Mercantile Bank Corporation (MBWM) Dividends
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Last dividend for Mercantile Bank Corporation (MBWM) as of July 24, 2026 is 0.39 USD. The forward dividend yield for MBWM as of July 24, 2026 is 2.61%. Average dividend growth rate for stock Mercantile Bank Corporation (MBWM) for past three years is 6.17%.
Dividend history for stock MBWM (Mercantile Bank Corporation) including historic stock price, dividend growth rate predictions based on history and split, spin-off and special dividends.
Mercantile Bank Corporation Dividends
| Ex-dividend date | Payable date | Dividend amount (change) | Adjusted Price | Close Price |
|---|---|---|---|---|
| 2026-06-05 | 2026-06-17 | 0.3900 USD | 51.99 USD | 51.99 USD |
| 2026-03-06 | 2026-03-18 | 0.3900 USD (2.63%) | 53.31 USD | 53.31 USD |
| 2025-12-05 | 2025-12-17 | 0.3800 USD | 44.21 USD | 44.21 USD |
| 2025-09-05 | 2025-09-17 | 0.3800 USD (2.70%) | 44.90 USD | 44.90 USD |
| 2025-06-06 | 2025-06-18 | 0.3700 USD | 43.11 USD | 43.11 USD |
| 2025-03-07 | 2025-03-19 | 0.3700 USD (2.78%) | 46.57 USD | 46.57 USD |
| 2024-12-06 | 2024-12-18 | 0.3600 USD | 48.59 USD | 48.59 USD |
| 2024-09-06 | 2024-09-18 | 0.3600 USD (2.86%) | 41.53 USD | 41.53 USD |
| 2024-06-07 | 2024-06-19 | 0.3500 USD | 39.61 USD | 39.61 USD |
| 2024-02-29 | 2024-03-13 | 0.3500 USD (2.94%) | 40.60 USD | 40.60 USD |
| 2023-11-30 | 2023-12-13 | 0.3400 USD | 34.69 USD | 34.69 USD |
| 2023-08-31 | 2023-09-13 | 0.3400 USD (3.03%) | 35.12 USD | 35.12 USD |
| 2023-06-01 | 2023-06-14 | 0.3300 USD | 26.12 USD | 26.12 USD |
| 2023-03-02 | 2023-03-15 | 0.3300 USD (3.13%) | 33.97 USD | 33.97 USD |
| 2022-12-01 | 2022-12-14 | 0.3200 USD | 34.70 USD | 34.70 USD |
| 2022-09-01 | 2022-09-14 | 0.3200 USD (3.23%) | 32.66 USD | 32.96 USD |
| 2022-06-02 | 2022-06-15 | 0.3100 USD | 31.82 USD | 32.43 USD |
| 2022-03-03 | 2022-03-16 | 0.3100 USD (3.33%) | 36.47 USD | 37.52 USD |
| 2021-12-02 | 2021-12-15 | 0.3000 USD | 32.82 USD | 34.05 USD |
| 2021-09-02 | 2021-09-15 | 0.3000 USD (3.45%) | 29.94 USD | 31.34 USD |
| 2021-06-03 | 2021-06-16 | 0.2900 USD | 30.74 USD | 32.49 USD |
| 2021-03-04 | 2021-03-17 | 0.2900 USD (3.57%) | 28.63 USD | 30.54 USD |
| 2020-12-03 | 2020-12-16 | 0.2800 USD | 23.32 USD | 25.10 USD |
| 2020-09-03 | 2020-09-16 | 0.2800 USD | 19.71 USD | 21.46 USD |
| 2020-06-04 | 2020-06-17 | 0.2800 USD | 21.38 USD | 23.57 USD |
| 2020-03-05 | 2020-03-18 | 0.2800 USD (3.70%) | 24.91 USD | 27.80 USD |
| 2019-12-05 | 2019-12-18 | 0.2700 USD | 31.10 USD | 35.04 USD |
| 2019-09-05 | 2019-09-18 | 0.2700 USD (3.85%) | 27.30 USD | 31.00 USD |
| 2019-06-06 | 2019-06-19 | 0.2600 USD | 27.36 USD | 31.34 USD |
| 2019-03-07 | 2019-03-20 | 0.2600 USD (4%) | 28.55 USD | 32.97 USD |
| 2018-12-06 | 2018-12-19 | 0.2500 USD (-66.67%) | 21.61 USD | 28.26 USD |
| 2018-12-06 | 2018-12-19 | 0.7500 USD (212.50%) Special | 24.56 USD | 28.59 USD |
| 2018-09-06 | 2018-09-19 | 0.2400 USD (9.09%) | 28.59 USD | 34.44 USD |
| 2018-06-07 | 2018-06-20 | 0.2200 USD | 30.72 USD | 37.26 USD |
| 2018-03-08 | 2018-03-21 | 0.2200 USD (15.79%) | 29.00 USD | 35.38 USD |
| 2017-12-07 | 2017-12-20 | 0.1900 USD | 29.25 USD | 35.90 USD |
| 2017-09-07 | 2017-09-20 | 0.1900 USD (5.56%) | 23.59 USD | 29.11 USD |
| 2017-06-07 | 2017-06-21 | 0.1800 USD | 25.09 USD | 31.16 USD |
| 2017-03-08 | 2017-03-22 | 0.1800 USD (-64%) | 26.53 USD | 33.13 USD |
| 2016-12-07 | 2016-12-21 | 0.5000 USD (194.12%) Special | 27.15 USD | 34.09 USD |
| 2016-12-07 | 2016-12-21 | 0.1700 USD | 26.68 USD | 37.70 USD |
| 2016-09-07 | 2016-09-21 | 0.1700 USD (6.25%) | 20.93 USD | 26.79 USD |
| 2016-06-08 | 2016-06-23 | 0.1600 USD | 19.49 USD | 25.11 USD |
| 2016-03-09 | 2016-03-23 | 0.1600 USD (6.67%) | 17.81 USD | 23.09 USD |
| 2015-12-09 | 2015-12-23 | 0.1500 USD | 18.89 USD | 24.67 USD |
| 2015-09-09 | 2015-09-23 | 0.1500 USD (7.14%) | 15.04 USD | 19.76 USD |
| 2015-06-10 | 2015-06-24 | 0.1400 USD | 15.44 USD | 20.43 USD |
| 2015-03-11 | 2015-03-25 | 0.1400 USD (16.67%) | 14.26 USD | 19.00 USD |
| 2014-12-10 | 2014-12-24 | 0.1200 USD | 14.58 USD | 19.57 USD |
| 2014-09-10 | 2014-09-24 | 0.1200 USD | 14.11 USD | 19.06 USD |
| 2014-06-11 | 2014-06-25 | 0.1200 USD (-94%) | 14.63 USD | 19.88 USD |
| 2014-05-20 | 2014-05-29 | 2 USD (3687.88%) Special | 15.48 USD | 21.17 USD |
| 2014-03-07 | 2014-03-27 | 0.0528 USD (-56%) | 13.68 USD | 20.62 USD |
| 2014-02-06 | 2014-03-10 | 0.1200 USD (127.27%) | 13.00 USD | 19.41 USD |
| 2013-12-11 | 2013-12-26 | 0.0528 USD (-56%) | 14.23 USD | 21.58 USD |
| 2013-11-06 | 2013-12-10 | 0.1200 USD (127.27%) | 14.57 USD | 21.89 USD |
| 2013-09-06 | 2013-09-26 | 0.0528 USD (-56%) | 14.28 USD | 21.78 USD |
| 2013-08-07 | 2013-09-10 | 0.1200 USD (127.27%) | 12.78 USD | 19.30 USD |
| 2013-06-07 | 2013-06-27 | 0.0528 USD (-52%) | 11.71 USD | 17.97 USD |
| 2013-05-08 | 2013-06-10 | 0.1100 USD (108.33%) | 11.18 USD | 17.00 USD |
| 2013-03-08 | 2013-03-28 | 0.0528 USD (-47.20%) | 10.68 USD | 16.50 USD |
| 2013-02-06 | 2013-03-08 | 0.1000 USD (-43.18%) | 10.80 USD | 16.53 USD |
| 2012-12-18 | 2012-12-31 | 0.1760 USD (1922.99%) | 10.62 USD | 16.50 USD |
| 2012-11-20 | 2012-12-13 | 0.0087 USD (-90.33%) | 9.32 USD | 14.48 USD |
| 2012-11-07 | 2012-12-10 | 0.0900 USD (934.48%) | 9.52 USD | 14.65 USD |
| 2012-08-22 | 2012-09-13 | 0.0087 USD | 10.84 USD | 16.95 USD |
| 2012-05-23 | 2012-06-14 | 0.0087 USD (-83.30%) | 9.32 USD | 14.57 USD |
| 2012-02-22 | 2012-03-15 | 0.0521 USD (505.81%) | 8.60 USD | 13.45 USD |
| 2011-11-22 | 2011-12-15 | 0.0086 USD | 6.02 USD | 9.41 USD |
| 2011-08-24 | 2011-09-15 | 0.0086 USD | 5.34 USD | 8.35 USD |
| 2011-05-25 | 2011-06-16 | 0.0086 USD | 5.79 USD | 9.05 USD |
| 2011-02-23 | 2011-03-17 | 0.0086 USD | 5.35 USD | 8.36 USD |
| 2010-11-23 | 2010-12-16 | 0.0086 USD | 4.35 USD | 6.80 USD |
| 2010-08-25 | 2010-09-16 | 0.0086 USD | 3.13 USD | 4.90 USD |
| 2010-05-26 | 2010-06-17 | 0.0086 USD (-80.09%) | 3.81 USD | 5.95 USD |
| 2010-02-17 | 2010-03-11 | 0.0432 USD (332%) | 2.42 USD | 3.78 USD |
| 2010-02-08 | 2010-03-10 | 0.0100 USD (-88.43%) | 2.22 USD | 3.44 USD |
| 2009-11-24 | 2009-12-17 | 0.0864 USD (764%) | 2.11 USD | 3.30 USD |
| 2009-11-06 | 2009-12-10 | 0.0100 USD (-88.43%) | 2.36 USD | 3.67 USD |
| 2009-08-26 | 2009-09-17 | 0.0864 USD (764%) | 2.86 USD | 4.50 USD |
| 2009-08-06 | 2009-09-10 | 0.0100 USD (-88.43%) | 2.44 USD | 3.80 USD |
| 2009-05-20 | 2009-06-11 | 0.0864 USD (764%) | 2.42 USD | 3.81 USD |
| 2009-05-06 | 2009-06-10 | 0.0100 USD (-88.43%) | 2.48 USD | 3.87 USD |
| 2009-03-04 | 2009-03-19 | 0.0864 USD (116%) | 3.40 USD | 5.37 USD |
| 2009-02-06 | 2009-03-10 | 0.0400 USD (-79.43%) | 2.70 USD | 4.22 USD |
| 2008-11-19 | 2008-12-11 | 0.1945 USD (386.25%) | 4.32 USD | 6.89 USD |
| 2008-11-06 | 2008-12-10 | 0.0400 USD (-79.43%) | 4.75 USD | 7.50 USD |
| 2008-08-20 | 2008-09-11 | 0.1945 USD (386.25%) | 5.41 USD | 8.67 USD |
| 2008-08-06 | 2008-09-10 | 0.0400 USD (-79.43%) | 5.83 USD | 9.26 USD |
| 2008-05-21 | 2008-06-12 | 0.1945 USD (143.13%) | 5.22 USD | 8.41 USD |
| 2008-05-07 | 2008-06-10 | 0.0800 USD (-58.87%) | 6.32 USD | 10.08 USD |
| 2008-02-20 | 2008-03-13 | 0.1945 USD (29.67%) | 8.32 USD | 13.50 USD |
| 2008-02-06 | 2008-03-10 | 0.1500 USD (-22.88%) | 8.81 USD | 14.16 USD |
| 2007-11-20 | 2007-12-06 | 0.1945 USD (38.93%) | 10.44 USD | 17.13 USD |
| 2007-11-07 | 2007-12-10 | 0.1400 USD (-28.02%) | 10.34 USD | 16.80 USD |
| 2007-08-22 | 2007-09-13 | 0.1945 USD (38.93%) | 13.59 USD | 22.47 USD |
| 2007-08-08 | 2007-09-10 | 0.1400 USD (-28.02%) | 12.79 USD | 20.95 USD |
| 2007-05-23 | 2007-06-14 | 0.1945 USD (38.93%) | 16.51 USD | 27.49 USD |
| 2007-05-08 | 2007-06-08 | 0.1400 USD (-20.63%) | 16.60 USD | 27.38 USD |
| 2007-02-21 | 2007-03-15 | 0.1764 USD (32.30%) | 19.32 USD | 32.34 USD |
| 2007-02-07 | 2007-03-09 | 0.1333 USD (-24.41%) | 19.88 USD | 32.96 USD |
| 2006-11-20 | 2006-12-07 | 0.1764 USD (42.48%) | 21.67 USD | 36.42 USD |
| 2006-11-08 | 2006-12-08 | 0.1238 USD (-29.81%) | 22.05 USD | 36.70 USD |
| 2006-08-23 | 2006-09-14 | 0.1764 USD (42.48%) | 22.88 USD | 38.59 USD |
| 2006-08-08 | 2006-09-08 | 0.1238 USD (-29.81%) | 22.32 USD | 37.29 USD |
| 2006-05-24 | 2006-06-15 | 0.1764 USD (42.48%) | 22.63 USD | 38.29 USD |
| 2006-05-15 | 2006-06-09 | 0.1238 USD (-20.89%) | 21.63 USD | 36.25 USD |
| 2006-02-22 | 2006-03-16 | 0.1565 USD (43.78%) | 21.78 USD | 36.98 USD |
| 2006-02-08 | 2006-03-10 | 0.1088 USD (-30.45%) | 21.31 USD | 35.83 USD |
| 2005-11-21 | 2005-12-08 | 0.1565 USD (56.86%) | 22.37 USD | 38.10 USD |
| 2005-11-08 | 2005-12-09 | 0.0998 USD (-36.25%) | 22.31 USD | 37.64 USD |
| 2005-08-24 | 2005-09-15 | 0.1565 USD (56.86%) | 25.32 USD | 43.24 USD |
| 2005-08-08 | 2005-09-09 | 0.0998 USD (-29.69%) | 25.05 USD | 42.38 USD |
| 2005-05-25 | 2005-06-16 | 0.1419 USD (49.33%) | 21.64 USD | 37.05 USD |
| 2005-05-06 | 2005-06-10 | 0.0950 USD (-29.87%) | 21.78 USD | 36.93 USD |
| 2005-02-23 | 2005-03-17 | 0.1355 USD (56.86%) | 23.06 USD | 39.58 USD |
| 2005-02-08 | 2005-03-10 | 0.0864 USD (-33.04%) | 24.16 USD | 41.09 USD |
| 2004-11-22 | 2004-12-09 | 0.1290 USD (65.93%) | 21.51 USD | 37.01 USD |
| 2004-11-08 | 2004-12-10 | 0.0777 USD (-39.73%) | 20.43 USD | 34.81 USD |
| 2004-08-25 | 2004-09-16 | 0.1290 USD (65.93%) | 18.40 USD | 31.74 USD |
| 2004-08-06 | 2004-09-10 | 0.0777 USD (-39.73%) | 17.63 USD | 30.11 USD |
| 2004-05-26 | 2004-06-17 | 0.1290 USD (65.93%) | 17.09 USD | 29.55 USD |
| 2004-05-06 | 2004-06-10 | 0.0777 USD (-33.55%) | 19.14 USD | 32.79 USD |
| 2004-02-25 | 2004-03-12 | 0.1170 USD (58.02%) | 18.41 USD | 31.92 USD |
| 2004-02-06 | 2004-03-10 | 0.0740 USD (-36.72%) | 17.99 USD | 30.89 USD |
| 2003-11-24 | 2003-12-11 | 0.1170 USD (77.81%) | 16.96 USD | 29.48 USD |
| 2003-11-06 | 2003-12-10 | 0.0658 USD (-43.76%) | 16.43 USD | 28.29 USD |
| 2003-08-27 | 2003-09-12 | 0.1170 USD (77.81%) | 16.40 USD | 28.58 USD |
| 2003-08-07 | 2003-09-10 | 0.0658 USD (-43.76%) | 15.96 USD | 27.55 USD |
| 2003-05-28 | 2003-06-13 | 0.1170 USD (77.81%) | 12.79 USD | 22.34 USD |
| 2003-05-08 | 2003-06-10 | 0.0658 USD (-40.83%) | 13.21 USD | 22.85 USD |
| 2003-02-26 | 2003-03-14 | 0.1112 USD (69.00%) | 11.57 USD | 20.27 USD |
| 2003-02-06 | 2003-03-10 | 0.0658 USD (-4.78%) | 12.19 USD | 21.16 USD |
| 2003-01-15 | 0.0691 USD (-31.45%) | 12.98 USD | 21.19 USD | |
| 2002-11-25 | 2002-12-12 | 0.1008 USD | 9.64 USD | 16.95 USD |
| 2002-08-28 | 2002-09-13 | 0.1008 USD | 9.92 USD | 17.44 USD |
| 2002-05-30 | 2002-06-14 | 0.1008 USD (5.55%) | 10.56 USD | 18.55 USD |
| 2002-02-27 | 2002-03-15 | 0.0955 USD (10.28%) | 9.50 USD | 16.70 USD |
| 2001-11-29 | 2001-12-13 | 0.0866 USD | 8.03 USD | 14.10 USD |
| 2001-08-29 | 2001-09-14 | 0.0866 USD | 8.07 USD | 14.18 USD |
| 2001-05-30 | 2001-06-15 | 0.0866 USD (5.87%) | 7.62 USD | 13.39 USD |
| 2001-02-27 | 2001-03-15 | 0.0818 USD (10.24%) | 6.91 USD | 12.15 USD |
| 2000-11-29 | 2000-12-12 | 0.0742 USD | 4.88 USD | 8.58 USD |
| 2000-08-30 | 2000-09-15 | 0.0742 USD | 4.78 USD | 8.40 USD |
| 2000-05-30 | 2000-06-15 | 0.0742 USD | 4.30 USD | 7.56 USD |
| 2000-02-28 | 2000-03-15 | 0.0742 USD | 4.99 USD | 8.77 USD |
MBWM
List: Contenders
Price: $57.18
52 week price:
Dividend Yield: 2.58%
5-year range yield:
Forward Dividend Yield: 2.61%
Payout Ratio: 28.51%
Payout Ratio Range:
Dividend Per Share: 1.56 USD
Earnings Per Share: 5.40 USD
P/E Ratio: 10.70
Exchange: NMS
Sector: Financial Services
Industry: Banks - Regional
Country: United States
Volume: 13616
Market Capitalization: 998.5 million
Average Dividend Frequency: 4
Years Paying Dividends: 27
DGR3: 6.17%
DGR5: 5.83%
DGR10: 11.05%
DGR20: 30.00%