40 |
| Sep 4, 2026 | $0.40 |
| Jun 5, 2026 | $0.39 |
| Mar 6, 2026 | $0.39 |
| Dec 5, 2025 | $0.38 |
| Sep 5, 2025 | $0.38 |
| Jun 6, 2025 | $0.37 |
| Mar 7, 2025 | $0.37 |
| Dec 6, 2024 | $0.36 |
| Sep 6, 2024 | $0.36 |
| Jun 7, 2024 | $0.35 |
| Feb 29, 2024 | $0.35 |
| Nov 30, 2023 | $0.34 |
| Aug 31, 2023 | $0.34 |
| Jun 1, 2023 | $0.33 |
| Mar 2, 2023 | $0.33 |
| Dec 1, 2022 | $0.32 |
| Sep 1, 2022 | $0.32 |
| Jun 2, 2022 | $0.31 |
| Mar 3, 2022 | $0.31 |
| Dec 2, 2021 | $0.30 |
| Sep 2, 2021 | $0.30 |
| Jun 3, 2021 | $0.29 |
| Mar 4, 2021 | $0.29 |
| Dec 3, 2020 | $0.28 |
| Sep 3, 2020 | $0.28 |
| Jun 4, 2020 | $0.28 |
| Mar 5, 2020 | $0.28 |
History on file starts Mar 5, 2020; earlier payments, if any, are not in this record.
Key facts
CIK
1042729
CUSIP
587376104
13F (30d)
44 filings
43 filers
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