Mercantile Bank Corporation (MBWM) Dividend Yield, History & Forecast

Mercantile Bank Corporation (MBWM) is a Banks - Regional company in the Financial Services sector listed on the NASDAQ Global Select. It pays a current dividend yield of 2.87% ($1.54 per share annually (TTM)), with 6 years of consecutive dividend increases. The most recent ex-dividend date was June 5, 2026, with payment scheduled for June 17, 2026. The trailing twelve-month payout ratio is 26.9%; the market capitalization is approximately $889M.

Loading quote...

Frequently Asked Questions about Mercantile Bank Corporation (MBWM)

What is Mercantile Bank Corporation's dividend yield?
Mercantile Bank Corporation (MBWM) pays a current trailing twelve-month dividend yield of 2.87%, which works out to $1.54 per share annually based on the most recent payout schedule.
When does Mercantile Bank Corporation pay its next dividend?
The most recent ex-dividend date was June 5, 2026. The next scheduled dividend payment date is June 17, 2026.
How many years has Mercantile Bank Corporation increased its dividend?
Mercantile Bank Corporation (MBWM) has increased its dividend for 6 consecutive years.
Is Mercantile Bank Corporation a Dividend Aristocrat?
No. Dividend Aristocrat status requires an S&P 500 listing and 25 or more consecutive years of dividend increases. Mercantile Bank Corporation (MBWM) currently has 6 years of consecutive increases.
What sector is Mercantile Bank Corporation in?
Mercantile Bank Corporation (MBWM) operates in the Financial Services sector, specifically the Banks - Regional industry.
What is Mercantile Bank Corporation's dividend payout ratio?
Mercantile Bank Corporation (MBWM)'s trailing twelve-month dividend payout ratio is 26.9%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.