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Mercantile Bank (MBWM.BOATS) Dividend 2026: History, Ex-Dividend Dates & Yield

$48.13
+$0.00+0%Monday 00:00
Dividend Yield
3.32%
Dividend amount
$0.40
Last ex-date
Sep 4, 2026
Last pay date
Sep 16, 2026

Summary

Mercantile Bank (MBWM.BOATS) dividends are paid quarterly. The latest dividend per share was $0.40 with an ex date of September 4, 2026 and a payment date of September 16, 2026. The next dividend per share will be $0.40 with an ex date of December 7, 2026 and a payment date of December 17, 2026. The current dividend yield of Mercantile Bank (MBWM.BOATS) is 3.32%.

Upcoming

Dec 7
Dividend Ex
Estimated
 
Dec 17
Dividend Payment
Estimated
 
Mar 8, 2027
Dividend Ex
Estimated
 
Mar 18, 2027
Dividend Payment
Estimated
 
Jun 7, 2027
Dividend Ex
Estimated
 
Jun 17, 2027
Dividend Payment
Estimated
 

Past

DateAmountChange
$1.58
+5.33%
Sep 16, 2026
$0.40
+2.56%
Jun 17, 2026
$0.39
-
Mar 18, 2026
$0.39
+2.63%
$1.50
+5.63%
Dec 17, 2025
$0.38
-
Sep 17, 2025
$0.38
+2.7%
Jun 18, 2025
$0.37
-
Mar 19, 2025
$0.37
+2.78%
$1.42
+5.97%
Dec 18, 2024
$0.36
-
Sep 18, 2024
$0.36
+2.86%
Jun 19, 2024
$0.35
-
Mar 13, 2024
$0.35
+2.94%
$1.34
+6.35%
Dec 13, 2023
$0.34
-
Sep 13, 2023
$0.34
+3.03%
Jun 14, 2023
$0.33
-
Mar 15, 2023
$0.33
+3.13%
$1.26
+6.78%
Dec 14, 2022
$0.32
-
Sep 14, 2022
$0.32
+3.23%
Jun 15, 2022
$0.31
-
Mar 16, 2022
$0.31
+3.33%
$1.18
+5.36%
Dec 15, 2021
$0.30
-
10Y Growth
8.98%
5Y Growth
5.74%
3Y Growth
5.2%
1Y Growth
4%

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FAQs

How much dividend does Mercantile Bank pay?▼
Mercantile Bank pays an annual dividend of $1.60 per share, with a dividend yield of 3.32%.
What is the dividend yield of Mercantile Bank?▼
The current dividend yield of Mercantile Bank is 3.32%.
When does Mercantile Bank pay dividends?▼
Mercantile Bank pays dividends quarterly. The next payment is expected on December 17, 2026.
When is the next dividend from Mercantile Bank?▼
The next dividend payment from Mercantile Bank is estimated for December 17, 2026.
How safe is the dividend of Mercantile Bank?▼
Mercantile Bank has raised its dividend for 6 consecutive years, with a payout ratio of 0% and 5-year dividend growth of 5.74%.
What is the dividend of Mercantile Bank?▼
Mercantile Bank currently pays a dividend of $0.40 per share.
When did I have to buy the shares of Mercantile Bank to receive the previous dividend?▼
To receive the previous dividend from Mercantile Bank, you needed to own the shares before the ex-dividend date of September 4, 2026.
When did Mercantile Bank pay the last dividend?▼
The last dividend payment from Mercantile Bank was made on September 16, 2026.
What was the dividend of Mercantile Bank in 2025?▼
In 2025, Mercantile Bank paid a total dividend of $1.50 per share.
In which currency does Mercantile Bank distribute the dividend?▼
Mercantile Bank distributes its dividends in USD.