Mercantile Bank Corporation dividend history

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.

Dividends

DateValue (change) Adj PriceClose Price
March 18, 2020 $0.28 Upcoming dividend
Dec. 18, 2019 $0.27 $35.04 $35.04
Sept. 18, 2019 $0.27 (3.85%) $30.76 $31.00
June 19, 2019 $0.26 $30.82 $31.34
March 20, 2019 $0.26 (-74%) $32.16 $32.97
Dec. 19, 2018 $1 $27.67 $28.59
Dec. 19, 2018 $1 Special (316.67%) $27.67 $28.59
Sept. 19, 2018 $0.24 (9.09%) $32.21 $34.44
June 20, 2018 $0.22 $34.61 $37.26
March 21, 2018 $0.22 (15.79%) $32.67 $35.38
Dec. 20, 2017 $0.19 $32.95 $35.90
Sept. 20, 2017 $0.19 (5.56%) $26.58 $29.11
June 21, 2017 $0.18 $28.27 $31.16
March 22, 2017 $0.18 (-73.13%) $29.88 $33.13
Dec. 21, 2016 $0.67 Special $30.58 $34.09
Dec. 21, 2016 $0.67 (294.12%) $30.58 $34.09
Sept. 21, 2016 $0.17 (6.25%) $23.57 $26.79
June 23, 2016 $0.16 $21.96 $25.11
March 23, 2016 $0.16 (6.67%) $20.06 $23.09
Dec. 23, 2015 $0.15 $21.28 $24.67
Sept. 23, 2015 $0.15 (7.14%) $16.95 $19.76
June 24, 2015 $0.14 $17.39 $20.43
March 25, 2015 $0.14 (16.67%) $16.06 $19.00
Dec. 24, 2014 $0.12 $16.42 $19.57
Sept. 24, 2014 $0.12 $15.90 $19.06
June 25, 2014 $0.12 (-94%) $16.48 $19.88
May 29, 2014 $2 Special (1566.67%) $17.44 $21.17
March 10, 2014 $0.12 $14.64 $19.41
Dec. 10, 2013 $0.12 $16.41 $21.89
Sept. 10, 2013 $0.12 (9.09%) $14.39 $19.30
June 10, 2013 $0.11 (10%) $12.60 $17.00
March 8, 2013 $0.1 (11.11%) $12.17 $16.53
Dec. 10, 2012 $0.09 (800%) $10.72 $14.65
March 10, 2010 $0.01 $2.50 $3.44
Dec. 10, 2009 $0.01 $2.66 $3.67
Sept. 10, 2009 $0.01 $2.75 $3.80
June 10, 2009 $0.01 (-75%) $2.79 $3.87
March 10, 2009 $0.04 $3.04 $4.22
Dec. 10, 2008 $0.04 $5.35 $7.50
Sept. 10, 2008 $0.04 (-50%) $6.57 $9.26
June 10, 2008 $0.08 (-46.67%) $7.12 $10.08
March 10, 2008 $0.15 (7.14%) $9.92 $14.16
Dec. 10, 2007 $0.14 $11.65 $16.80
Sept. 10, 2007 $0.14 $14.41 $20.95
June 8, 2007 $0.14 (5.00%) $18.70 $27.38
March 9, 2007 $0.13333 (7.69%) $22.40 $32.96
Dec. 8, 2006 $0.12381 $24.84 $36.70
Sept. 8, 2006 $0.12381 $25.15 $37.29
June 9, 2006 $0.12381 (8.33%) $24.37 $36.25
March 10, 2006 $0.11429 (9.10%) $24.00 $35.83
Dec. 9, 2005 $0.10476 $25.13 $37.64
Sept. 9, 2005 $0.10476 (5.00%) $28.22 $42.38
June 10, 2005 $0.09977 (10%) $24.54 $36.93
March 10, 2005 $0.0907 (11.11%) $27.22 $41.09
Dec. 10, 2004 $0.08163 $23.01 $34.81
Sept. 10, 2004 $0.08163 $19.86 $30.11
June 10, 2004 $0.08163 (4.99%) $21.57 $32.79
March 10, 2004 $0.07775 (12.50%) $20.27 $30.89
Dec. 10, 2003 $0.06911 $18.51 $28.29
Sept. 10, 2003 $0.06911 $17.98 $27.55
June 10, 2003 $0.06911 $14.88 $22.85
March 10, 2003 $0.06911 (0.01%) $13.74 $21.16
Jan. 15, 2003 $0.0691 $15.20 $24.53

Split

DateSplit Ratio
April 19, 2007 1.050
July 14, 2005 1.050
April 14, 2004 1.050
Jan. 15, 2003 1.050
Jan. 16, 2002 1.050
Jan. 17, 2001 1.050

MBWM

List: Challengers

Price: $31.78

52 week range price:
$29.78
$37.32

Dividend Yield: 3.40%

5-year range yield:
2.12%
13.99%

Payout Ratio: 40.94%

Payout Ratio Range:
6.90%
40.94%

Dividend Per Share: $1.04

Earnings Per Share: $2.54

Future Ex-Dividend Date: March 5, 2020

P/E Ratio: 10.95

Exchange: NMS

Sector: Finance

Industry: Major Banks

Volume: 21987

Ebitda: NaN

Market Capitalization: 542.4 million

Average Dividend Frequency: 4

Last 12 month Dividends paid: 4

Years Paying Dividends: 8

DGR3: 17.97%

DGR5: 34.95%

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