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    Mercantile Bank Corporation (MBWM) Dividend History

    Mercantile Bank Corporation (MBWM) paid $1.56 per share over the trailing twelve months, equal to a trailing twelve month (TTM) dividend yield of 2.60%. Its record includes quarterly payments, a 7-year growth streak, a growing dividend policy. The history below summarizes split-adjusted payments and the public dividend record available to investors.

    Dividend Overview

    TTM Dividend Yield
    2.60%
    Annual Dividend (TTM)
    $1.56
    Frequency
    Quarterly
    Dividend Policy
    Growing
    Growth Streak
    7 years
    No-Cut Streak
    7 years
    Paying Since
    1993
    Last Ex-Dividend Date
    Sep 4, 2026 $0.4

    Annual Dividends Per Share

    Dividend Payment History

    Ex-Dividend DatePayment DateAmountFrequency
    Sep 4, 2026Sep 16, 2026$0.40Quarterly
    Jun 5, 2026Jun 17, 2026$0.39Quarterly
    Mar 6, 2026Mar 18, 2026$0.39Quarterly
    Dec 5, 2025Dec 17, 2025$0.38Quarterly
    Sep 5, 2025Sep 17, 2025$0.38Quarterly
    Jun 6, 2025Jun 18, 2025$0.37Quarterly
    Mar 7, 2025Mar 19, 2025$0.37Quarterly
    Dec 6, 2024Dec 18, 2024$0.36Quarterly
    Sep 6, 2024Sep 18, 2024$0.36Quarterly
    Jun 7, 2024Jun 19, 2024$0.35Quarterly
    Feb 29, 2024Mar 13, 2024$0.35Quarterly
    Nov 30, 2023Dec 13, 2023$0.34Quarterly
    Aug 31, 2023Sep 13, 2023$0.34Quarterly
    Jun 1, 2023Jun 14, 2023$0.33Quarterly
    Mar 1, 2023Mar 15, 2023$0.33Quarterly
    Dec 1, 2022Dec 14, 2022$0.32Quarterly
    Sep 1, 2022Sep 14, 2022$0.32Quarterly
    Jun 2, 2022Jun 15, 2022$0.31Quarterly
    Mar 3, 2022Mar 16, 2022$0.31Quarterly
    Dec 2, 2021Dec 15, 2021$0.30Quarterly
    Sep 2, 2021Sep 15, 2021$0.30Quarterly
    Jun 3, 2021Jun 16, 2021$0.29Quarterly
    Mar 4, 2021Mar 17, 2021$0.29Quarterly
    Dec 3, 2020Dec 16, 2020$0.28Quarterly
    Sep 3, 2020Sep 16, 2020$0.28Quarterly
    Jun 4, 2020Jun 17, 2020$0.28Quarterly
    Mar 5, 2020Mar 18, 2020$0.28Quarterly
    Dec 5, 2019Dec 18, 2019$0.27Quarterly
    Sep 5, 2019Sep 18, 2019$0.27Quarterly
    Jun 6, 2019Jun 19, 2019$0.26Quarterly
    Mar 7, 2019Mar 20, 2019$0.26Quarterly
    Dec 6, 2018Dec 19, 2018$0.25Quarterly
    Sep 6, 2018Sep 19, 2018$0.24Quarterly
    Jun 7, 2018Jun 20, 2018$0.22Quarterly
    Mar 8, 2018Mar 21, 2018$0.22Quarterly
    Dec 7, 2017Dec 20, 2017$0.19Quarterly
    Sep 7, 2017Sep 20, 2017$0.19Quarterly
    Jun 7, 2017Jun 21, 2017$0.18Quarterly
    Mar 8, 2017Mar 22, 2017$0.18Quarterly
    Dec 7, 2016Dec 21, 2016$0.670
    Sep 7, 2016Sep 21, 2016$0.17Quarterly
    Jun 8, 2016Jun 23, 2016$0.16Quarterly
    Mar 9, 2016Mar 23, 2016$0.16Quarterly
    Dec 9, 2015Dec 23, 2015$0.15Quarterly
    Sep 9, 2015Sep 23, 2015$0.15Quarterly
    Jun 10, 2015Jun 24, 2015$0.14Quarterly
    Mar 11, 2015Mar 25, 2015$0.14Quarterly
    Dec 10, 2014Dec 24, 2014$0.12Quarterly
    Sep 10, 2014Sep 24, 2014$0.12Quarterly
    Jun 11, 2014Jun 25, 2014$0.12Quarterly
    May 20, 2014May 29, 2014$2.000
    Feb 6, 2014Mar 10, 2014$0.12Quarterly
    Nov 6, 2013Dec 10, 2013$0.12Quarterly
    Aug 7, 2013Sep 10, 2013$0.12Quarterly
    May 8, 2013Jun 10, 2013$0.11Quarterly
    Feb 6, 2013Mar 8, 2013$0.10Quarterly
    Nov 7, 2012Dec 10, 2012$0.09Quarterly
    Feb 8, 2010Mar 10, 2010$0.01Quarterly
    Nov 6, 2009Dec 10, 2009$0.01Quarterly
    Aug 6, 2009Sep 10, 2009$0.01Quarterly
    May 6, 2009Jun 10, 2009$0.01Quarterly
    Feb 6, 2009Mar 10, 2009$0.04Quarterly
    Nov 6, 2008Dec 10, 2008$0.04Quarterly
    Aug 6, 2008Sep 10, 2008$0.04Quarterly
    May 7, 2008Jun 10, 2008$0.08Quarterly
    Feb 6, 2008Mar 10, 2008$0.15Quarterly
    Nov 7, 2007Dec 10, 2007$0.14Quarterly
    Aug 8, 2007Sep 10, 2007$0.14Quarterly
    May 8, 2007Jun 8, 2007$0.14Quarterly
    Feb 7, 2007Mar 9, 2007$0.14Quarterly
    Nov 8, 2006Dec 8, 2006$0.13Quarterly
    Aug 8, 2006Sep 8, 2006$0.13Quarterly
    May 15, 2006Jun 9, 2006$0.13Quarterly
    Feb 8, 2006Mar 10, 2006$0.120
    Nov 8, 2005Dec 9, 2005$0.110
    Aug 8, 2005Sep 9, 2005$0.110
    May 6, 2005Jun 10, 2005$0.110
    Feb 8, 2005Mar 10, 2005$0.100
    Nov 8, 2004Dec 10, 2004$0.090
    Aug 6, 2004Sep 10, 2004$0.090
    May 6, 2004Jun 10, 2004$0.090
    Feb 6, 2004Mar 10, 2004$0.090
    Nov 6, 2003N/A$0.08N/A
    Aug 7, 2003N/A$0.08N/A
    May 8, 2003N/A$0.08N/A
    Feb 6, 2003N/A$0.08N/A

    Frequently Asked Questions

    Does MBWM pay dividends?

    Yes. MBWM's latest recorded dividend was $0.4 per share with an ex-dividend date of Sep 4, 2026.

    What is MBWM's dividend yield?

    MBWM's trailing twelve month (TTM) dividend yield is 2.60%.

    How often does MBWM pay dividends?

    MBWM has a quarterly dividend payment schedule.

    How many years has MBWM increased its dividend?

    MBWM has increased its dividend for 7 consecutive years.

    When was MBWM's last ex-dividend date?

    MBWM's most recent ex-dividend date was Sep 4, 2026.

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