Mercantile Bank Corp (MBWM) Dividend Yield (2013 - 2026)
Mercantile Bank's Dividend Yield was 2.56% in Q2 2026, down 0.52 percentage points from 3.08% a year earlier and down 0.27 percentage points from the prior quarter.
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Analysis
Mercantile Bank Corp (MBWM) Dividend Yield (2013 - 2026) Analysis & Trends
For FY2025, Dividend Yield at Mercantile Bank came in at 2.90%, down 0.23 percentage points from FY2024.
- Dividend Yield has now declined for three consecutive years, with a five-year change of -1.14 percentage points (FY2020 to FY2025).
- In earlier years, Dividend Yield was 3.13% in FY2024 (-0.10 pp), 3.23% in FY2023 (-0.43 pp), 3.66% in FY2022 (+0.32 pp) and 3.34% in FY2021 (-0.70 pp).
- The Q2 2026 figure marks the lowest quarterly Dividend Yield since Q2 2018.
- Compared with a year earlier, Dividend Yield has declined for three straight quarters, with an average year-over-year change of -0.33 percentage points over the last eight quarters.
- The best year-over-year quarter for Dividend Yield over five years was Q2 2023 (a gain of 0.85 percentage points); the worst was Q3 2021 (a drop of 2.43 percentage points).
- Per Business Quant data, MBWM's Dividend Yield in the three quarters before Q2 2026 was 2.83% (Q1 2026), 2.90% (Q4 2025) and 3.22% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.56% |
| Mar 31, 2026 | 2.83% |
| Dec 31, 2025 | 2.90% |
| Sep 30, 2025 | 3.22% |
| Jun 30, 2025 | 3.08% |
| Mar 31, 2025 | 3.24% |
| Dec 31, 2024 | 3.13% |
| Sep 30, 2024 | 3.13% |
| Jun 30, 2024 | 3.32% |
| Mar 31, 2024 | 3.44% |
| Dec 31, 2023 | 3.23% |
| Sep 30, 2023 | 4.17% |
| Jun 30, 2023 | 4.59% |
| Mar 31, 2023 | 4.08% |
| Dec 31, 2022 | 3.66% |
| Sep 30, 2022 | 4.08% |
| Jun 30, 2022 | 3.74% |
| Mar 31, 2022 | 3.33% |
| Dec 31, 2021 | 3.34% |
| Sep 30, 2021 | 3.65% |
API Access
Mercantile Bank Corp Dividend Yield API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-yield&ticker=MBWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-yield", "ticker": "MBWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-yield&ticker=MBWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();