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 | 2.898USD | 5.07% |
| 2035 | 2.730USD | 4.77% |
| 2034 | 2.571USD | 4.50% |
| 2033 | 2.422USD | 4.23% |
| 2032 | 2.281USD | 3.99% |
| 2031 | 2.148USD | 3.76% |
| 2030 | 2.023USD | 3.54% |
| 2029 | 1.906USD | 3.33% |
| 2028 | 1.795USD | 3.14% |
| 2027 | 1.691USD | 2.96% |
| 2026 | 1.593USD | 2.79% |
MBWM Dividend Growth Rate for past 5 years (DGR5)
| Year | Dividend | Estimated Yield on Cost |
|---|---|---|
| 2036 | 2.798USD | 4.89% |
| 2035 | 2.644USD | 4.62% |
| 2034 | 2.498USD | 4.37% |
| 2033 | 2.361USD | 4.13% |
| 2032 | 2.231USD | 3.90% |
| 2031 | 2.108USD | 3.69% |
| 2030 | 1.992USD | 3.48% |
| 2029 | 1.882USD | 3.29% |
| 2028 | 1.778USD | 3.11% |
| 2027 | 1.680USD | 2.94% |
| 2026 | 1.587USD | 2.78% |
MBWM Dividend Growth Rate for past 10 years (DGR10)
| Year | Dividend | Estimated Yield on Cost |
|---|---|---|
| 2036 | 4.752USD | 8.31% |
| 2035 | 4.279USD | 7.48% |
| 2034 | 3.853USD | 6.74% |
| 2033 | 3.470USD | 6.07% |
| 2032 | 3.124USD | 5.46% |
| 2031 | 2.814USD | 4.92% |
| 2030 | 2.534USD | 4.43% |
| 2029 | 2.281USD | 3.99% |
| 2028 | 2.054USD | 3.59% |
| 2027 | 1.850USD | 3.24% |
| 2026 | 1.666USD | 2.91% |
MBWM
List: Contenders
Price: $57.18
Dividend Yield: 2.58%
Forward Dividend Yield: 2.61%
Payout Ratio: 28.51%
Dividend Per Share: 1.56 USD
Earnings Per Share: 5.40 USD
P/E Ratio: 10.70
Exchange: NMS
Sector: Financial Services
Industry: Banks - Regional
Country: United States
Volume: 13616
Market Capitalization: 998.5 million
Average Dividend Frequency: 4
Years Paying Dividends: 27
DGR3: 6.17%
DGR5: 5.83%
DGR10: 11.05%
DGR20: 30.00%