Mercantile Bank Corporation - 5 year dividend growth rate

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

YearDividendEstimated Yield on Cost
2034 6.857USD * 17.81%
2033 5.911USD * 15.36%
2032 5.096USD * 13.24%
2031 4.393USD * 11.41%
2030 3.787USD * 9.84%
2029 3.265USD * 8.48%
2028 2.814USD * 7.31%
2027 2.426USD * 6.30%
2026 2.092USD * 5.43%
2025 1.803USD * 4.68%
2024 1.554USD * 4.04%
2023 1.340USD
2022 1.260USD
2021 1.180USD
2020 1.120USD
2019 1.060USD
2018 1.663USD
2017 0.721USD
2016 1.141USD
2015 0.557USD
2014 0.519USD
2013 0.661USD
2012 0.344USD
2011 0.034USD
2010 0.078USD
2009 0.406USD
2008 1.077USD
2007 1.313USD
2006 1.166USD
2005 0.971USD
2004 0.811USD
2003 0.795USD
2002 0.398USD
2001 0.342USD
2000 0.297USD

* These yearly dividends are calculated as current last years dividends times conservative dividend growth rate. Conservative dividend growth rate is calculated from DGR5 value and uses this function (in MBWM case 16.00% was used as conservative DGR).

MBWM

List: Contenders

Price: 38.49USD

52 week price:
22.90
42.82

Dividend Yield: 3.78%

5-year range yield:
3.08%
5.22%

Forward Dividend Yield: 3.68%

Payout Ratio: 27.29%

Payout Ratio Range:
6.90%
54.94%

Dividend Per Share: 1.40 USD

Earnings Per Share: 5.13 USD

P/E Ratio: 7.42

Exchange: NMS

Sector: Financial Services

Industry: Banks - Regional

Volume: 13616

Market Capitalization: 603.7 million

Average Dividend Frequency: 6

Years Paying Dividends: 25

DGR3: 5.93%

DGR5: 22.41%

DGR10: 25.20%

DGR20: 30.00%

Links: