Mercantile Bank Corporation ( MBWM) - Dividend Growth Rate (DGR)
MBWM Dividend Growth Rate for past 3 years (DGR3)
Dividend history for stock MBWM (Mercantile Bank Corporation) including dividend growth rate predictions based on history.
| Year | Dividend | Estimated Yield on Cost |
|---|---|---|
| 2036 | 2.870USD | 4.83% |
| 2035 | 2.705USD | 4.56% |
| 2034 | 2.551USD | 4.29% |
| 2033 | 2.404USD | 4.05% |
| 2032 | 2.267USD | 3.82% |
| 2031 | 2.137USD | 3.60% |
| 2030 | 2.014USD | 3.39% |
| 2029 | 1.899USD | 3.20% |
| 2028 | 1.790USD | 3.01% |
| 2027 | 1.688USD | 2.84% |
| 2026 | 1.591USD | 2.68% |
MBWM Dividend Growth Rate for past 5 years (DGR5)
| Year | Dividend | Estimated Yield on Cost |
|---|---|---|
| 2036 | 2.826USD | 4.76% |
| 2035 | 2.667USD | 4.49% |
| 2034 | 2.518USD | 4.24% |
| 2033 | 2.377USD | 4.00% |
| 2032 | 2.244USD | 3.78% |
| 2031 | 2.119USD | 3.57% |
| 2030 | 2.000USD | 3.37% |
| 2029 | 1.888USD | 3.18% |
| 2028 | 1.783USD | 3.00% |
| 2027 | 1.683USD | 2.83% |
| 2026 | 1.589USD | 2.68% |
MBWM Dividend Growth Rate for past 10 years (DGR10)
| Year | Dividend | Estimated Yield on Cost |
|---|---|---|
| 2036 | 4.525USD | 7.62% |
| 2035 | 4.093USD | 6.89% |
| 2034 | 3.702USD | 6.23% |
| 2033 | 3.349USD | 5.64% |
| 2032 | 3.029USD | 5.10% |
| 2031 | 2.739USD | 4.61% |
| 2030 | 2.478USD | 4.17% |
| 2029 | 2.241USD | 3.77% |
| 2028 | 2.027USD | 3.41% |
| 2027 | 1.834USD | 3.09% |
| 2026 | 1.658USD | 2.79% |
MBWM
List: Contenders
Price: $59.39
Dividend Yield: 2.62%
Forward Dividend Yield: 2.69%
Payout Ratio: 28.51%
Dividend Per Share: 1.60 USD
Earnings Per Share: 5.69 USD
P/E Ratio: 10.28
Exchange: NMS
Sector: Financial Services
Industry: Banks - Regional
Country: United States
Volume: 13616
Market Capitalization: 1.0 billion
Average Dividend Frequency: 4
Years Paying Dividends: 27
DGR3: 6.08%
DGR5: 5.93%
DGR10: 10.56%
DGR20: 30.00%