Mercantile Bank Corporation ( MBWM) Dividends
New to Digrin? See what a Digrin managed dividend portfolio looks like.
Last dividend for Mercantile Bank Corporation (MBWM) as of Oct. 6, 2024 is 0.36 USD. The forward dividend yield for MBWM as of Oct. 6, 2024 is 3.45%. Average dividend growth rate for stock Mercantile Bank Corporation (MBWM) for past three years is 6.47%.
Dividend history for stock MBWM (Mercantile Bank Corporation) including historic stock price, dividend growth rate predictions based on history, payout ratio history and split, spin-off and special dividends.
Mercantile Bank Corporation Dividends
| Ex-dividend date | Payable date | Dividend amount (change) | Adjusted Price | Close Price |
|---|---|---|---|---|
| 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 (-74%) | 28.55 USD | 32.97 USD |
| 2018-12-06 | 2018-12-19 | 1 USD | 24.56 USD | 28.59 USD |
| 2018-12-06 | 2018-12-19 | 1 USD (327.53%) Special | 24.56 USD | 28.59 USD |
| 2018-09-06 | 2018-09-19 | 0.2339 USD (9.10%) | 28.59 USD | 34.44 USD |
| 2018-06-07 | 2018-06-20 | 0.2144 USD | 30.72 USD | 37.26 USD |
| 2018-03-08 | 2018-03-21 | 0.2144 USD (15.77%) | 29.00 USD | 35.38 USD |
| 2017-12-07 | 2017-12-20 | 0.1852 USD | 29.25 USD | 35.90 USD |
| 2017-09-07 | 2017-09-20 | 0.1852 USD (5.53%) | 23.59 USD | 29.11 USD |
| 2017-06-07 | 2017-06-21 | 0.1755 USD | 25.09 USD | 31.16 USD |
| 2017-03-08 | 2017-03-22 | 0.1755 USD (-73.81%) | 26.53 USD | 33.13 USD |
| 2016-12-07 | 2016-12-21 | 0.6700 USD | 27.15 USD | 34.09 USD |
| 2016-12-07 | 2016-12-21 | 0.6700 USD (310.29%) Special | 27.15 USD | 34.09 USD |
| 2016-09-07 | 2016-09-21 | 0.1633 USD (6.25%) | 20.93 USD | 26.79 USD |
| 2016-06-08 | 2016-06-23 | 0.1537 USD | 19.49 USD | 25.11 USD |
| 2016-03-09 | 2016-03-23 | 0.1537 USD (6.66%) | 17.81 USD | 23.09 USD |
| 2015-12-09 | 2015-12-23 | 0.1441 USD | 18.89 USD | 24.67 USD |
| 2015-09-09 | 2015-09-23 | 0.1441 USD (7.14%) | 15.04 USD | 19.76 USD |
| 2015-06-10 | 2015-06-24 | 0.1345 USD | 15.44 USD | 20.43 USD |
| 2015-03-11 | 2015-03-25 | 0.1345 USD (16.65%) | 14.26 USD | 19.00 USD |
| 2014-12-10 | 2014-12-24 | 0.1153 USD | 14.58 USD | 19.57 USD |
| 2014-09-10 | 2014-09-24 | 0.1153 USD | 14.11 USD | 19.06 USD |
| 2014-06-11 | 2014-06-25 | 0.1153 USD (-94.24%) | 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 (402.33%) | 2.42 USD | 3.78 USD |
| 2010-02-08 | 2010-03-10 | 0.0086 USD (-90.05%) | 2.22 USD | 3.44 USD |
| 2009-11-24 | 2009-12-17 | 0.0864 USD (904.65%) | 2.11 USD | 3.30 USD |
| 2009-11-06 | 2009-12-10 | 0.0086 USD (-90.05%) | 2.36 USD | 3.67 USD |
| 2009-08-26 | 2009-09-17 | 0.0864 USD (904.65%) | 2.86 USD | 4.50 USD |
| 2009-08-06 | 2009-09-10 | 0.0086 USD (-90.05%) | 2.44 USD | 3.80 USD |
| 2009-05-20 | 2009-06-11 | 0.0864 USD (904.65%) | 2.42 USD | 3.81 USD |
| 2009-05-06 | 2009-06-10 | 0.0086 USD (-90.05%) | 2.48 USD | 3.87 USD |
| 2009-03-04 | 2009-03-19 | 0.0864 USD (149.71%) | 3.40 USD | 5.37 USD |
| 2009-02-06 | 2009-03-10 | 0.0346 USD (-82.21%) | 2.70 USD | 4.22 USD |
| 2008-11-19 | 2008-12-11 | 0.1945 USD (462.14%) | 4.32 USD | 6.89 USD |
| 2008-11-06 | 2008-12-10 | 0.0346 USD (-82.21%) | 4.75 USD | 7.50 USD |
| 2008-08-20 | 2008-09-11 | 0.1945 USD (462.14%) | 5.41 USD | 8.67 USD |
| 2008-08-06 | 2008-09-10 | 0.0346 USD (-82.21%) | 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 (32.33%) | 19.32 USD | 32.34 USD |
| 2007-02-07 | 2007-03-09 | 0.1333 USD (-24.43%) | 19.88 USD | 32.96 USD |
| 2006-11-20 | 2006-12-07 | 0.1764 USD (42.49%) | 21.67 USD | 36.42 USD |
| 2006-11-08 | 2006-12-08 | 0.1238 USD (-29.82%) | 22.05 USD | 36.70 USD |
| 2006-08-23 | 2006-09-14 | 0.1764 USD (42.49%) | 22.88 USD | 38.59 USD |
| 2006-08-08 | 2006-09-08 | 0.1238 USD (-29.82%) | 22.32 USD | 37.29 USD |
| 2006-05-24 | 2006-06-15 | 0.1764 USD (42.49%) | 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 (43.84%) | 21.78 USD | 36.98 USD |
| 2006-02-08 | 2006-03-10 | 0.1088 USD (-30.48%) | 21.31 USD | 35.83 USD |
| 2005-11-21 | 2005-12-08 | 0.1565 USD (56.81%) | 22.37 USD | 38.10 USD |
| 2005-11-08 | 2005-12-09 | 0.0998 USD (-36.23%) | 22.31 USD | 37.64 USD |
| 2005-08-24 | 2005-09-15 | 0.1565 USD (56.81%) | 25.32 USD | 43.24 USD |
| 2005-08-08 | 2005-09-09 | 0.0998 USD (-29.67%) | 25.05 USD | 42.38 USD |
| 2005-05-25 | 2005-06-16 | 0.1419 USD (49.37%) | 21.64 USD | 37.05 USD |
| 2005-05-06 | 2005-06-10 | 0.0950 USD (-29.89%) | 21.78 USD | 36.93 USD |
| 2005-02-23 | 2005-03-17 | 0.1355 USD (56.83%) | 23.06 USD | 39.58 USD |
| 2005-02-08 | 2005-03-10 | 0.0864 USD (-33.02%) | 24.16 USD | 41.09 USD |
| 2004-11-22 | 2004-12-09 | 0.1290 USD (65.81%) | 21.51 USD | 37.01 USD |
| 2004-11-08 | 2004-12-10 | 0.0778 USD (-39.69%) | 20.43 USD | 34.81 USD |
| 2004-08-25 | 2004-09-16 | 0.1290 USD (65.81%) | 18.40 USD | 31.74 USD |
| 2004-08-06 | 2004-09-10 | 0.0778 USD (-39.69%) | 17.63 USD | 30.11 USD |
| 2004-05-26 | 2004-06-17 | 0.1290 USD (65.81%) | 17.09 USD | 29.55 USD |
| 2004-05-06 | 2004-06-10 | 0.0778 USD (-33.50%) | 19.14 USD | 32.79 USD |
| 2004-02-25 | 2004-03-12 | 0.1170 USD (58.11%) | 18.41 USD | 31.92 USD |
| 2004-02-06 | 2004-03-10 | 0.0740 USD (-36.75%) | 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: $41.78
52 week price:
Dividend Yield: 0.03%
5-year range yield:
Forward Dividend Yield: 3.45%
Payout Ratio: 28.51%
Payout Ratio Range:
Dividend Per Share: 1.44 USD
Earnings Per Share: 5.05 USD
P/E Ratio: 8.74
Exchange: NMS
Sector: Financial Services
Industry: Banks - Regional
Volume: 13616
Market Capitalization: 712.5 million
Average Dividend Frequency: 4
Years Paying Dividends: 25
DGR3: 6.47%
DGR5: -2.82%
DGR10: 17.16%
DGR20: 30.00%