Mercantile Bank MBWM Dividend Analysis

NASDAQ MBWM
$61.22 -0.14 (-0.23%)
At close: Nov 11, 2026 · 4:00 PM EST

Dividend Statistics

83 distributions on record

Mercantile Bank Corp has paid 83 recorded cash distributions, spanning 2004 to 2026.

TTM Dividend
$1.56
trailing twelve months
Latest Yield
2.54%
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
Dec 16, 2026
declared
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 Dec 16, 2026.

Trailing Dividend Yield

Yield %

The most recently recorded trailing dividend yield for Mercantile Bank Corp stands at 2.54%, peaking at 13.25% on Aug 5, 2014, and averaging 2.60% across the selected range.

Distribution History

83 Recorded Distributions

Spanning 2004–2026
Type Cash

View 83 recorded historical distributions for Mercantile Bank Corp, covering a time period spanning from 2004 to 2026.

# Ex-Date Amount Type Pay Date
1 Dec 4, 2026 $0.40 Cash Dec 16, 2026
2 Sep 4, 2026 $0.40 Cash Sep 16, 2026
3 Jun 5, 2026 $0.39 Cash Jun 17, 2026
4 Mar 6, 2026 $0.39 Cash Mar 18, 2026
5 Dec 5, 2025 $0.38 Cash Dec 17, 2025
6 Sep 5, 2025 $0.38 Cash Sep 17, 2025
7 Jun 6, 2025 $0.37 Cash Jun 18, 2025
8 Mar 7, 2025 $0.37 Cash Mar 19, 2025
9 Dec 6, 2024 $0.36 Cash Dec 18, 2024
10 Sep 6, 2024 $0.36 Cash Sep 18, 2024
11 Jun 7, 2024 $0.35 Cash Jun 19, 2024
12 Feb 29, 2024 $0.35 Cash Mar 13, 2024
13 Nov 30, 2023 $0.34 Cash Dec 13, 2023
14 Aug 31, 2023 $0.34 Cash Sep 13, 2023
15 Jun 1, 2023 $0.33 Cash Jun 14, 2023
16 Mar 2, 2023 $0.33 Cash Mar 15, 2023
17 Dec 1, 2022 $0.32 Cash Dec 14, 2022
18 Sep 1, 2022 $0.32 Cash Sep 14, 2022
19 Jun 2, 2022 $0.31 Cash Jun 15, 2022
20 Mar 3, 2022 $0.31 Cash Mar 16, 2022
Register free to view and download all 83 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