Mercantile Bank Corporation MBWMNasdaq

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Stock Metrics

Updated: 2026-08-10
Last Close
$60.59
PE Ratio
10.67
EPS
5.69
Market Cap
1.05B
52-Week Range %
$60.59
Next Earnings
2026-10-20

Dividend Metrics

Yield
2.64%
Yield on Cost
Payout Ratio
28.12 %
Frequency
Quarterly (MAR-JUN-SEP-DEC)
Annual Dividend
$1.60
Next Ex-Div
2026-09-04
Next Pay Date
2026-09-16

Dividend History

Ex-Dividend DatePayout DateCash Amount% Change
2027-03-052027-03-18$0.41raise expected ~2.7%
2026-12-042026-12-17$0.40unconfirmed/estimated
2026-09-042026-09-16$0.402.56%
2026-06-052026-06-17$0.39
2026-03-062026-03-18$0.392.63%
2025-12-052025-12-17$0.38
2025-09-052025-09-17$0.382.7%
2025-06-062025-06-18$0.37
2025-03-072025-03-19$0.372.78%
2024-12-062024-12-18$0.36
2024-09-062024-09-18$0.362.86%
2024-06-072024-06-19$0.35
2024-02-292024-03-13$0.352.94%
2023-11-302023-12-13$0.34
2023-08-312023-09-13$0.343.03%
2023-06-012023-06-14$0.33
2023-03-012023-03-15$0.333.13%
2022-12-012022-12-14$0.32
2022-09-012022-09-14$0.323.23%
2022-06-022022-06-15$0.31
2022-03-032022-03-16$0.313.33%
2021-12-022021-12-15$0.30
2021-09-022021-09-15$0.303.45%
2021-06-032021-06-16$0.29
2021-03-042021-03-17$0.293.57%
2020-12-032020-12-16$0.28
2020-09-032020-09-16$0.28
2020-06-042020-06-17$0.28
2020-03-052020-03-18$0.283.7%
2019-12-052019-12-18$0.27
2019-09-052019-09-18$0.273.85%
2019-06-062019-06-19$0.26
2019-03-072019-03-20$0.264%
2018-12-062018-12-19$0.254.17%
2018-12-062018-12-19$0.75Special dividend
2018-09-062018-09-19$0.249.09%
2018-06-072018-06-20$0.22
2018-03-082018-03-21$0.2215.79%
2017-12-072017-12-20$0.19
2017-09-072017-09-20$0.195.56%
2017-06-072017-06-21$0.18
2017-03-082017-03-22$0.185.88%
2016-12-072016-12-21$0.17
2016-12-072016-12-21$0.50Special dividend
2016-09-072016-09-21$0.176.25%
2016-06-082016-06-23$0.16
2016-03-092016-03-23$0.166.67%
2015-12-092015-12-23$0.15
2015-09-092015-09-23$0.157.14%
2015-06-102015-06-24$0.14
2015-03-112015-03-25$0.1416.67%
2014-12-102014-12-24$0.12
2014-09-102014-09-24$0.12
2014-06-112014-06-25$0.12
2014-05-202014-05-29$2.00Special dividend
2014-02-062014-03-10$0.12
2013-11-062013-12-10$0.12
2013-08-072013-09-10$0.129.09%
2013-05-082013-06-10$0.1110%
2013-02-062013-03-08$0.1011.11%
2012-11-072012-12-10$0.09
2010-02-082010-02-22$0.01
2009-11-062009-11-20$0.01
2009-08-062009-08-20$0.01
2009-05-062009-05-20$0.01-75%
2009-02-062009-02-20$0.04
2008-11-062008-11-20$0.04
2008-08-062008-08-20$0.04-50%
2008-05-072008-05-21$0.08-46.67%
2008-02-062008-02-20$0.157.14%
2007-11-072007-11-21$0.14
2007-08-082007-08-22$0.14
2007-05-082007-05-22$0.145%
2007-02-072007-02-21$0.133337.69%
2006-11-082006-11-22$0.12381
2006-08-082006-08-22$0.12381
2006-05-152006-05-29$0.123818.33%
2006-02-082006-02-22$0.114299.1%
2005-11-082005-11-22$0.10476
2005-08-082005-08-22$0.104765%
2005-05-062005-05-20$0.0997710%
2005-02-082005-02-22$0.090711.11%
2004-11-082004-11-22$0.08163
2004-08-062004-08-20$0.08163
2004-05-062004-05-20$0.081634.99%
2004-02-062004-02-20$0.0777512.5%
2003-11-062003-11-20$0.06911
2003-08-072003-08-21$0.06911
2003-05-082003-05-22$0.06911
2003-02-062003-02-20$0.06911

Adjusted for splits

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Total return
Total return includes dividends. “Divs Reinvested” buys additional shares at the ex-dividend date close. “Cash” holds dividends without interest. Taxes and fees excluded.
Change:
Total return:
Dividends:

Total return either reinvests dividends at the ex-dividend date close or holds them as cash without interest. Taxes and fees are excluded.

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