$50.39
2.75% day before yesterday
Nasdaq, Nov 22, 10:00 pm CET
ISIN
US5873761044
Symbol
MBWM
Sector
Industry

Mercantile Bank Corporation Dividend history 25 years & estimates 2025 to 2026

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Dividend Analysis of the Mercantile Bank Corporation Stock

Current dividend yield 3.33 %
Dividendenrendite 5 Jahre 5.8 %
Dividend Yield 10Y 5.13 %
Payout 3Y 2.08 %

When does Mercantile Bank Corporation pay a dividend?

Mercantile Bank Corporation pays the next dividend on Dec 18 2024 (payday). The ex-day is on Dec 06 2024. The Mercantile Bank Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Mercantile Bank Corporation stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, June, September and December . Dividends from Mercantile Bank Corporation are distributed via March, June, September and December.

Year Dividend Ex-day &
Payday
Frequency
Fiscal Year Dividend per Share Ex-Day Payday Payment frequency
2024
$0.36 Forecast
$0.36 Forecast
Dec 06 2024
Dec 06 2024
Dec 18 2024
Dec 06 24
Dec 18 24
Dec 18 2024
quarterly
quarterly
2024
$0.36
$0.36
Sep 06 2024
Sep 06 2024
Sep 18 2024
Sep 06 24
Sep 18 24
Sep 18 2024
quarterly
quarterly
2024
$0.35
$0.35
Jun 07 2024
Jun 07 2024
Jun 19 2024
Jun 07 24
Jun 19 24
Jun 19 2024
quarterly
quarterly
2024
$0.35
$0.35
Feb 29 2024
Feb 29 2024
Mar 13 2024
Feb 29 24
Mar 13 24
Mar 13 2024
quarterly
quarterly
2023
$0.34
$0.34
Nov 30 2023
Nov 30 2023
Dec 13 2023
Nov 30 23
Dec 13 23
Dec 13 2023
quarterly
quarterly
2023
$0.34
$0.34
Aug 31 2023
Aug 31 2023
Sep 13 2023
Aug 31 23
Sep 13 23
Sep 13 2023
quarterly
quarterly
2023
$0.33
$0.33
Jun 01 2023
Jun 01 2023
Jun 14 2023
Jun 01 23
Jun 14 23
Jun 14 2023
quarterly
quarterly
2023
$0.33
$0.33
Mar 02 2023
Mar 02 2023
Mar 15 2023
Mar 02 23
Mar 15 23
Mar 15 2023
quarterly
quarterly
2022
$0.32
$0.32
Dec 01 2022
Dec 01 2022
Dec 14 2022
Dec 01 22
Dec 14 22
Dec 14 2022
quarterly
quarterly
2022
$0.32
$0.32
Sep 01 2022
Sep 01 2022
Sep 14 2022
Sep 01 22
Sep 14 22
Sep 14 2022
quarterly
quarterly
2022
$0.31
$0.31
Jun 02 2022
Jun 02 2022
Jun 15 2022
Jun 02 22
Jun 15 22
Jun 15 2022
quarterly
quarterly
2022
$0.31
$0.31
Mar 03 2022
Mar 03 2022
Mar 16 2022
Mar 03 22
Mar 16 22
Mar 16 2022
quarterly
quarterly
2021
$0.3
$0.3
Dec 02 2021
Dec 02 2021
Dec 15 2021
Dec 02 21
Dec 15 21
Dec 15 2021
quarterly
quarterly
2021
$0.3
$0.3
Sep 02 2021
Sep 02 2021
Sep 15 2021
Sep 02 21
Sep 15 21
Sep 15 2021
quarterly
quarterly
2021
$0.29
$0.29
Jun 03 2021
Jun 03 2021
Jun 16 2021
Jun 03 21
Jun 16 21
Jun 16 2021
quarterly
quarterly
2021
$0.29
$0.29
Mar 04 2021
Mar 04 2021
Mar 17 2021
Mar 04 21
Mar 17 21
Mar 17 2021
quarterly
quarterly
2020
$0.28
$0.28
Dec 03 2020
Dec 03 2020
Dec 16 2020
Dec 03 20
Dec 16 20
Dec 16 2020
quarterly
quarterly
2020
$0.28
$0.28
Sep 03 2020
Sep 03 2020
Sep 16 2020
Sep 03 20
Sep 16 20
Sep 16 2020
quarterly
quarterly
2020
$0.28
$0.28
Jun 04 2020
Jun 04 2020
Jun 17 2020
Jun 04 20
Jun 17 20
Jun 17 2020
quarterly
quarterly
2020
$0.28
$0.28
Mar 05 2020
Mar 05 2020
Mar 18 2020
Mar 05 20
Mar 18 20
Mar 18 2020
quarterly
quarterly
2019
$0.27
$0.27
Dec 05 2019
Dec 05 2019
Dec 18 2019
Dec 05 19
Dec 18 19
Dec 18 2019
quarterly
quarterly
2019
$0.27
$0.27
Sep 05 2019
Sep 05 2019
Sep 18 2019
Sep 05 19
Sep 18 19
Sep 18 2019
quarterly
quarterly
2019
$0.26
$0.26
Jun 06 2019
Jun 06 2019
Jun 19 2019
Jun 06 19
Jun 19 19
Jun 19 2019
quarterly
quarterly
2019
$0.26
$0.26
Mar 07 2019
Mar 07 2019
Mar 20 2019
Mar 07 19
Mar 20 19
Mar 20 2019
quarterly
quarterly
2018
$0.25
$0.25
Dec 06 2018
Dec 06 2018
Dec 19 2018
Dec 06 18
Dec 19 18
Dec 19 2018
quarterly
quarterly
2018
$0.75
$0.75
Dec 06 2018
Dec 06 2018
Dec 19 2018
Dec 06 18
Dec 19 18
Dec 19 2018
Special dividend
Special div.
2018
$0.2339
$0.23
Sep 06 2018
Sep 06 2018
Sep 19 2018
Sep 06 18
Sep 19 18
Sep 19 2018
quarterly
quarterly
2018
$0.2144
$0.21
Jun 07 2018
Jun 07 2018
Jun 20 2018
Jun 07 18
Jun 20 18
Jun 20 2018
quarterly
quarterly
2018
$0.2144
$0.21
Mar 08 2018
Mar 08 2018
Mar 21 2018
Mar 08 18
Mar 21 18
Mar 21 2018
quarterly
quarterly
2017
$0.1852
$0.19
Dec 07 2017
Dec 07 2017
Dec 20 2017
Dec 07 17
Dec 20 17
Dec 20 2017
quarterly
quarterly
2017
$0.1852
$0.19
Sep 07 2017
Sep 07 2017
Sep 20 2017
Sep 07 17
Sep 20 17
Sep 20 2017
quarterly
quarterly
2017
$0.1755
$0.18
Jun 07 2017
Jun 07 2017
Jun 21 2017
Jun 07 17
Jun 21 17
Jun 21 2017
quarterly
quarterly
2017
$0.1755
$0.18
Mar 08 2017
Mar 08 2017
Mar 22 2017
Mar 08 17
Mar 22 17
Mar 22 2017
quarterly
quarterly
2016
$0.1657
$0.17
Dec 07 2016
Dec 07 2016
Dec 21 2016
Dec 07 16
Dec 21 16
Dec 21 2016
quarterly
quarterly
2016
$0.4874
$0.49
Dec 07 2016
Dec 07 2016
Dec 21 2016
Dec 07 16
Dec 21 16
Dec 21 2016
Special dividend
Special div.
2016
$0.1633
$0.16
Sep 07 2016
Sep 07 2016
Sep 21 2016
Sep 07 16
Sep 21 16
Sep 21 2016
quarterly
quarterly
2016
$0.1537
$0.15
Jun 08 2016
Jun 08 2016
Jun 23 2016
Jun 08 16
Jun 23 16
Jun 23 2016
quarterly
quarterly
2016
$0.1537
$0.15
Mar 09 2016
Mar 09 2016
Mar 23 2016
Mar 09 16
Mar 23 16
Mar 23 2016
quarterly
quarterly
2015
$0.1441
$0.14
Dec 09 2015
Dec 09 2015
Dec 23 2015
Dec 09 15
Dec 23 15
Dec 23 2015
quarterly
quarterly
2015
$0.1441
$0.14
Sep 09 2015
Sep 09 2015
Sep 23 2015
Sep 09 15
Sep 23 15
Sep 23 2015
quarterly
quarterly
2015
$0.1345
$0.13
Jun 10 2015
Jun 10 2015
Jun 24 2015
Jun 10 15
Jun 24 15
Jun 24 2015
quarterly
quarterly
2015
$0.1345
$0.13
Mar 11 2015
Mar 11 2015
Mar 25 2015
Mar 11 15
Mar 25 15
Mar 25 2015
quarterly
quarterly
2014
$0.1153
$0.12
Dec 10 2014
Dec 10 2014
Dec 24 2014
Dec 10 14
Dec 24 14
Dec 24 2014
quarterly
quarterly
2014
$0.1153
$0.12
Sep 10 2014
Sep 10 2014
Sep 24 2014
Sep 10 14
Sep 24 14
Sep 24 2014
quarterly
quarterly
2014
$0.1153
$0.12
Jun 11 2014
Jun 11 2014
Jun 25 2014
Jun 11 14
Jun 25 14
Jun 25 2014
quarterly
quarterly
2014
$1.9216
$1.92
May 20 2014
May 20 2014
May 29 2014
May 20 14
May 29 14
May 29 2014
Special dividend
Special div.
2014
$0.0528
$0.05
Mar 07 2014
Mar 07 2014
Mar 27 2014
Mar 07 14
Mar 27 14
Mar 27 2014
quarterly
quarterly
2014
$0.1056
$0.11
Feb 06 2014
Feb 06 2014
Mar 10 2014
Feb 06 14
Mar 10 14
Mar 10 2014
quarterly
quarterly
2013
$0.0528
$0.05
Dec 11 2013
Dec 11 2013
Dec 26 2013
Dec 11 13
Dec 26 13
Dec 26 2013
quarterly
quarterly
2013
$0.1056
$0.11
Nov 06 2013
Nov 06 2013
Dec 10 2013
Nov 06 13
Dec 10 13
Dec 10 2013
quarterly
quarterly
2013
$0.0528
$0.05
Sep 06 2013
Sep 06 2013
Sep 26 2013
Sep 06 13
Sep 26 13
Sep 26 2013
quarterly
quarterly
2013
$0.1056
$0.11
Aug 07 2013
Aug 07 2013
Sep 10 2013
Aug 07 13
Sep 10 13
Sep 10 2013
quarterly
quarterly
2013
$0.0528
$0.05
Jun 07 2013
Jun 07 2013
Jun 27 2013
Jun 07 13
Jun 27 13
Jun 27 2013
quarterly
quarterly
2013
$0.0968
$0.1
May 08 2013
May 08 2013
Jun 10 2013
May 08 13
Jun 10 13
Jun 10 2013
quarterly
quarterly
2013
$0.0528
$0.05
Mar 08 2013
Mar 08 2013
Mar 28 2013
Mar 08 13
Mar 28 13
Mar 28 2013
quarterly
quarterly
2013
$0.088
$0.09
Feb 06 2013
Feb 06 2013
Mar 08 2013
Feb 06 13
Mar 08 13
Mar 08 2013
quarterly
quarterly
2012
$0.176
$0.18
Dec 18 2012
Dec 18 2012
Dec 31 2012
Dec 18 12
Dec 31 12
Dec 31 2012
Special dividend
Special div.
2012
$0.0087
$0.01
Nov 20 2012
Nov 20 2012
Dec 13 2012
Nov 20 12
Dec 13 12
Dec 13 2012
quarterly
quarterly
2012
$0.0781
$0.08
Nov 07 2012
Nov 07 2012
Dec 10 2012
Nov 07 12
Dec 10 12
Dec 10 2012
quarterly
quarterly
2012
$0.0087
$0.01
Aug 22 2012
Aug 22 2012
Sep 13 2012
Aug 22 12
Sep 13 12
Sep 13 2012
quarterly
quarterly
2012
$0.0087
$0.01
May 23 2012
May 23 2012
Jun 14 2012
May 23 12
Jun 14 12
Jun 14 2012
quarterly
quarterly
2012
$0.0087
$0.01
Feb 22 2012
Feb 22 2012
Mar 15 2012
Feb 22 12
Mar 15 12
Mar 15 2012
quarterly
quarterly
2012
$0.0434
$0.04
Feb 22 2012
Feb 22 2012
Mar 15 2012
Feb 22 12
Mar 15 12
Mar 15 2012
Special dividend
Special div.
2011
$0.0086
$0.01
Nov 22 2011
Nov 22 2011
Dec 15 2011
Nov 22 11
Dec 15 11
Dec 15 2011
quarterly
quarterly
2011
$0.0086
$0.01
Aug 24 2011
Aug 24 2011
Sep 15 2011
Aug 24 11
Sep 15 11
Sep 15 2011
quarterly
quarterly
2011
$0.0086
$0.01
May 25 2011
May 25 2011
Jun 16 2011
May 25 11
Jun 16 11
Jun 16 2011
quarterly
quarterly
2011
$0.0086
$0.01
Feb 23 2011
Feb 23 2011
Mar 17 2011
Feb 23 11
Mar 17 11
Mar 17 2011
quarterly
quarterly
2010
$0.0086
$0.01
Nov 23 2010
Nov 23 2010
Dec 16 2010
Nov 23 10
Dec 16 10
Dec 16 2010
quarterly
quarterly
2010
$0.0086
$0.01
Aug 25 2010
Aug 25 2010
Sep 16 2010
Aug 25 10
Sep 16 10
Sep 16 2010
quarterly
quarterly
2010
$0.0086
$0.01
May 26 2010
May 26 2010
Jun 17 2010
May 26 10
Jun 17 10
Jun 17 2010
quarterly
quarterly
2010
$0.0432
$0.04
Feb 17 2010
Feb 17 2010
Mar 11 2010
Feb 17 10
Mar 11 10
Mar 11 2010
quarterly
quarterly
2010
$0.0086
$0.01
Feb 08 2010
Feb 08 2010
Mar 10 2010
Feb 08 10
Mar 10 10
Mar 10 2010
quarterly
quarterly
2009
$0.0864
$0.09
Nov 24 2009
Nov 24 2009
Dec 17 2009
Nov 24 09
Dec 17 09
Dec 17 2009
quarterly
quarterly
2009
$0.0086
$0.01
Nov 06 2009
Nov 06 2009
Dec 10 2009
Nov 06 09
Dec 10 09
Dec 10 2009
quarterly
quarterly
2009
$0.0864
$0.09
Aug 26 2009
Aug 26 2009
Sep 17 2009
Aug 26 09
Sep 17 09
Sep 17 2009
quarterly
quarterly
2009
$0.0086
$0.01
Aug 06 2009
Aug 06 2009
Sep 10 2009
Aug 06 09
Sep 10 09
Sep 10 2009
quarterly
quarterly
2009
$0.0864
$0.09
May 20 2009
May 20 2009
Jun 11 2009
May 20 09
Jun 11 09
Jun 11 2009
quarterly
quarterly
2009
$0.0086
$0.01
May 06 2009
May 06 2009
Jun 10 2009
May 06 09
Jun 10 09
Jun 10 2009
quarterly
quarterly
2009
$0.0864
$0.09
Mar 04 2009
Mar 04 2009
Mar 19 2009
Mar 04 09
Mar 19 09
Mar 19 2009
quarterly
quarterly
2009
$0.0346
$0.03
Feb 06 2009
Feb 06 2009
Mar 10 2009
Feb 06 09
Mar 10 09
Mar 10 2009
quarterly
quarterly
2008
$0.1945
$0.19
Nov 19 2008
Nov 19 2008
Dec 11 2008
Nov 19 08
Dec 11 08
Dec 11 2008
quarterly
quarterly
2008
$0.0346
$0.03
Nov 06 2008
Nov 06 2008
Dec 10 2008
Nov 06 08
Dec 10 08
Dec 10 2008
quarterly
quarterly
2008
$0.1945
$0.19
Aug 20 2008
Aug 20 2008
Sep 11 2008
Aug 20 08
Sep 11 08
Sep 11 2008
quarterly
quarterly
2008
$0.0346
$0.03
Aug 06 2008
Aug 06 2008
Sep 10 2008
Aug 06 08
Sep 10 08
Sep 10 2008
quarterly
quarterly
2008
$0.1945
$0.19
May 21 2008
May 21 2008
Jun 12 2008
May 21 08
Jun 12 08
Jun 12 2008
quarterly
quarterly
2008
$0.0692
$0.07
May 07 2008
May 07 2008
Jun 10 2008
May 07 08
Jun 10 08
Jun 10 2008
quarterly
quarterly
2008
$0.1945
$0.19
Feb 20 2008
Feb 20 2008
Mar 13 2008
Feb 20 08
Mar 13 08
Mar 13 2008
quarterly
quarterly
2008
$0.1297
$0.13
Feb 06 2008
Feb 06 2008
Mar 10 2008
Feb 06 08
Mar 10 08
Mar 10 2008
quarterly
quarterly
2007
$0.1945
$0.19
Nov 20 2007
Nov 20 2007
Dec 06 2007
Nov 20 07
Dec 06 07
Dec 06 2007
quarterly
quarterly
2007
$0.121
$0.12
Nov 07 2007
Nov 07 2007
Dec 10 2007
Nov 07 07
Dec 10 07
Dec 10 2007
quarterly
quarterly
2007
$0.1945
$0.19
Aug 22 2007
Aug 22 2007
Sep 13 2007
Aug 22 07
Sep 13 07
Sep 13 2007
quarterly
quarterly
2007
$0.121
$0.12
Aug 08 2007
Aug 08 2007
Sep 10 2007
Aug 08 07
Sep 10 07
Sep 10 2007
quarterly
quarterly
2007
$0.1945
$0.19
May 23 2007
May 23 2007
Jun 14 2007
May 23 07
Jun 14 07
Jun 14 2007
quarterly
quarterly
2007
$0.121
$0.12
May 08 2007
May 08 2007
Jun 08 2007
May 08 07
Jun 08 07
Jun 08 2007
quarterly
quarterly
2007
$0.1764
$0.18
Feb 21 2007
Feb 21 2007
Mar 15 2007
Feb 21 07
Mar 15 07
Mar 15 2007
quarterly
quarterly
2007
$0.1098
$0.11
Feb 07 2007
Feb 07 2007
Mar 09 2007
Feb 07 07
Mar 09 07
Mar 09 2007
quarterly
quarterly
2006
$0.1764
$0.18
Nov 20 2006
Nov 20 2006
Dec 07 2006
Nov 20 06
Dec 07 06
Dec 07 2006
quarterly
quarterly
2006
$0.1019
$0.1
Nov 08 2006
Nov 08 2006
Dec 08 2006
Nov 08 06
Dec 08 06
Dec 08 2006
quarterly
quarterly
2006
$0.1764
$0.18
Aug 23 2006
Aug 23 2006
Sep 14 2006
Aug 23 06
Sep 14 06
Sep 14 2006
quarterly
quarterly
2006
$0.1019
$0.1
Aug 08 2006
Aug 08 2006
Sep 08 2006
Aug 08 06
Sep 08 06
Sep 08 2006
quarterly
quarterly
2006
$0.1764
$0.18
May 24 2006
May 24 2006
Jun 15 2006
May 24 06
Jun 15 06
Jun 15 2006
quarterly
quarterly
2006
$0.1019
$0.1
May 15 2006
May 15 2006
Jun 09 2006
May 15 06
Jun 09 06
Jun 09 2006
quarterly
quarterly
2006
$0.1565
$0.16
Feb 22 2006
Feb 22 2006
Mar 16 2006
Feb 22 06
Mar 16 06
Mar 16 2006
quarterly
quarterly
2006
$0.0853
$0.09
Feb 08 2006
Feb 08 2006
Mar 10 2006
Feb 08 06
Mar 10 06
Mar 10 2006
quarterly
quarterly
2005
$0.1565
$0.16
Nov 21 2005
Nov 21 2005
Dec 08 2005
Nov 21 05
Dec 08 05
Dec 08 2005
quarterly
quarterly
2005
$0.0782
$0.08
Nov 08 2005
Nov 08 2005
Dec 09 2005
Nov 08 05
Dec 09 05
Dec 09 2005
quarterly
quarterly
2005
$0.1565
$0.16
Aug 24 2005
Aug 24 2005
Sep 15 2005
Aug 24 05
Sep 15 05
Sep 15 2005
quarterly
quarterly
2005
$0.0782
$0.08
Aug 08 2005
Aug 08 2005
Sep 09 2005
Aug 08 05
Sep 09 05
Sep 09 2005
quarterly
quarterly
2005
$0.1419
$0.14
May 25 2005
May 25 2005
Jun 16 2005
May 25 05
Jun 16 05
Jun 16 2005
quarterly
quarterly
2005
$0.071
$0.07
May 06 2005
May 06 2005
Jun 10 2005
May 06 05
Jun 10 05
Jun 10 2005
quarterly
quarterly
2005
$0.1355
$0.14
Feb 23 2005
Feb 23 2005
Mar 17 2005
Feb 23 05
Mar 17 05
Mar 17 2005
quarterly
quarterly
2005
$0.0645
$0.06
Feb 08 2005
Feb 08 2005
Mar 10 2005
Feb 08 05
Mar 10 05
Mar 10 2005
quarterly
quarterly
2004
$0.129
$0.13
Nov 22 2004
Nov 22 2004
Dec 09 2004
Nov 22 04
Dec 09 04
Dec 09 2004
quarterly
quarterly
2004
$0.0553
$0.06
Nov 08 2004
Nov 08 2004
Dec 10 2004
Nov 08 04
Dec 10 04
Dec 10 2004
quarterly
quarterly
2004
$0.129
$0.13
Aug 25 2004
Aug 25 2004
Sep 16 2004
Aug 25 04
Sep 16 04
Sep 16 2004
quarterly
quarterly
2004
$0.0553
$0.06
Aug 06 2004
Aug 06 2004
Sep 10 2004
Aug 06 04
Sep 10 04
Sep 10 2004
quarterly
quarterly
2004
$0.129
$0.13
May 26 2004
May 26 2004
Jun 17 2004
May 26 04
Jun 17 04
Jun 17 2004
quarterly
quarterly
2004
$0.0553
$0.06
May 06 2004
May 06 2004
Jun 10 2004
May 06 04
Jun 10 04
Jun 10 2004
quarterly
quarterly
2004
$0.117
$0.12
Feb 25 2004
Feb 25 2004
Mar 12 2004
Feb 25 04
Mar 12 04
Mar 12 2004
quarterly
quarterly
2004
$0.0527
$0.05
Feb 06 2004
Feb 06 2004
Mar 10 2004
Feb 06 04
Mar 10 04
Mar 10 2004
quarterly
quarterly
2003
$0.117
$0.12
Nov 24 2003
Nov 24 2003
Dec 11 2003
Nov 24 03
Dec 11 03
Dec 11 2003
quarterly
quarterly
2003
$0.0468
$0.05
Nov 06 2003
Nov 06 2003
Dec 10 2003
Nov 06 03
Dec 10 03
Dec 10 2003
quarterly
quarterly
2003
$0.117
$0.12
Aug 27 2003
Aug 27 2003
Sep 12 2003
Aug 27 03
Sep 12 03
Sep 12 2003
quarterly
quarterly
2003
$0.0468
$0.05
Aug 07 2003
Aug 07 2003
Sep 10 2003
Aug 07 03
Sep 10 03
Sep 10 2003
quarterly
quarterly
2003
$0.117
$0.12
May 28 2003
May 28 2003
Jun 13 2003
May 28 03
Jun 13 03
Jun 13 2003
quarterly
quarterly
2003
$0.0468
$0.05
May 08 2003
May 08 2003
Jun 10 2003
May 08 03
Jun 10 03
Jun 10 2003
quarterly
quarterly
2003
$0.1112
$0.11
Feb 26 2003
Feb 26 2003
Mar 14 2003
Feb 26 03
Mar 14 03
Mar 14 2003
quarterly
quarterly
2003
$0.0468
$0.05
Feb 06 2003
Feb 06 2003
Mar 10 2003
Feb 06 03
Mar 10 03
Mar 10 2003
-
-
2002
$0.1008
$0.1
Nov 25 2002
Nov 25 2002
Dec 12 2002
Nov 25 02
Dec 12 02
Dec 12 2002
quarterly
quarterly
2002
$0.1008
$0.1
Aug 28 2002
Aug 28 2002
Sep 13 2002
Aug 28 02
Sep 13 02
Sep 13 2002
quarterly
quarterly
2002
$0.1008
$0.1
May 30 2002
May 30 2002
Jun 14 2002
May 30 02
Jun 14 02
Jun 14 2002
quarterly
quarterly
2002
$0.0955
$0.1
Feb 27 2002
Feb 27 2002
Mar 15 2002
Feb 27 02
Mar 15 02
Mar 15 2002
quarterly
quarterly
2001
$0.0866
$0.09
Nov 29 2001
Nov 29 2001
Dec 13 2001
Nov 29 01
Dec 13 01
Dec 13 2001
quarterly
quarterly
2001
$0.0866
$0.09
Aug 29 2001
Aug 29 2001
Sep 14 2001
Aug 29 01
Sep 14 01
Sep 14 2001
quarterly
quarterly
2001
$0.0866
$0.09
May 30 2001
May 30 2001
Jun 15 2001
May 30 01
Jun 15 01
Jun 15 2001
quarterly
quarterly
2001
$0.0818
$0.08
Feb 27 2001
Feb 27 2001
Mar 15 2001
Feb 27 01
Mar 15 01
Mar 15 2001
quarterly
quarterly
2000
$0.0742
$0.07
Nov 29 2000
Nov 29 2000
Dec 12 2000
Nov 29 00
Dec 12 00
Dec 12 2000
quarterly
quarterly
2000
$0.0742
$0.07
Aug 30 2000
Aug 30 2000
Sep 15 2000
Aug 30 00
Sep 15 00
Sep 15 2000
quarterly
quarterly
2000
$0.0742
$0.07
May 30 2000
May 30 2000
Jun 15 2000
May 30 00
Jun 15 00
Jun 15 2000
quarterly
quarterly
2000
$0.0742
$0.07
Feb 28 2000
Feb 28 2000
Mar 15 2000
Feb 28 00
Mar 15 00
Mar 15 2000
quarterly
quarterly
Show more

How much dividend does Mercantile Bank Corporation pay?

Mercantile Bank Corporation most recently paid a dividend of $0.36. Mercantile Bank Corporation paid a Dividend of $1.42 Per Share in the financial year 2024. With a stock price of $50.39 at Nov 22 2024, the current dividend yield is 2.82% (calculation: $1.42 / $50.39 = 2.82%). No special dividend was paid.

Use the StocksGuide screener to find the stocks with the highest dividend yields. Here you will find, for example, the 100 largest dividend stocks in the world:

What is the Mercantile Bank Corporation Dividend Yield and payout ratio?

The average Mercantile Bank Corporation dividend yield over the last 5 years is 3.89% and the average over the last 10 years is 3.32%.

The payout ratio of Mercantile Bank Corporation in relation to the last financial year is 26.12%. The payout ratio smoothed over 3 years is 29.83%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).

Metric Mercantile Bank Corporation
Current dividend yield 2.82%
Dividend Yield 5Y 3.89%
Dividend Yield 10Y 3.32%
Payout 1Y 26.12%
Payout 3Y 29.83%

Is the Mercantile Bank Corporation dividend safe? Continuity & Dividend Growth

Is the Mercantile Bank Corporation dividend safe?

Mercantile Bank Corporation has been paying a dividend for 25 years and has not lowered the dividend for 10 years (dividend continuity). As a result, the dividend was recently increased 10-times.

The Dividend Growth in relation to the previous financial year amounts to 5.97%. The average Mercantile Bank Corporation Dividend Growth over the last 5 years is 6.02%. The average for the last 10 years is 10.91%.

Metric Mercantile Bank Corporation
Increased 10 Years
Continuity 10 Years
Paid 25 Years
Growth 1Y 5.97%
Growth 5Y 6.02%
Growth 10Y 10.91%

Continuity

Mercantile Bank Corporation has been paying a dividend for 25 years and has not lowered the dividend for 10 years (dividend continuity). As a result, the dividend was recently increased 10-times.

Dividend Growth

The Dividend Growth in relation to the previous financial year amounts to 5.97%. The average Mercantile Bank Corporation Dividend Growth over the last 5 years is 6.02%. The average for the last 10 years is 10.91%.

With the Stock Screener, you can search for the best Dividend Aristocrats in indices such as the DAX or NASDAQ.

Mercantile Bank Corporation Stock Forecast 2024

On the stock exchange, the Mercantile Bank Corporation stock (ISIN: US5873761044) is traded at November 2024 as a Top Scorer according to the dividend strategy.

The stock price of Mercantile Bank Corporation 24.79% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Mercantile Bank Corporation stock price in real time at the top of the page.

Mercantile Bank Corporation (symbol: MBWM) is valued at a Price / Earnings Ratio (P/E ratio) of 10.15 and a price/sales ratio (P/S ratio) of 2.32 valued. Based on analyst estimates, the Mercantile Bank Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 10.36 according to P/E ratio and 3.54 according to P/S.

Metric Mercantile Bank Corporation
Dividend Score ??/15
Performance 2024
24.79%
P/E TTM 10.15
P/S TTM 2.32
P/E forward 10.36
P/S forward 3.54

Mercantile Bank Corporation (symbol: MBWM) is valued at a Price / Earnings Ratio (P/E ratio) of 10.15 and a price/sales ratio (P/S ratio) of 2.32 valued. Based on analyst estimates, the Mercantile Bank Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 10.36 according to P/E ratio and 3.54 according to P/S.

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