Mercantile Bank Corporation Dividend
Mercantile Bank Corporation Dividend history 25 years & estimates 2026 to 2027
Dividend Analysis of the Mercantile Bank Corporation Stock
| Current dividend yield | 4.77 % |
| Dividendenrendite 5 Jahre | 2.52 % |
| Dividend Yield 10Y | 7.61 % |
| Payout 3Y | 3.66 % |
When does Mercantile Bank Corporation pay a dividend?
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 March, 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 |
| 2026 |
$0.4
$0.4
|
Sep 04 2026
Sep 04 2026
Sep 16 2026
Sep 04 26
Sep 16 26 |
Sep 16 2026 |
quarterly
quarterly
|
| 2026 |
$0.39
$0.39
|
Jun 05 2026
Jun 05 2026
Jun 17 2026
Jun 05 26
Jun 17 26 |
Jun 17 2026 |
quarterly
quarterly
|
| 2026 |
$0.39
$0.39
|
Mar 06 2026
Mar 06 2026
Mar 18 2026
Mar 06 26
Mar 18 26 |
Mar 18 2026 |
quarterly
quarterly
|
| 2025 |
$0.38
$0.38
|
Dec 05 2025
Dec 05 2025
Dec 17 2025
Dec 05 25
Dec 17 25 |
Dec 17 2025 |
quarterly
quarterly
|
| 2025 |
$0.38
$0.38
|
Sep 05 2025
Sep 05 2025
Sep 17 2025
Sep 05 25
Sep 17 25 |
Sep 17 2025 |
quarterly
quarterly
|
| 2025 |
$0.37
$0.37
|
Jun 06 2025
Jun 06 2025
Jun 18 2025
Jun 06 25
Jun 18 25 |
Jun 18 2025 |
quarterly
quarterly
|
| 2025 |
$0.37
$0.37
|
Mar 07 2025
Mar 07 2025
Mar 19 2025
Mar 07 25
Mar 19 25 |
Mar 19 2025 |
quarterly
quarterly
|
| 2024 |
$0.36
$0.36
|
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
|
How much dividend does Mercantile Bank Corporation pay?
Mercantile Bank Corporation most recently paid a dividend of $0.40. Mercantile Bank Corporation paid a Dividend of $1.50 Per Share in the financial year 2025. With a stock price of $59.52 at Sep 24 2026, the current dividend yield is 2.52% (calculation: $1.50 / $59.52 = 2.52%). No special dividend was paid.
What is the Mercantile Bank Corporation Dividend Yield and payout ratio?
The average Mercantile Bank Corporation dividend yield over the last 5 years is 3.61% and the average over the last 10 years is 3.33%.
The payout ratio of Mercantile Bank Corporation in relation to the last financial year is 27.42%. The payout ratio smoothed over 3 years is 27.43%. 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 | 2.52% |
| Dividend Yield 5Y | 3.61% |
| Dividend Yield 10Y | 3.33% |
| Payout 1Y | 27.42% |
| Payout 3Y | 27.43% |
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 11 years (dividend continuity). As a result, the dividend was recently increased 11-times.
The Dividend Growth in relation to the previous financial year amounts to 5.63%. The average Mercantile Bank Corporation Dividend Growth over the last 5 years is 6.02%. The average for the last 10 years is 10.41%.
| Metric | Mercantile Bank Corporation |
|---|---|
| Increased | 11 Years |
| Continuity | 11 Years |
| Paid | 25 Years |
| Growth 1Y | 5.63% |
| Growth 5Y | 6.02% |
| Growth 10Y | 10.41% |
Continuity
Mercantile Bank Corporation has been paying a dividend for 25 years and has not lowered the dividend for 11 years (dividend continuity). As a result, the dividend was recently increased 11-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 5.63%. The average Mercantile Bank Corporation Dividend Growth over the last 5 years is 6.02%. The average for the last 10 years is 10.41%.
Mercantile Bank Corporation Stock Forecast 2026
On the stock exchange, the Mercantile Bank Corporation stock (ISIN: US5873761044) is traded at September 2026 as a Top Scorer according to the dividend strategy.
The stock price of Mercantile Bank Corporation 24.80% has risen since the beginning of the year 2026. 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 10.80 and a price/sales ratio (P/S ratio) of 3.94 valued. Based on analyst estimates, the Mercantile Bank Corporation stock forecast 2026 of the current financial year corresponds to a valuation of 10.50 according to P/E ratio and 3.61 according to P/S.
| Metric | Mercantile Bank Corporation |
|---|---|
| Dividend Score | ??/15 |
| Performance 2026 |
24.80%
|
| P/E TTM | 10.80 |
| P/S TTM | 3.94 |
| P/E forward | 10.50 |
| P/S forward | 3.61 |
Mercantile Bank Corporation (symbol: MBWM) is valued at a Price / Earnings Ratio (P/E ratio) of 10.80 and a price/sales ratio (P/S ratio) of 3.94 valued. Based on analyst estimates, the Mercantile Bank Corporation stock forecast 2026 of the current financial year corresponds to a valuation of 10.50 according to P/E ratio and 3.61 according to P/S.
Discover more Dividend Stocks in Germany, USA and Worldwide
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
