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Mercantile Bank Corporation (MBWM) dividend history

Mercantile Bank Corporation has 155 dividend payments on record. In FY2025 it paid $1.50 per share, a dividend yield of 2.4% and a payout ratio of 27%.

DPS over the past 10 years

Dividend per share (USD)
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026

MBWM dividend history

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  • FY26———$1.58—
    $25.65est. passive
    —
    —
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  • FY25———$1.5027%
    $24.35est. passive
    +6%
    2.4%
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  • FY24———$1.42—
    $23.05est. passive
    +6%
    —
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  • FY23———$1.34—
    $21.75est. passive
    +6%
    —
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  • FY22———$1.26—
    $20.45est. passive
    +7%
    —
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  • FY21———$1.18—
    $19.15est. passive
    +5%
    —
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  • FY20———$1.12—
    $18.18est. passive
    +6%
    —
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  • FY19———$1.06—
    $17.21est. passive
    -37%
    —
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