Mercantile Bank Corp. MBWM
Dividend Summary
The next Mercantile Bank Corp. dividend will go ex in 1 month for 40c and will be paid in 2 months.
The previous Mercantile Bank Corp. dividend was 39c and it went ex 2 months ago and it was paid 1 month ago.
There are typically 4 dividends per year (excluding specials).
Latest Dividends
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Status | Paid | Declared |
| Type | Quarterly | Quarterly |
| Per share | 39c | 40c |
| Declaration date | 16 Apr 2026 (Thu) | 16 Jul 2026 (Thu) |
| Ex-div date | 05 Jun 2026 (Fri) | 04 Sep 2026 (Fri) |
| Pay date | 17 Jun 2026 (Wed) | 16 Sep 2026 (Wed) |
Enter the number of Mercantile Bank Corp. shares you hold and we'll calculate your dividend payments:
Previous Payment
$39.00
Paid on 17 Jun 2026 (Wed)
Next Payment
$40.00
Paid on 16 Sep 2026 (Wed)
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The table below shows the full dividend history for Mercantile Bank Corp.
| Status | Type | Decl. date | Ex-div date | Pay date | Decl. Currency | Forecast amount | Decl. amount | Accuracy |
|---|---|---|---|---|---|---|---|---|
| Forecast | Quarterly | 10 Oct 2030 | 06 Dec 2030 | 18 Dec 2030 | USD | Sign up | — | |
| Forecast | Quarterly | 11 Jul 2030 | 06 Sep 2030 | 18 Sep 2030 | USD | Sign up | — | |
| Forecast | Quarterly | 11 Apr 2030 | 07 Jun 2030 | 19 Jun 2030 | USD | Sign up | — | |
| Forecast | Quarterly | 10 Jan 2030 | 01 Mar 2030 | 13 Mar 2030 | USD | Sign up | — | |
| Forecast | Quarterly | 11 Oct 2029 | 07 Dec 2029 | 19 Dec 2029 | USD | Sign up | — | |
| Forecast | Quarterly | 12 Jul 2029 | 07 Sep 2029 | 19 Sep 2029 | USD | Sign up | — | |
| Forecast | Quarterly | 12 Apr 2029 | 08 Jun 2029 | 20 Jun 2029 | USD | Sign up | — | |
| Forecast | Quarterly | 11 Jan 2029 | 02 Mar 2029 | 14 Mar 2029 | USD | Sign up | — | |
| Forecast | Quarterly | 12 Oct 2028 | 01 Dec 2028 | 13 Dec 2028 | USD | Sign up | — | |
| Forecast | Quarterly | 13 Jul 2028 | 01 Sep 2028 | 13 Sep 2028 | USD | Sign up | — | |
| Forecast | Quarterly | 13 Apr 2028 | 02 Jun 2028 | 14 Jun 2028 | USD | Sign up | — | |
| Forecast | Quarterly | 13 Jan 2028 | 03 Mar 2028 | 15 Mar 2028 | USD | Sign up | — | |
| Forecast | Quarterly | 14 Oct 2027 | 03 Dec 2027 | 15 Dec 2027 | USD | Sign up | — | |
| Forecast | Quarterly | 15 Jul 2027 | 03 Sep 2027 | 15 Sep 2027 | USD | Sign up | — | |
| Forecast | Quarterly | 15 Apr 2027 | 04 Jun 2027 | 16 Jun 2027 | USD | Sign up | — | |
| Forecast | Quarterly | 14 Jan 2027 | 05 Mar 2027 | 17 Mar 2027 | USD | Sign up | — | |
| Forecast | Quarterly | 15 Oct 2026 | 04 Dec 2026 | 16 Dec 2026 | USD | Sign up | — | |
| Declared | Quarterly | 16 Jul 2026 | 04 Sep 2026 | 16 Sep 2026 | USD | 40c | 40c | 😄 |
| Paid | Quarterly | 16 Apr 2026 | 05 Jun 2026 | 17 Jun 2026 | USD | — | 39c | |
| Paid | Quarterly | 15 Jan 2026 | 06 Mar 2026 | 18 Mar 2026 | USD | — | 39c | |
| Paid | Quarterly | 16 Oct 2025 | 05 Dec 2025 | 17 Dec 2025 | USD | — | 38c | |
| Paid | Quarterly | 17 Jul 2025 | 05 Sep 2025 | 17 Sep 2025 | USD | — | 38c | |
| Paid | Quarterly | 17 Apr 2025 | 06 Jun 2025 | 18 Jun 2025 | USD | — | 37c | |
| Paid | Quarterly | 16 Jan 2025 | 07 Mar 2025 | 19 Mar 2025 | USD | — | 37c | |
| Paid | Quarterly | 10 Oct 2024 | 06 Dec 2024 | 18 Dec 2024 | USD | — | 36c | |
| Paid | Quarterly | 11 Jul 2024 | 06 Sep 2024 | 18 Sep 2024 | USD | — | 36c | |
| Paid | Quarterly | 11 Apr 2024 | 07 Jun 2024 | 19 Jun 2024 | USD | — | 35c | |
| Paid | Quarterly | 11 Jan 2024 | 29 Feb 2024 | 13 Mar 2024 | USD | — | 35c | |
| Paid | Quarterly | 12 Oct 2023 | 30 Nov 2023 | 13 Dec 2023 | USD | — | 34c | |
| Paid | Quarterly | 13 Jul 2023 | 31 Aug 2023 | 13 Sep 2023 | USD | — | 34c | |
| Paid | Quarterly | 13 Apr 2023 | 01 Jun 2023 | 14 Jun 2023 | USD | — | 33c | |
| Paid | Quarterly | 12 Jan 2023 | 02 Mar 2023 | 15 Mar 2023 | USD | — | 33c | |
| Paid | Quarterly | 13 Oct 2022 | 01 Dec 2022 | 14 Dec 2022 | USD | — | 32c | |
| Paid | Quarterly | 14 Jul 2022 | 01 Sep 2022 | 14 Sep 2022 | USD | — | 32c | |
| Paid | Quarterly | 14 Apr 2022 | 02 Jun 2022 | 15 Jun 2022 | USD | — | 31c | |
| Paid | Quarterly | 18 Jan 2022 | 03 Mar 2022 | 16 Mar 2022 | USD | — | 31c | |
| Paid | Quarterly | 19 Oct 2021 | 02 Dec 2021 | 15 Dec 2021 | USD | — | 30c | |
| Paid | Quarterly | 20 Jul 2021 | 02 Sep 2021 | 15 Sep 2021 | USD | — | 30c | |
| Paid | Quarterly | 15 Apr 2021 | 03 Jun 2021 | 16 Jun 2021 | USD | — | 29c | |
| Paid | Quarterly | 19 Jan 2021 | 04 Mar 2021 | 17 Mar 2021 | USD | — | 29c | |
| Paid | Quarterly | 15 Oct 2020 | 03 Dec 2020 | 16 Dec 2020 | USD | — | 28c | |
| Paid | Quarterly | 16 Jul 2020 | 03 Sep 2020 | 16 Sep 2020 | USD | — | 28c | |
| Paid | Quarterly | 16 Apr 2020 | 04 Jun 2020 | 17 Jun 2020 | USD | — | 28c | |
| Paid | Quarterly | 16 Jan 2020 | 05 Mar 2020 | 18 Mar 2020 | USD | — | 28c | |
| Paid | Quarterly | 10 Oct 2019 | 05 Dec 2019 | 18 Dec 2019 | USD | — | 27c | |
| Paid | Quarterly | 11 Jul 2019 | 05 Sep 2019 | 18 Sep 2019 | USD | — | 27c | |
| Paid | Quarterly | 11 Apr 2019 | 06 Jun 2019 | 19 Jun 2019 | USD | — | 26c | |
| Paid | Quarterly | 17 Jan 2019 | 07 Mar 2019 | 20 Mar 2019 | USD | — | 26c | |
| Paid | Special | 11 Oct 2018 | 06 Dec 2018 | 19 Dec 2018 | USD | — | 75c | |
| Paid | Quarterly | 11 Oct 2018 | 06 Dec 2018 | 19 Dec 2018 | USD | — | 25c | |
| Paid | Quarterly | 12 Jul 2018 | 06 Sep 2018 | 19 Sep 2018 | USD | — | 24c | |
| Paid | Quarterly | 12 Apr 2018 | 07 Jun 2018 | 20 Jun 2018 | USD | — | 22c | |
| Paid | Quarterly | 11 Jan 2018 | 08 Mar 2018 | 21 Mar 2018 | USD | — | 22c | |
| Paid | Quarterly | 12 Oct 2017 | 07 Dec 2017 | 20 Dec 2017 | USD | — | 19c | |
| Paid | Quarterly | 18 Jul 2017 | 07 Sep 2017 | 20 Sep 2017 | USD | — | 19c | |
| Paid | Quarterly | 13 Apr 2017 | 07 Jun 2017 | 21 Jun 2017 | USD | — | 18c | |
| Paid | Quarterly | 17 Jan 2017 | 08 Mar 2017 | 22 Mar 2017 | USD | — | 18c | |
| Paid | Special | 13 Oct 2016 | 07 Dec 2016 | 21 Dec 2016 | USD | — | 50c | |
| Paid | Quarterly | 13 Oct 2016 | 07 Dec 2016 | 21 Dec 2016 | USD | — | 17c | |
| Paid | Quarterly | 14 Jul 2016 | 07 Sep 2016 | 21 Sep 2016 | USD | — | 17c | |
| Paid | Quarterly | 14 Apr 2016 | 08 Jun 2016 | 23 Jun 2016 | USD | — | 16c | |
| Paid | Quarterly | 14 Jan 2016 | 09 Mar 2016 | 23 Mar 2016 | USD | — | 16c | |
| Paid | Quarterly | 15 Oct 2015 | 09 Dec 2015 | 23 Dec 2015 | USD | — | 15c | |
| Paid | Quarterly | 16 Jul 2015 | 09 Sep 2015 | 23 Sep 2015 | USD | — | 15c | |
| Paid | Quarterly | 16 Apr 2015 | 10 Jun 2015 | 24 Jun 2015 | USD | — | 14c | |
| Paid | Quarterly | 15 Jan 2015 | 11 Mar 2015 | 25 Mar 2015 | USD | — | 14c | |
| Paid | Quarterly | 16 Oct 2014 | 10 Dec 2014 | 24 Dec 2014 | USD | — | 12c | |
| Paid | Quarterly | 17 Jul 2014 | 10 Sep 2014 | 24 Sep 2014 | USD | — | 12c | |
| Paid | Quarterly | 09 May 2014 | 11 Jun 2014 | 25 Jun 2014 | USD | — | 12c | |
| Paid | Special | 09 May 2014 | 20 May 2014 | 29 May 2014 | USD | — | 200c | |
| Paid | Quarterly | 16 Jan 2014 | 06 Feb 2014 | 10 Mar 2014 | USD | — | 12c | |
| Paid | Quarterly | 10 Oct 2013 | 06 Nov 2013 | 10 Dec 2013 | USD | — | 12c | |
| Paid | Quarterly | 11 Jul 2013 | 07 Aug 2013 | 10 Sep 2013 | USD | — | 12c | |
| Paid | Quarterly | 16 Apr 2013 | 08 May 2013 | 10 Jun 2013 | USD | — | 11c | |
| Paid | Quarterly | 10 Jan 2013 | 06 Feb 2013 | 08 Mar 2013 | USD | — | 10c | |
| Paid | Quarterly | 11 Oct 2012 | 07 Nov 2012 | 10 Dec 2012 | USD | — | 9c |
| Year | Amount | Change |
|---|---|---|
| 2006 | 0.0c | — |
| 2007 | 0.0c | 0% |
| 2008 | 0.0c | 0% |
| 2009 | 0.0c | 0% |
| 2010 | 0.0c | 0% |
| 2011 | 0.0c | 0% |
| 2012 | 9.0c | 100% |
| 2013 | 45.0c | 400.0% |
| 2014 | 48.0c | 6.7% |
| 2015 | 58.0c | 20.8% |
| 2016 | 66.0c | 13.8% |
| 2017 | 74.0c | 12.1% |
| 2018 | 93.0c | 25.7% |
| 2019 | 106.0c | 14.0% |
| 2020 | 112.0c | 5.7% |
| 2021 | 118.0c | 5.4% |
| 2022 | 126.0c | 6.8% |
| 2023 | 134.0c | 6.3% |
| 2024 | 142.0c | 6.0% |
| 2025 | 150.0c | 5.6% |
| 2026 | Sign Up Required | |
| 2027 | Sign Up Required | |
| 2028 | Sign Up Required | |
| 2029 | Sign Up Required | |
| 2030 | Sign Up Required | |
Mercantile Bank Corp. Optimized Dividend Chart
The chart below shows the optimized dividends for this security over a rolling 12-month period.
- Dividend Yield Today
- 2.7%
- Optimized Yield
- Sign Up Required
- 52 Week High
- 3.4% on 23 July 2026
- 52 Week Low
- 3.2% on 16 July 2026
- Next Ex-Div-Date Countdown
- Sign Up Required
About Mercantile Bank Corp.
- Sector
- Unknown
- Country
- United States
- Share Price
- $58.50 (yesterday's closing price)
- Shares in Issue
- 17 million
- Market Cap
- $1.0bn
- 10+
- Market Indices
- DividendMax America
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