Mercantile Bank Corp. - 3 year dividend growth rate

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

YearDividendEstimated Yield on Cost
2030 4.312USD * 16.86%
2029 3.796USD * 14.84%
2028 3.341USD * 13.07%
2027 2.941USD * 11.50%
2026 2.589USD * 10.12%
2025 2.279USD * 8.91%
2024 2.006USD * 7.84%
2023 1.766USD * 6.90%
2022 1.554USD * 6.08%
2021 1.368USD * 5.35%
2020 1.204USD * 4.71%
2019 1.060USD
2018 1.680USD
2017 0.740USD
2016 1.160USD
2015 0.580USD
2014 0.480USD
2013 0.450USD
2012 0.090USD
2010 0.010USD
2009 0.070USD
2008 0.310USD
2007 0.553USD
2006 0.486USD
2005 0.400USD
2004 0.323USD
2003 0.346USD

* 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 13.60% was used as conservative DGR).

MBWM

List: Challengers

Price: 25.57USD

52 week range price:
17.09
37.32

Dividend Yield: 4.38%

5-year range yield:
2.12%
13.99%

Payout Ratio: 39.08%

Payout Ratio Range:
6.90%
40.94%

Dividend Per Share: 1.04 USD

Earnings Per Share: 2.66 USD

Future Ex-Dividend Date: -

P/E Ratio: 9.05

Exchange: NMS

Sector: Financial Services

Industry: Banks—Regional

Volume: 27002

Ebitda: -

Market Capitalization: 391.1 million

Average Dividend Frequency: 4

Last 12 month Dividends paid: 4

Years Paying Dividends: 9

DGR3: 17.97%

DGR5: 34.95%

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