Mercantile Bank Corporation dividends
The current dividend payout for stock Mercantile Bank Corporation (MBWM) as of May 29, 2023 is 1.32 USD. The forward dividend yield for MBWM as of May 29, 2023 is 4.93%. Average dividend growth rate for stock Mercantile Bank Corporation (MBWM) for past three years is -8.95%.
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 |
|---|---|---|---|---|
| 2023-06-01 | 2023-06-14 | 0.330 USD (3.13%) | Upcoming dividend | |
| 2023-03-02 | 2023-03-15 | 0.320 USD | 33.97 USD | 33.97 USD |
| 2022-12-01 | 2022-12-14 | 0.320 USD | 34.70 USD | 34.70 USD |
| 2022-09-01 | 2022-09-14 | 0.320 USD (3.23%) | 32.66 USD | 32.96 USD |
| 2022-06-02 | 2022-06-15 | 0.310 USD | 31.82 USD | 32.43 USD |
| 2022-03-03 | 2022-03-16 | 0.310 USD (3.33%) | 36.47 USD | 37.52 USD |
| 2021-12-02 | 2021-12-15 | 0.300 USD | 32.82 USD | 34.05 USD |
| 2021-09-02 | 2021-09-15 | 0.300 USD (3.45%) | 29.94 USD | 31.34 USD |
| 2021-06-03 | 2021-06-16 | 0.290 USD | 30.74 USD | 32.49 USD |
| 2021-03-04 | 2021-03-17 | 0.290 USD (3.57%) | 28.63 USD | 30.54 USD |
| 2020-12-03 | 2020-12-16 | 0.280 USD | 23.32 USD | 25.10 USD |
| 2020-09-03 | 2020-09-16 | 0.280 USD | 19.71 USD | 21.46 USD |
| 2020-06-04 | 2020-06-17 | 0.280 USD | 21.38 USD | 23.57 USD |
| 2020-03-05 | 2020-03-18 | 0.280 USD (3.70%) | 24.91 USD | 27.80 USD |
| 2019-12-05 | 2019-12-18 | 0.270 USD | 31.10 USD | 35.04 USD |
| 2019-09-05 | 2019-09-18 | 0.270 USD (3.85%) | 27.30 USD | 31.00 USD |
| 2019-06-06 | 2019-06-19 | 0.260 USD | 27.36 USD | 31.34 USD |
| 2019-03-07 | 2019-03-20 | 0.260 USD (-74%) | 28.55 USD | 32.97 USD |
| 2018-12-06 | 2018-12-19 | 1.000 USD Special | 24.56 USD | 28.59 USD |
| 2018-12-06 | 2018-12-19 | 1.000 USD (316.67%) | 24.56 USD | 28.59 USD |
| 2018-09-06 | 2018-09-19 | 0.240 USD (9.09%) | 28.59 USD | 34.44 USD |
| 2018-06-07 | 2018-06-20 | 0.220 USD | 30.72 USD | 37.26 USD |
| 2018-03-08 | 2018-03-21 | 0.220 USD (15.79%) | 29.00 USD | 35.38 USD |
| 2017-12-07 | 2017-12-20 | 0.190 USD | 29.25 USD | 35.90 USD |
| 2017-09-07 | 2017-09-20 | 0.190 USD (5.56%) | 23.59 USD | 29.11 USD |
| 2017-06-07 | 2017-06-21 | 0.180 USD | 25.09 USD | 31.16 USD |
| 2017-03-08 | 2017-03-22 | 0.180 USD (-73.13%) | 26.53 USD | 33.13 USD |
| 2016-12-07 | 2016-12-21 | 0.670 USD Special | 27.15 USD | 34.09 USD |
| 2016-12-07 | 2016-12-21 | 0.670 USD (294.12%) | 27.15 USD | 34.09 USD |
| 2016-09-07 | 2016-09-21 | 0.170 USD (6.25%) | 20.93 USD | 26.79 USD |
| 2016-06-08 | 2016-06-23 | 0.160 USD | 19.49 USD | 25.11 USD |
| 2016-03-09 | 2016-03-23 | 0.160 USD (6.67%) | 17.81 USD | 23.09 USD |
| 2015-12-09 | 2015-12-23 | 0.150 USD | 18.89 USD | 24.67 USD |
| 2015-09-09 | 2015-09-23 | 0.150 USD (7.14%) | 15.04 USD | 19.76 USD |
| 2015-06-10 | 2015-06-24 | 0.140 USD | 15.44 USD | 20.43 USD |
| 2015-03-11 | 2015-03-25 | 0.140 USD (16.67%) | 14.26 USD | 19.00 USD |
| 2014-12-10 | 2014-12-24 | 0.120 USD | 14.58 USD | 19.57 USD |
| 2014-09-10 | 2014-09-24 | 0.120 USD | 14.11 USD | 19.06 USD |
| 2014-06-11 | 2014-06-25 | 0.120 USD (-94%) | 14.63 USD | 19.88 USD |
| 2014-05-20 | 2014-05-29 | 2.000 USD (1566.67%) Special | 15.48 USD | 21.17 USD |
| 2014-02-06 | 2014-03-10 | 0.120 USD | 13.00 USD | 19.41 USD |
| 2013-11-06 | 2013-12-10 | 0.120 USD | 14.57 USD | 21.89 USD |
| 2013-08-07 | 2013-09-10 | 0.120 USD (9.09%) | 12.78 USD | 19.30 USD |
| 2013-05-08 | 2013-06-10 | 0.110 USD (10%) | 11.18 USD | 17.00 USD |
| 2013-02-06 | 2013-03-08 | 0.100 USD (11.11%) | 10.80 USD | 16.53 USD |
| 2012-11-07 | 2012-12-10 | 0.090 USD (800%) | 9.52 USD | 14.65 USD |
| 2010-02-08 | 2010-03-10 | 0.010 USD | 2.22 USD | 3.44 USD |
| 2009-11-06 | 2009-12-10 | 0.010 USD | 2.36 USD | 3.67 USD |
| 2009-08-06 | 2009-09-10 | 0.010 USD | 2.44 USD | 3.80 USD |
| 2009-05-06 | 2009-06-10 | 0.010 USD (-75%) | 2.48 USD | 3.87 USD |
| 2009-02-06 | 2009-03-10 | 0.040 USD | 2.70 USD | 4.22 USD |
| 2008-11-06 | 2008-12-10 | 0.040 USD | 4.75 USD | 7.50 USD |
| 2008-08-06 | 2008-09-10 | 0.040 USD (-50%) | 5.83 USD | 9.26 USD |
| 2008-05-07 | 2008-06-10 | 0.080 USD (-46.67%) | 6.32 USD | 10.08 USD |
| 2008-02-06 | 2008-03-10 | 0.150 USD (7.14%) | 8.81 USD | 14.16 USD |
| 2007-11-07 | 2007-12-10 | 0.140 USD | 10.34 USD | 16.80 USD |
| 2007-08-08 | 2007-09-10 | 0.140 USD | 12.79 USD | 20.95 USD |
| 2007-05-08 | 2007-06-08 | 0.140 USD (5.00%) | 16.60 USD | 27.38 USD |
| 2007-02-07 | 2007-03-09 | 0.133 USD (7.69%) | 19.88 USD | 32.96 USD |
| 2006-11-08 | 2006-12-08 | 0.124 USD | 22.05 USD | 36.70 USD |
| 2006-08-08 | 2006-09-08 | 0.124 USD | 22.32 USD | 37.29 USD |
| 2006-05-15 | 2006-06-09 | 0.124 USD (8.33%) | 21.63 USD | 36.25 USD |
| 2006-02-08 | 2006-03-10 | 0.114 USD (9.09%) | 21.31 USD | 35.83 USD |
| 2005-11-08 | 2005-12-09 | 0.105 USD | 22.31 USD | 37.64 USD |
| 2005-08-08 | 2005-09-09 | 0.105 USD (5.00%) | 25.05 USD | 42.38 USD |
| 2005-05-06 | 2005-06-10 | 0.100 USD (10.00%) | 21.78 USD | 36.93 USD |
| 2005-02-08 | 2005-03-10 | 0.091 USD (11.11%) | 24.16 USD | 41.09 USD |
| 2004-11-08 | 2004-12-10 | 0.082 USD | 20.43 USD | 34.81 USD |
| 2004-08-06 | 2004-09-10 | 0.082 USD | 17.63 USD | 30.11 USD |
| 2004-05-06 | 2004-06-10 | 0.082 USD (5.00%) | 19.14 USD | 32.79 USD |
| 2004-02-06 | 2004-03-10 | 0.078 USD (12.50%) | 17.99 USD | 30.89 USD |
| 2003-11-06 | 2003-12-10 | 0.069 USD | 16.43 USD | 28.29 USD |
| 2003-08-07 | 2003-09-10 | 0.069 USD | 15.96 USD | 27.55 USD |
| 2003-05-08 | 2003-06-10 | 0.069 USD | 13.21 USD | 22.85 USD |
| 2003-02-06 | 2003-03-10 | 0.069 USD (0.01%) | 12.19 USD | 21.16 USD |
| 2003-01-15 | 0.069 USD | 12.98 USD | 21.19 USD | |
MBWM
List: Contenders
Price: 26.77USD
Dividend Yield: 4.83%
Forward Dividend Yield: 4.93%
Payout Ratio: 30.84%
Dividend Per Share: 1.32 USD
Earnings Per Share: 3.83 USD
P/E Ratio: 5.85
Exchange: NMS
Sector: Financial Services
Industry: Banks—Regional
Volume: 13616
Market Capitalization: 413.4 million
Average Dividend Frequency: 4
Years Paying Dividends: 12
DGR3: -8.95%
DGR5: 11.22%
DGR10: 26.36%