Mercantile Bank Corporation ( MBWM )
News/Announcments: None
Updated: 2023-06-01
Last Close Price: $26.47
Next Earnings: 2023-07-18
Yield: 5.07%
Payout Ratio: 24.26%
PE Ratio: 6.1
Market Cap: 0.42B
Frequency: Quarterly
Dividend History (adjusted for splits)
| Ex-Dividend Date | Payout Date | Cash Amount | % Change |
|---|---|---|---|
| 2023-12-01 | 2023-12-14 | $0.33** | unconfirmed/estimated |
| 2023-09-01 | 2023-09-14 | $0.33** | unconfirmed/estimated |
| 2023-06-01 | 2023-06-14 | $0.33 | |
| 2023-03-01 | 2023-03-15 | $0.33 |  3.13% |
| 2022-12-01 | 2022-12-14 | $0.32 | |
| 2022-09-01 | 2022-09-14 | $0.32 | 3.23% |
| 2022-06-02 | 2022-06-15 | $0.31 | |
| 2022-03-03 | 2022-03-16 | $0.31 | 3.33% |
| 2021-12-02 | 2021-12-15 | $0.30 | |
| 2021-09-02 | 2021-09-15 | $0.30 | 3.45% |
| 2021-06-03 | 2021-06-16 | $0.29 | |
| 2021-03-04 | 2021-03-17 | $0.29 | 3.57% |
| 2020-12-03 | 2020-12-16 | $0.28 | |
| 2020-09-03 | 2020-09-16 | $0.28 | |
| 2020-06-04 | 2020-06-17 | $0.28 | |
| 2020-03-05 | 2020-03-18 | $0.28 | 3.70% |
| 2019-12-05 | 2019-12-18 | $0.27 | |
| 2019-09-05 | 2019-09-18 | $0.27 | 3.85% |
| 2019-06-06 | 2019-06-19 | $0.26 | |
| 2019-03-07 | 2019-03-20 | $0.26 | 4.00% |
| 2018-12-06 | 2018-12-19 | $0.25 | 4.17% |
| 2018-12-06 | 2018-12-19 | $0.75 | Special dividend |
| 2018-09-06 | 2018-09-19 | $0.24 | 9.09% |
| 2018-06-07 | 2018-06-20 | $0.22 | |
| 2018-03-08 | 2018-03-21 | $0.22 | 15.79% |
| 2017-12-07 | 2017-12-20 | $0.19 | |
| 2017-09-07 | 2017-09-20 | $0.19 | 5.56% |
| 2017-06-07 | 2017-06-21 | $0.18 | |
| 2017-03-08 | 2017-03-22 | $0.18 | 5.88% |
| 2016-12-07 | 2016-12-21 | $0.50 | Special dividend |
| 2016-12-07 | 2016-12-21 | $0.17 | |
| 2016-09-07 | 2016-09-21 | $0.17 | 6.25% |
| 2016-06-08 | 2016-06-23 | $0.16 | |
| 2016-03-09 | 2016-03-23 | $0.16 | 6.67% |
| 2015-12-09 | 2015-12-23 | $0.15 | |
| 2015-09-09 | 2015-09-23 | $0.15 | 7.14% |
| 2015-06-10 | 2015-06-24 | $0.14 | |
| 2015-03-11 | 2015-03-25 | $0.14 | 16.67% |
| 2014-12-10 | 2014-12-24 | $0.12 | |
| 2014-09-10 | 2014-09-24 | $0.12 | |
| 2014-06-11 | 2014-06-25 | $0.12 | |
| 2014-05-20 | 2014-05-29 | $2.00 | Special dividend |
| 2014-02-06 | 2014-03-10 | $0.12 | |
| 2013-11-06 | 2013-12-10 | $0.12 | |
| 2013-08-07 | 2013-09-10 | $0.12 | 9.09% |
| 2013-05-08 | 2013-06-10 | $0.11 | 10.00% |
| 2013-02-06 | 2013-03-08 | $0.10 | 11.11% |
| 2012-11-07 | 2012-12-10 | $0.09 | |
| 2010-02-08 | 2010-02-22 | $0.01 | |
| 2009-11-06 | 2009-11-20 | $0.01 | |
| 2009-08-06 | 2009-08-20 | $0.01 | |
| 2009-05-06 | 2009-05-20 | $0.01 |  -75.00% |
| 2009-02-06 | 2009-02-20 | $0.04 | |
| 2008-11-06 | 2008-11-20 | $0.04 | |
| 2008-08-06 | 2008-08-20 | $0.04 | -50.00% |
| 2008-05-07 | 2008-05-21 | $0.08 | -46.67% |
| 2008-02-06 | 2008-02-20 | $0.15 | 7.14% |
| 2007-11-07 | 2007-11-21 | $0.14 | |
| 2007-08-08 | 2007-08-22 | $0.14 | |
| 2007-05-08 | 2007-05-22 | $0.14 | 5.00% |
| 2007-02-07 | 2007-02-21 | $0.13333 | 7.69% |
| 2006-11-08 | 2006-11-22 | $0.12381 | |
| 2006-08-08 | 2006-08-22 | $0.12381 | |
| 2006-05-15 | 2006-05-29 | $0.12381 | 8.33% |
| 2006-02-08 | 2006-02-22 | $0.11429 | 9.10% |
| 2005-11-08 | 2005-11-22 | $0.10476 | |
| 2005-08-08 | 2005-08-22 | $0.10476 | 5.00% |
| 2005-05-06 | 2005-05-20 | $0.09977 | 10.00% |
| 2005-02-08 | 2005-02-22 | $0.0907 | 11.11% |
| 2004-11-08 | 2004-11-22 | $0.08163 | |
| 2004-08-06 | 2004-08-20 | $0.08163 | |
| 2004-05-06 | 2004-05-20 | $0.08163 | 4.99% |
| 2004-02-06 | 2004-02-20 | $0.07775 | 12.50% |
| 2003-11-06 | 2003-11-20 | $0.06911 | |
| 2003-08-07 | 2003-08-21 | $0.06911 | |
| 2003-05-08 | 2003-05-22 | $0.06911 | |
| 2003-02-06 | 2003-02-20 | $0.06911 |
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