MARKET IS CLOSED
Loading latest tickers...

Market Indices

S&P 500
$7,818.93
+0.58%
NASDAQ 100
$31,224.47
+0.48%
DOW JONES
$51,521.00
+0.49%
NASDAQ Composite
$27,599.79
+0.45%
RUSSELL 2000
$2,813.40
-0.72%
CBOE VIX
$15.01
-3.29%

Sector Heatmap

Technology+0.53%
Financials+0.24%
Healthcare-0.17%
Consumer Cycl+1.20%
Consumer Staples+0.90%
Energy+0.47%
Industrials+0.87%
Materials+0.46%
Real Estate+1.06%
Utilities+2.98%
Comm Services+0.04%

MBWM — Mercantile Bank Corp

Nasdaq

Mercantile Bank Corp

CompareBack to Screener
$58.83
-0.26(-0.44%)
O
59.36
H
59.60
L
58.79
V
84.45K
⏱️ End-of-day dataAs of Oct 6, 2026
OverviewStatisticsFinancialsHistorical DataOptionsDividend HistoryNewsChart
Annual Dividend$1.60
Dividend Yield2.72%
Payout Ratio—
Payment FrequencyQuarterly
Growth Streak6 Years
Next Ex-Dividend DateSep 4, 2026

Dividend Overview

MBWM pays a quarterly dividend of $0.4 per share ($1.60 a year, 2.72% yield at the latest close).

Calculate your dividend income →

Annual Dividend History

YearAnnual Total ($)YoY GrowthPayouts
2025$1.50+5.6% 4 payments
2024$1.42+6% 4 payments
2023$1.34+6.3% 4 payments
2022$1.26+6.8% 4 payments
2021$1.18+5.4% 4 payments
2020$1.12+5.7% 4 payments
2019$1.06-36.9% 4 payments
2018$1.68+127% 5 payments
2017$0.74-36.2% 4 payments
2016$1.16+100% 5 payments

MBWM — Dividend Payment History

84 Recorded Payments
Ex-Dividend DateCash AmountPay DateRecord DateDeclaration DateTypeCurrency
Sep 4, 2026$0.40Sep 16, 2026Sep 4, 2026Jul 16, 2026RegularUSD
Jun 5, 2026$0.39Jun 17, 2026Jun 5, 2026Apr 16, 2026RegularUSD
Mar 6, 2026$0.39Mar 18, 2026Mar 6, 2026Jan 15, 2026RegularUSD
Dec 5, 2025$0.38Dec 17, 2025Dec 5, 2025Oct 16, 2025RegularUSD
Sep 5, 2025$0.38Sep 17, 2025Sep 5, 2025Jul 17, 2025RegularUSD
Jun 6, 2025$0.37Jun 18, 2025Jun 6, 2025Apr 17, 2025RegularUSD
Mar 7, 2025$0.37Mar 19, 2025Mar 7, 2025Jan 16, 2025RegularUSD
Dec 6, 2024$0.36Dec 18, 2024Dec 6, 2024Oct 10, 2024RegularUSD
Sep 6, 2024$0.36Sep 18, 2024Sep 6, 2024Jul 11, 2024RegularUSD
Jun 7, 2024$0.35Jun 19, 2024Jun 7, 2024Apr 11, 2024RegularUSD
Feb 29, 2024$0.35Mar 13, 2024Mar 1, 2024Jan 11, 2024RegularUSD
Nov 30, 2023$0.34Dec 13, 2023Dec 1, 2023Oct 12, 2023RegularUSD
Aug 31, 2023$0.34Sep 13, 2023Sep 1, 2023Jul 13, 2023RegularUSD
Jun 1, 2023$0.33Jun 14, 2023Jun 2, 2023Apr 13, 2023RegularUSD
Mar 2, 2023$0.33Mar 15, 2023Mar 3, 2023Jan 12, 2023RegularUSD
Dec 1, 2022$0.32Dec 14, 2022Dec 2, 2022Oct 13, 2022RegularUSD
Sep 1, 2022$0.32Sep 14, 2022Sep 2, 2022Jul 14, 2022RegularUSD
Jun 2, 2022$0.31Jun 15, 2022Jun 3, 2022Apr 14, 2022RegularUSD
Mar 3, 2022$0.31Mar 16, 2022Mar 4, 2022Jan 18, 2022RegularUSD
Dec 2, 2021$0.30Dec 15, 2021Dec 3, 2021Oct 19, 2021RegularUSD
Sep 2, 2021$0.30Sep 15, 2021Sep 3, 2021Jul 20, 2021RegularUSD
Jun 3, 2021$0.29Jun 16, 2021Jun 4, 2021Apr 15, 2021RegularUSD
Mar 4, 2021$0.29Mar 17, 2021Mar 5, 2021Jan 19, 2021RegularUSD
Dec 3, 2020$0.28Dec 16, 2020Dec 4, 2020Oct 15, 2020RegularUSD
Sep 3, 2020$0.28Sep 16, 2020Sep 4, 2020Jul 16, 2020RegularUSD
Jun 4, 2020$0.28Jun 17, 2020Jun 5, 2020Apr 16, 2020RegularUSD
Mar 5, 2020$0.28Mar 18, 2020Mar 6, 2020Jan 16, 2020RegularUSD
Dec 5, 2019$0.27Dec 18, 2019Dec 6, 2019Oct 10, 2019RegularUSD
Sep 5, 2019$0.27Sep 18, 2019Sep 6, 2019Jul 11, 2019RegularUSD
Jun 6, 2019$0.26Jun 19, 2019Jun 7, 2019Apr 11, 2019RegularUSD
Mar 7, 2019$0.26Mar 20, 2019Mar 8, 2019Jan 17, 2019RegularUSD
Dec 6, 2018$0.25Dec 19, 2018Dec 7, 2018Oct 11, 2018RegularUSD
Dec 6, 2018$0.75Dec 19, 2018Dec 7, 2018Oct 11, 2018RegularUSD
Sep 6, 2018$0.24Sep 19, 2018Sep 7, 2018Jul 12, 2018RegularUSD
Jun 7, 2018$0.22Jun 20, 2018Jun 8, 2018Apr 12, 2018RegularUSD
Mar 8, 2018$0.22Mar 21, 2018Mar 9, 2018Jan 11, 2018RegularUSD
Dec 7, 2017$0.19Dec 20, 2017Dec 8, 2017Oct 12, 2017RegularUSD
Sep 7, 2017$0.19Sep 20, 2017Sep 8, 2017Jul 18, 2017RegularUSD
Jun 7, 2017$0.18Jun 21, 2017Jun 9, 2017Apr 13, 2017RegularUSD
Mar 8, 2017$0.18Mar 22, 2017Mar 10, 2017Jan 17, 2017RegularUSD
Dec 7, 2016$0.50Dec 21, 2016Dec 9, 2016Oct 13, 2016RegularUSD
Dec 7, 2016$0.17Dec 21, 2016Dec 9, 2016Oct 13, 2016RegularUSD
Sep 7, 2016$0.17Sep 21, 2016Sep 9, 2016Jul 14, 2016RegularUSD
Jun 8, 2016$0.16Jun 23, 2016Jun 10, 2016Apr 14, 2016RegularUSD
Mar 9, 2016$0.16Mar 23, 2016Mar 11, 2016Jan 14, 2016RegularUSD
Dec 9, 2015$0.15Dec 23, 2015Dec 11, 2015Oct 15, 2015RegularUSD
Sep 9, 2015$0.15Sep 23, 2015Sep 11, 2015Jul 16, 2015RegularUSD
Jun 10, 2015$0.14Jun 24, 2015Jun 12, 2015Apr 16, 2015RegularUSD
Mar 11, 2015$0.14Mar 25, 2015Mar 13, 2015Jan 15, 2015RegularUSD
Dec 10, 2014$0.12Dec 24, 2014Dec 12, 2014Oct 16, 2014RegularUSD
Sep 10, 2014$0.12Sep 24, 2014Sep 12, 2014Jul 17, 2014RegularUSD
Jun 11, 2014$0.12Jun 25, 2014Jun 13, 2014May 9, 2014RegularUSD
May 20, 2014$2.00May 29, 2014May 22, 2014May 9, 2014RegularUSD
Feb 6, 2014$0.12Mar 10, 2014Feb 10, 2014Jan 16, 2014RegularUSD
Nov 6, 2013$0.12Dec 10, 2013Nov 8, 2013Oct 10, 2013RegularUSD
Aug 7, 2013$0.12Sep 10, 2013Aug 9, 2013Jul 11, 2013RegularUSD
May 8, 2013$0.11Jun 10, 2013May 10, 2013Apr 16, 2013RegularUSD
Feb 6, 2013$0.10Mar 8, 2013Feb 8, 2013Jan 10, 2013RegularUSD
Nov 7, 2012$0.09Dec 10, 2012Nov 9, 2012Oct 11, 2012RegularUSD
Feb 8, 2010$0.01Mar 10, 2010Feb 10, 2010—RegularUSD
Nov 6, 2009$0.01Dec 10, 2009Nov 10, 2009—RegularUSD
Aug 6, 2009$0.01Sep 10, 2009Aug 10, 2009—RegularUSD
May 6, 2009$0.01Jun 10, 2009May 8, 2009—RegularUSD
Feb 6, 2009$0.04Mar 10, 2009Feb 10, 2009—RegularUSD
Nov 6, 2008$0.04Dec 10, 2008Nov 10, 2008—RegularUSD
Aug 6, 2008$0.04Sep 10, 2008Aug 8, 2008—RegularUSD
May 7, 2008$0.08Jun 10, 2008May 9, 2008—RegularUSD
Feb 6, 2008$0.15Mar 10, 2008Feb 8, 2008—RegularUSD
Nov 7, 2007$0.14Dec 10, 2007Nov 9, 2007—RegularUSD
Aug 8, 2007$0.14Sep 10, 2007Aug 10, 2007—RegularUSD
May 8, 2007$0.14Jun 8, 2007May 10, 2007—RegularUSD
Feb 7, 2007$0.14Mar 9, 2007Feb 9, 2007—RegularUSD
Nov 8, 2006$0.13Dec 8, 2006Nov 10, 2006—RegularUSD
Aug 8, 2006$0.13Sep 8, 2006Aug 10, 2006—RegularUSD
May 15, 2006$0.13Jun 9, 2006May 17, 2006—RegularUSD
Feb 8, 2006$0.12Mar 10, 2006Feb 10, 2006—RegularUSD
Nov 8, 2005$0.11Dec 9, 2005Nov 10, 2005—RegularUSD
Aug 8, 2005$0.11Sep 9, 2005Aug 10, 2005—RegularUSD
May 6, 2005$0.11Jun 10, 2005May 10, 2005—RegularUSD
Feb 8, 2005$0.10Mar 10, 2005Feb 10, 2005—RegularUSD
Nov 8, 2004$0.09Dec 10, 2004Nov 10, 2004—RegularUSD
Aug 6, 2004$0.09Sep 10, 2004Aug 10, 2004—RegularUSD
May 6, 2004$0.09Jun 10, 2004May 10, 2004—RegularUSD
Feb 6, 2004$0.09Mar 10, 2004Feb 10, 2004—RegularUSD