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NASDAQ: MBWM
Mercantile Bank Corp Stock Dividend Yield & Dates

OverviewForecastEarningsDividend
Ownership

MBWM dividend stability and growth

Last Dividend per share
$0.3500
Forward Dividend yield
3.8%
MBWM's dividend has dropped by... subscribe to Premium to read more.
Dividend Stability Dividend
MBWM dividends have decreased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

MBWM dividend yield vs industry/market

Company
3.69%
Industry
3.81%
MBWM dividends (3.69%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MBWM dividends (3.69%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MBWM dividend payout ratio

Mercantile Bank Corp paid out 26.5% of its earnings over the trailing twelve months.
Retained earnings
73.5%
Payout ratio
26.5%
MBWM earnings ($82.22M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MBWM vs Bank Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MBWM3.69%No3+26.50%
UVSP4.20%Yes0+34.70%
HBT3.69%Yes0+33.70%
NBBKN/AN/A0.00%
MCBS3.04%No1+36.10%
View Top Bank Stocks

MBWM dividend dates

Next dividend payment date
Jun 19, 2024
Next ex-dividend date
Jun 7, 2024

Be the first to know when MBWM increases or cuts their dividend.

Mercantile Bank Dividends FAQ

Does Mercantile Bank pay a dividend?

Yes, MBWM has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Mercantile Bank stock.

What is Mercantile Bank's Dividend Payment Date?

Mercantile Bank's next dividend payment date is on 2024-06-19, when Mercantile Bank shareholders who owned MBWM shares before 2024-06-07 will receive a dividend payment of $0.3500 per share. Add MBWM to your watchlist to be reminded of MBWM's next dividend payment.

Is Mercantile Bank's dividend stable?

No, MBWM's dividend has not been stable over the last 10 years

Does Mercantile Bank have sufficient earnings to cover their dividend?

Yes, MBWM's past year earnings per share was $5.13, and their annual dividend per share is $1.36. MBWM's dividend payout ratio is 26.5%, which is sustainable.

How much is Mercantile Bank's dividend?

MBWM pays a dividend of $1.36 per share. MBWM's annual dividend yield is 3.69%. Mercantile Bank's dividend is lower than the US industry average of 3.81%, and it is lower than the US market average of 4.14%.

What is Mercantile Bank's Ex-Dividend Date?

Mercantile Bank's upcoming ex-dividend date is on 2024-06-07. Mercantile Bank shareholders who own MBWM stock before this date will receive Mercantile Bank's next dividend payment of $0.3500 per share on 2024-06-19. Add MBWM to your watchlist to be reminded before MBWM's ex-dividend date.

Is Mercantile Bank's dividend showing long-term growth?

No, MBWM's' dividend has decreased over the past 10 years.
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