MBWM is Mercantile Bank Corporation (Financial Services). Trading at $61.73. Current dividend yield: 2.59%.
Dividend snapshot
| Annual dividend rate | $1.56 |
| Current yield | 2.59% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Sep 04, 2026(today) |
| Most recent payment date | Jun 05, 2026 |
| Last payment amount | $0.3900 |
| 5-year dividend CAGR | 6.02% |
| 3-year dividend CAGR | 5.98% |
| Payout ratio | 27% |
| Market cap | $1.07B |
| Exchange | NMS |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-09-04 | $0.4000 |
| 2026-06-05 | $0.3900 |
| 2026-03-06 | $0.3900 |
| 2025-12-05 | $0.3800 |
| 2025-09-05 | $0.3800 |
| 2025-06-06 | $0.3700 |
| 2025-03-07 | $0.3700 |
| 2024-12-06 | $0.3600 |
About MBWM
Mercantile Bank Corp operates as a bank holding company. It offers various commercial banking services to individuals, businesses, governmental units, and other institutions. These services include deposit products such as checking, savings, and term certificate accounts and lending products such as commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
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Frequently asked
What is MBWM's dividend yield?
MBWM (Mercantile Bank Corporation) currently has a dividend yield of 2.59%, which works out to about $1.56 in annual dividend payments per share.
When is MBWM's next ex-dividend date?
MBWM's next ex-dividend date is Sep 04, 2026 (today). To receive the upcoming dividend, you must own shares before this date.
When did MBWM last pay a dividend?
MBWM's most recent dividend payment date was Jun 05, 2026.
How often does MBWM pay dividends?
MBWM pays dividends on a quarterly schedule.
How fast is MBWM growing its dividend?
MBWM has been growing its dividend at a 5.98% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track MBWM in DiviDrip
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Data refreshed 2026-09-04. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.