Mercantile Bank Corp. estimated dividends

Dividend history for stock MBWM (Mercantile Bank Corp.) including dividend growth rate predictions based on history.

YearDividendEstimated Yield on Cost
2029 $59.230 * 163.53%
2028 $42.844 * 118.29%
2027 $30.990 * 85.56%
2026 $22.417 * 61.89%
2025 $16.215 * 44.77%
2024 $11.729 * 32.38%
2023 $8.484 * 23.42%
2022 $6.137 * 16.94%
2021 $4.439 * 12.26%
2020 $3.211 * 8.86%
2019 $2.323 * 6.41%
2018 $1.680
2017 $0.740
2016 $1.160
2015 $0.580
2014 $0.480
2013 $0.450
2012 $0.090
2010 $0.010
2009 $0.070
2008 $0.310
2007 $0.553
2006 $0.486
2005 $0.400
2004 $0.323
2003 $0.346

* These yearly dividends are calculated as current last years dividends times conservative dividend growth rate. Conservative dividend growth rate is calculated from DGR3 value and uses this function (in MBWM case 38.25% was used as conservative DGR).

MBWM

List: Challengers

Price: $36.22

52 week range price:
$26.40
$36.69

Dividend Yield: 2.24%

5-year range yield:
1.59%
28.34%

Payout Ratio: 40.94%

Payout Ratio Range:
6.90%
40.94%

Dividend Per Share: $1.04

Earnings Per Share: $2.54

P/E Ratio: 12.52

Exchange: NMS

Sector: Finance

Industry: Major Banks

Volume: 33070

Ebitda: NaN

Market Capitalization: 593.0 million

Average Dividend Frequency: 4

Last 12 month Dividends paid: 3

Years Paying Dividends: 8

DGR3: 63.61%

DGR5: 43.66%

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