Mercantile Bank (MBWM) Dividend Yield, Date & History $45.39 +0.31 (+0.69%) (As of 12/24/2024 01:48 PM ET) Add Compare Share Share Dividend Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Mercantile Bank Dividend SummaryDividend Yield3.17%Annual Dividend$1.44Recent Dividend Payment Dec. 18 Dividend Increase Track Record 13 YearsAnnualized 3-Year Dividend Growth 6.16%Dividend Payout Ratio 28.92% Mercantile Bank (MBWM) pays an annual dividend of $1.44 per share, with a dividend yield of 3.17%. The next quarterly payment of $0.36 per share was paid on Wednesday, December 18, to investors who owned the stock before the ex-dividend date of Friday, December 6. MBWM has grown its dividend for 13 consecutive years, with an average annual increase of 2.01%. The company currently pays out 28.92% of its earnings and 26.65% of its cash flow as dividends. Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Enter your email to sign up for newsletter Sign Up Skip Charts & View Dividend HistoryMBWM Dividend Payments by QuarterDividend Payments by Quarter Chart DescriptionThe chart below displays up to four years of Mercantile Bank's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.Open Mercantile Bank in Dividend Calculator MBWM Dividend Yield Over TimeDividend Yield Over Time Chart DescriptionThe chart below tracks Mercantile Bank's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.Open Mercantile Bank in Dividend Yield Calculator Ad StocksToTradeLast time you’ll see this priced at $1.00When was the last time you bought something for a buck? I don’t even think you can buy anything at McDonalds for a dollar anymore!Click here to review Tim’s special Holiday offer before it’s too late. Mercantile Bank vs. The CompetitionCompare Mercantile Bank's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.TypeMercantile BankFinance CompaniesNASDAQ CompaniesAnnual Dividend$1.44$0.02$1.30Dividend Yield3.17%5.70%4.28%Annualized 3-Year Dividend Growth6.16%12.89%14.22%Track Record13 years18 years19 yearsMercantile Bank Dividend Payout RatioDividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.TypePayout RatioBased on Trailing 12 Months of Earnings28.92%Based on This Year's Estimate29.57%Based on Next Year's Estimate32.07%Based on Cashflow26.65% Mercantile Bank Dividend History by Quarter Custom Range 3 Months 6 Months Year-to-Date 1 Year 2 Years 3 Years 5 Years 10 Years All Time Time Frame * Start Date * End Date AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date10/10/2024Quarterly$0.36 - 3.23%12/6/202412/6/202412/18/20247/11/2024Quarterly$0.36+$0.012.86%2.91%9/6/20249/6/20249/18/20244/11/2024Quarterly$0.35 - 4.1%6/7/20246/7/20246/19/2024 Get the Latest News and Ratings for MBWM and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Mercantile Bank and its competitors with MarketBeat's FREE daily newsletter. 1/11/2024Quarterly$0.35+$0.012.94%3.77%2/29/20243/1/20243/13/202410/12/2023Quarterly$0.34 - 4.12%11/30/202312/1/202312/13/20237/13/2023Quarterly$0.34+$0.013.03%4.12%8/31/20239/1/20239/13/20234/13/2023Quarterly$0.33 - 4.59%6/1/20236/2/20236/14/20231/12/2023Quarterly$0.33+$0.013.13%3.61%3/2/20233/3/20233/15/2023This table shows Mercantile Bank's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time. Mercantile Bank Dividend - Frequently Asked Questions What is Mercantile Bank's dividend yield? The current dividend yield for Mercantile Bank is 3.17%. Learn more on MBWM's dividend yield history. How much is Mercantile Bank's annual dividend? The annual dividend for MBWM shares is $1.44. Learn more on MBWM's annual dividend history. How often does Mercantile Bank pay dividends? Mercantile Bank pays quarterly dividends to shareholders. When was Mercantile Bank's most recent dividend payment? Mercantile Bank's most recent quarterly dividend payment of $0.36 per share was made to shareholders on Wednesday, December 18, 2024. When was Mercantile Bank's most recent ex-dividend date? Mercantile Bank's most recent ex-dividend date was Friday, December 6, 2024. Is Mercantile Bank's dividend growing? Over the past three years, the company's dividend has grown by an average of 6.16% per year. What track record does Mercantile Bank have of raising its dividend? Mercantile Bank has increased its dividend for the past 13 consecutive years. When did Mercantile Bank last increase or decrease its dividend? The most recent change in the company's dividend was an increase of $0.01 on Thursday, July 11, 2024. What is Mercantile Bank's dividend payout ratio? The dividend payout ratio for MBWM is: 28.92% based on the trailing year of earnings 29.57% based on this year's estimates 32.07% based on next year's estimates 26.65% based on cash flow Is Mercantile Bank a good dividend stock? Mercantile Bank's dividend yield of 3.17% is lower than the average Finance company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Mercantile Bank's dividend payout ratio of 28.92% is at a healthy, sustainable level, below 75% of its earnings. Looking at the stock as a whole, market analysts rate Mercantile Bank stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time. 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It’s smaller than a quarter but designed to power a $9 trillion AI revolution. And I’ve identified a little-known supplier Elon is depending on to make it all happen.I urge you to watch this video now. This page (NASDAQ:MBWM) was last updated on 12/26/2024 by MarketBeat.com Staff From Our Partners Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again ...Paradigm Press | SponsoredVladimir Lenin was right…The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold ...Porter & Company | SponsoredURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happen...Crypto Swap Profits | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Starting with what I call Exec. Order 001. 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