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

$60.03
+$0.51+0.86% Friday 00:00
Dividend Yield
2.69%
Dividend amount
$0.40
Last ex-date
Sep 04, 2026
Last pay date
Sep 16, 2026

Summary

Mercantile Bank (MBWM) dividends are paid quarterly. The latest dividend per share was $0.40 with an ex date of September 04, 2026 and a payment date of September 16, 2026. The next dividend per share will be $0.40 with an ex date of December 07, 2026 and a payment date of December 17, 2026. The current dividend yield of Mercantile Bank (MBWM) is 2.69%.

Upcoming

7
DEC
Dividend Ex
Estimated
 
17
DEC
Dividend Payment
Estimated
 
8
MAR 27
Dividend Ex
Estimated
 
18
MAR 27
Dividend Payment
Estimated
 
7
JUN 27
Dividend Ex
Estimated
 
17
JUN 27
Dividend Payment
Estimated
 

Past

DateAmountChange
$1.58
+5.33%
16 Sep 2026
$0.40
+2.56%
17 Jun 2026
$0.39
-
18 Mar 2026
$0.39
+2.63%
$1.50
+5.63%
17 Dec 2025
$0.38
-
17 Sep 2025
$0.38
+2.7%
18 Jun 2025
$0.37
-
19 Mar 2025
$0.37
+2.78%
$1.42
+5.97%
18 Dec 2024
$0.36
-
18 Sep 2024
$0.36
+2.86%
19 Jun 2024
$0.35
-
13 Mar 2024
$0.35
+2.94%
$1.34
+6.35%
13 Dec 2023
$0.34
-
13 Sep 2023
$0.34
+3.03%
14 Jun 2023
$0.33
-
15 Mar 2023
$0.33
+3.13%
$1.26
+6.78%
14 Dec 2022
$0.32
-
14 Sep 2022
$0.32
+3.23%
15 Jun 2022
$0.31
-
16 Mar 2022
$0.31
+3.33%
$1.18
+5.36%
15 Dec 2021
$0.30
-
10Y Growth
9.32%
5Y Growth
6.1%
3Y Growth
5.73%
1Y Growth
5.41%

Community

FAQ

How much dividend does Mercantile Bank pay?▼
Mercantile Bank pays an annual dividend of $1.61 per share, with a dividend yield of 2.69%.
What is the dividend yield of Mercantile Bank?▼
The current dividend yield of Mercantile Bank is 2.69%.
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 46.42% and 5-year dividend growth of 6.1%.
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 04, 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.