Mercantile Bank Corporation - Payout Ratio History
Payout ratio history for stock MBWM (Mercantile Bank Corporation).
| Date | Payout ratio |
|---|---|
| April 2024 | 27.29% |
| March 2024 | 27.29% |
| February 2024 | 27.29% |
| January 2024 | 31.63% |
| December 2023 | 31.63% |
| November 2023 | 34% |
| October 2023 | 34% |
| September 2023 | 34% |
| August 2023 | 34% |
| July 2023 | 34.46% |
| June 2023 | 34.46% |
| May 2023 | 30.84% |
| April 2023 | 30.26% |
| March 2023 | 30.26% |
| February 2023 | 30.26% |
| January 2023 | 28.13% |
| December 2022 | 28.13% |
| November 2022 | 28.13% |
| October 2022 | 54.94% |
| September 2022 | 54.94% |
| August 2022 | 43.21% |
| July 2022 | 53.22% |
| June 2022 | 53.22% |
| May 2022 | 53.22% |
| April 2022 | 53.22% |
| March 2022 | 51.50% |
| February 2022 | 51.50% |
| January 2022 | 51.50% |
| December 2021 | 51.50% |
| October 2021 | 34.09% |
| September 2021 | 32.95% |
| August 2021 | 39.46% |
| July 2021 | 39.46% |
| June 2021 | 39.46% |
| May 2021 | 42.80% |
| April 2021 | 42.80% |
| March 2021 | 42.11% |
| February 2021 | 42.11% |
| January 2021 | 42.11% |
| December 2020 | 39.10% |
| November 2020 | 39.08% |
| October 2020 | 37.53% |
| September 2020 | 37.53% |
| August 2020 | 37.53% |
| July 2020 | 35.28% |
| June 2020 | 35.28% |
| May 2020 | 35.28% |
| April 2020 | 40.94% |
| March 2020 | 40.94% |
| February 2020 | 40.94% |
| January 2020 | 40.94% |
| December 2019 | 40.94% |
| November 2019 | 40.94% |
| October 2019 | 40.94% |
| September 2019 | 40.94% |
| August 2019 | 40.94% |
| July 2019 | 40.94% |
| June 2019 | 40.94% |
| May 2019 | 40.94% |
| April 2019 | 40.94% |
| March 2019 | 40.94% |
| February 2019 | 40.94% |
| December 2018 | 37.50% |
| December 2017 | 37.70% |
| December 2016 | 34.60% |
| December 2015 | 34% |
| December 2014 | 32.40% |
| December 2013 | 24.60% |
| December 2012 | 6.90% |
| December 2006 | 23.76% |
| December 2005 | 23.24% |
| December 2004 | 24.41% |
| December 2003 | 25.56% |
| December 2002 | 23.38% |
| December 2001 | 38.31% |
MBWM
List: Contenders
Price: $36.07
Dividend Yield: 4.11%
Forward Dividend Yield: 3.88%
Payout Ratio: 27.29%
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: 550.4 million
Average Dividend Frequency: 6
Years Paying Dividends: 25
DGR3: 5.93%
DGR5: 22.41%
DGR10: 25.20%
DGR20: 30.00%