Mercantile Bank MBWM Dividend Analysis

NASDAQ MBWM
$58.39 -0.50 (-0.85%)
As of: Sep 30, 2026 · 3:59 PM EDT

Dividend Statistics

82 distributions on record

Mercantile Bank Corp has paid 82 recorded cash distributions, spanning 2004 to 2026.

TTM Dividend
$1.56
trailing twelve months
Latest Yield
2.65%
peak 13.25% on Aug 5, 2014
Largest Single Payout
$2.00
latest was $0.40
Last Paid
Sep 16, 2026
most recent distribution
Next Dividend
—
none announced
Years Paid
22
2004 – 2026

Payout History

Cash per share

The highest single cash dividend paid by Mercantile Bank Corp is $2.00. The latest distribution of $0.40 was recorded on Sep 16, 2026.

Trailing Dividend Yield

Yield %

The most recently recorded trailing dividend yield for Mercantile Bank Corp stands at 2.65%, peaking at 13.25% on Aug 5, 2014, and averaging — across the selected range.

Distribution History

82 Recorded Distributions

Spanning 2004–2026
Type Cash

View 82 recorded historical distributions for Mercantile Bank Corp, covering a time period spanning from 2004 to 2026.

# Ex-Date Amount Type Pay Date
1 Sep 4, 2026 $0.40 Cash Sep 16, 2026
2 Jun 5, 2026 $0.39 Cash Jun 17, 2026
3 Mar 6, 2026 $0.39 Cash Mar 18, 2026
4 Dec 5, 2025 $0.38 Cash Dec 17, 2025
5 Sep 5, 2025 $0.38 Cash Sep 17, 2025
6 Jun 6, 2025 $0.37 Cash Jun 18, 2025
7 Mar 7, 2025 $0.37 Cash Mar 19, 2025
8 Dec 6, 2024 $0.36 Cash Dec 18, 2024
9 Sep 6, 2024 $0.36 Cash Sep 18, 2024
10 Jun 7, 2024 $0.35 Cash Jun 19, 2024
11 Feb 29, 2024 $0.35 Cash Mar 13, 2024
12 Nov 30, 2023 $0.34 Cash Dec 13, 2023
13 Aug 31, 2023 $0.34 Cash Sep 13, 2023
14 Jun 1, 2023 $0.33 Cash Jun 14, 2023
15 Mar 2, 2023 $0.33 Cash Mar 15, 2023
16 Dec 1, 2022 $0.32 Cash Dec 14, 2022
17 Sep 1, 2022 $0.32 Cash Sep 14, 2022
18 Jun 2, 2022 $0.31 Cash Jun 15, 2022
19 Mar 3, 2022 $0.31 Cash Mar 16, 2022
20 Dec 2, 2021 $0.30 Cash Dec 15, 2021
Register free to view and download all 82 distribution records. Unlock full history

Mercantile Bank Corp Dividends API

Pull Mercantile Bank Corp's full dividend history (per-share payouts or trailing yield) into your own models, spreadsheets and apps with the Business Quant Dividends API. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/dividends?ticker=MBWM&mode=dps&api_key=YOUR_API_KEY