NASDAQ : MBWM

Mercantile Bank Corporation — Dividend History

$58.5 USD

$1.32 (2.31%)

Volume
146.59K
Average Volume
134.06K
Market Capitalization
$1.01B
P/E Ratio
10.30
Dividend Yield
2.63%
Price Target
$63.50
Year High
$60.40
Year Low
$42.75
Day High
—
Day Low
—
Payout Ratio
$0.26
Current Ratio
$0.22
Dividend Overview
Most Recent Amount

0.4

Per Share
Last Ex-Dividend Date

2026-09-04

Declaration Date

2026-07-16

Payable Date

2026-09-16

MBWM Dividend History by Quarter
Announced Period Amount Ex-Dividend Date Record Date Payable Date
2026-09-04 Quarterly 0.4 2026-07-16 2026-09-04 2026-09-16
2026-06-05 Quarterly 0.39 2026-04-16 2026-06-05 2026-06-17
2026-03-06 Quarterly 0.39 2026-01-15 2026-03-06 2026-03-18
2025-12-05 Quarterly 0.38 2025-10-16 2025-12-05 2025-12-17
2025-09-05 Quarterly 0.38 2025-07-17 2025-09-05 2025-09-17
2025-06-06 Quarterly 0.37 2025-04-17 2025-06-06 2025-06-18
2025-03-07 Quarterly 0.37 2025-01-16 2025-03-07 2025-03-19
2024-12-06 Quarterly 0.36 2024-10-10 2024-12-06 2024-12-18
2024-09-06 Quarterly 0.36 2024-07-11 2024-09-06 2024-09-18
2024-06-07 Quarterly 0.35 2024-04-11 2024-06-07 2024-06-19
2024-02-29 Quarterly 0.35 2024-01-11 2024-03-01 2024-03-13
2023-11-30 Quarterly 0.34 2023-10-12 2023-12-01 2023-12-13
2023-08-31 Quarterly 0.34 2023-07-13 2023-09-01 2023-09-13
2023-06-01 Quarterly 0.33 2023-04-13 2023-06-02 2023-06-14
2023-03-02 Quarterly 0.33 2023-01-12 2023-03-03 2023-03-15
2022-12-01 Quarterly 0.32 2022-10-13 2022-12-02 2022-12-14
2022-09-01 Quarterly 0.32 2022-07-14 2022-09-02 2022-09-14
2022-06-02 Quarterly 0.31 2022-04-14 2022-06-03 2022-06-15
2022-03-03 Quarterly 0.31 2022-01-18 2022-03-04 2022-03-16
2021-12-02 Quarterly 0.3 2021-10-19 2021-12-03 2021-12-15
2021-09-02 Quarterly 0.3 2021-07-20 2021-09-03 2021-09-15
2021-06-03 Quarterly 0.29 2021-04-15 2021-06-04 2021-06-16
2021-03-04 Quarterly 0.29 2021-01-19 2021-03-05 2021-03-17
2020-12-03 Quarterly 0.28 2020-10-15 2020-12-04 2020-12-16
2020-09-03 Quarterly 0.28 2020-07-16 2020-09-04 2020-09-16
2020-06-04 Quarterly 0.28 2020-04-16 2020-06-05 2020-06-17
2020-03-05 Quarterly 0.28 2020-01-16 2020-03-06 2020-03-18
2019-12-05 Quarterly 0.27 2019-10-10 2019-12-06 2019-12-18
2019-09-05 Quarterly 0.27 2019-07-11 2019-09-06 2019-09-18
2019-06-06 Quarterly 0.26 2019-04-11 2019-06-07 2019-06-19
2019-03-07 Quarterly 0.26 2019-01-22 2019-03-08 2019-03-20
2018-12-06 Quarterly 1 2018-10-11 2018-12-07 2018-12-19
2018-09-06 Quarterly 0.24 2018-07-12 2018-09-07 2018-09-19
2018-06-07 Quarterly 0.22 2018-04-12 2018-06-08 2018-06-20
2018-03-08 Quarterly 0.22 2018-01-11 2018-03-09 2018-03-21
2017-12-07 Quarterly 0.19 2017-10-17 2017-12-08 2017-12-20
2017-09-07 Quarterly 0.19 2017-07-13 2017-09-08 2017-09-20
2017-06-07 Quarterly 0.18 2017-04-18 2017-06-09 2017-06-21
2017-03-08 Quarterly 0.18 2017-01-17 2017-03-10 2017-03-22
2016-12-07 Quarterly 0.67 2016-10-13 2016-12-09 2016-12-21
2016-09-07 Quarterly 0.17 2016-07-14 2016-09-09 2016-09-21
2016-06-08 Quarterly 0.16 2016-04-19 2016-06-10 2016-06-23
2016-03-09 Quarterly 0.16 2016-01-19 2016-03-11 2016-03-23
2015-12-09 Quarterly 0.15 2015-10-20 2015-12-11 2015-12-23
2015-09-09 Quarterly 0.15 2015-07-21 2015-09-11 2015-09-23
2015-06-10 Quarterly 0.14 2015-04-16 2015-06-12 2015-06-24
2015-03-11 Quarterly 0.14 2015-01-20 2015-03-13 2015-03-25
2014-12-10 Quarterly 0.12 2014-10-16 2014-12-12 2014-12-24
2014-09-10 Quarterly 0.12 2014-07-17 2014-09-12 2014-09-24
2014-06-11 Quarterly 0.12 2014-05-09 2014-06-13 2014-06-25
2014-05-20 Quarterly 2 2014-05-09 2014-05-22 2014-05-29
2014-03-07 Quarterly 0.06 2014-02-20 2014-03-11 2014-03-27
2014-02-06 Quarterly 0.12 2014-01-21 2014-02-10 2014-03-10
2013-12-11 Quarterly 0.06 2013-12-03 2013-12-13 2013-12-26
2013-11-06 Quarterly 0.12 2013-10-10 2013-11-08 2013-12-10
2013-09-06 Quarterly 0.06 2013-08-27 2013-09-10 2013-09-26
2013-08-07 Quarterly 0.12 2013-07-11 2013-08-09 2013-09-10
2013-06-07 Quarterly 0.06 2013-05-23 2013-06-11 2013-06-27
2013-05-08 Quarterly 0.11 2013-04-11 2013-05-10 2013-06-10
2013-03-08 Quarterly 0.06 2013-02-26 2013-03-12 2013-03-28
2013-02-06 Quarterly 0.1 2013-01-10 2013-02-08 2013-03-08
2012-12-18 Quarterly 0.2 2012-12-11 2012-12-20 2012-12-31
2012-11-20 Quarterly 0.01 2012-10-23 2012-11-23 2012-12-13
2012-11-07 Quarterly 0.09 2012-10-16 2012-11-09 2012-12-10
2012-08-22 Quarterly 0.01 2012-08-24 2012-09-13
2012-05-23 Quarterly 0.01 2012-05-25 2012-06-14
2012-02-22 Quarterly 0.06 2012-02-24 2012-03-15
2011-11-22 Quarterly 0.01 2011-11-25 2011-12-15
2011-08-24 Quarterly 0.01 2011-08-26 2011-09-15
2011-05-25 Quarterly 0.01 2011-05-27 2011-06-16
2011-02-23 Quarterly 0.01 2011-02-25 2011-03-17
2010-11-23 Quarterly 0.01 2010-11-26 2010-12-16
2010-08-25 Quarterly 0.01 2010-08-27 2010-09-16
2010-05-26 Quarterly 0.01 2010-05-28 2010-06-17
2010-02-17 Quarterly 0.05 2010-02-19 2010-03-11
2010-02-08 Quarterly 0.01 2010-01-19 2010-02-10 2010-03-10
2009-11-24 Quarterly 0.1 2009-11-27 2009-12-17
2009-11-06 Quarterly 0.01 2009-10-20 2009-11-10 2009-12-10
2009-08-26 Quarterly 0.1 2009-08-28 2009-09-17
2009-08-06 Quarterly 0.01 2009-07-21 2009-08-10 2009-09-10
2009-05-20 Quarterly 0.1 2009-05-22 2009-06-11
2009-05-06 Quarterly 0.01 2009-04-15 2009-05-08 2009-06-10
2009-03-04 Quarterly 0.1 2009-03-06 2009-03-19
2009-02-06 Quarterly 0.04 2009-01-14 2009-02-10 2009-03-10
2008-11-19 Quarterly 0.225 2008-11-21 2008-12-11
2008-11-06 Quarterly 0.04 2008-10-14 2008-11-10 2008-12-10
2008-08-20 Quarterly 0.225 2008-08-22 2008-09-11
2008-08-06 Quarterly 0.04 2008-07-16 2008-08-08 2008-09-10
2008-05-21 Quarterly 0.225 2008-05-23 2008-06-12
2008-05-07 Quarterly 0.08 2008-04-09 2008-05-09 2008-06-10
2008-02-20 Quarterly 0.225 2008-02-22 2008-03-13
2008-02-06 Quarterly 0.15 2008-01-09 2008-02-08 2008-03-10
2007-11-20 Quarterly 0.225 2007-11-23 2007-12-06
2007-11-07 Quarterly 0.14 2007-10-10 2007-11-09 2007-12-10
2007-08-22 Quarterly 0.225 2007-08-24 2007-09-13
2007-08-08 Quarterly 0.14 2007-07-11 2007-08-10 2007-09-10
2007-05-23 Quarterly 0.225 2007-05-25 2007-06-14
2007-05-08 Quarterly 0.13333 2007-04-11 2007-05-10 2007-06-08
2007-02-21 Quarterly 0.225 2007-02-23 2007-03-15
2007-02-07 Quarterly 0.14 2007-01-10 2007-02-09 2007-03-09
2006-11-20 Quarterly 0.225 2006-11-23 2006-12-07
2006-11-08 Quarterly 0.13 2006-10-11 2006-11-10 2006-12-08
2006-08-23 Quarterly 0.225 2006-08-25 2006-09-14
2006-08-08 Quarterly 0.13 2006-07-12 2006-08-10 2006-09-08
2006-05-24 Quarterly 0.225 2006-05-26 2006-06-15
2006-05-15 Quarterly 0.13 2006-04-12 2006-05-17 2006-06-09
2006-02-22 Quarterly 0.22 2006-02-24 2006-03-16
2006-02-08 Quarterly 0.12 2006-01-11 2006-02-10 2006-03-10
2005-11-21 Quarterly 0.22 2005-11-24 2005-12-08
2005-11-08 Quarterly 0.11 2005-10-10 2005-11-10 2005-12-09
2005-08-24 Quarterly 0.22 2005-08-26 2005-09-15
2005-08-08 Quarterly 0.10476 2005-07-08 2005-08-10 2005-09-09
2005-05-25 Quarterly 0.22 2005-05-27 2005-06-16
2005-05-06 Quarterly 0.11 2005-04-07 2005-05-10 2005-06-10
2005-02-23 Quarterly 0.21 2005-02-25 2005-03-17
2005-02-08 Quarterly 0.1 2005-01-12 2005-02-10 2005-03-10
2004-11-22 Quarterly 0.21 2004-11-25 2004-12-09
2004-11-08 Quarterly 0.09 2004-10-07 2004-11-10 2004-12-10
2004-08-25 Quarterly 0.21 2004-08-27 2004-09-16
2004-08-06 Quarterly 0.09 2004-07-08 2004-08-10 2004-09-10
2004-05-26 Quarterly 0.21 2004-05-28 2004-06-17
2004-05-06 Quarterly 0.09 2004-04-08 2004-05-10 2004-06-10
2004-02-25 Quarterly 0.2 2004-02-27 2004-03-12
2004-02-06 Quarterly 0.09 2004-01-07 2004-02-10 2004-03-10
2003-11-24 Quarterly 0.2 2003-11-26 2003-12-11
2003-11-06 Quarterly 0.08 2003-10-07 2003-11-10 2003-12-10
2003-08-27 Quarterly 0.2 2003-08-29 2003-09-12
2003-08-07 Quarterly 0.08 2003-07-09 2003-08-11 2003-09-10
2003-05-28 Quarterly 0.2 2003-05-30 2003-06-13
2003-05-08 Quarterly 0.08 2003-04-09 2003-05-12 2003-06-10
2003-02-26 Quarterly 0.19 2003-02-28 2003-03-14
2003-02-06 Quarterly 0.08 2003-01-07 2003-02-10 2003-03-10
2003-01-15 Quarterly 0.084
2002-11-25 Quarterly 0.19 2002-11-27 2002-12-12
2002-08-28 Quarterly 0.19 2002-08-30 2002-09-13
2002-05-30 Quarterly 0.19 2002-06-03 2002-06-14
2002-02-27 Quarterly 0.18 2002-03-01 2002-03-15
2001-11-29 Quarterly 0.18 2001-12-03 2001-12-13
2001-08-29 Quarterly 0.18 2001-08-31 2001-09-14
2001-05-30 Quarterly 0.18 2001-06-01 2001-06-15
2001-02-27 Quarterly 0.17 2001-03-01 2001-03-15
2000-11-29 Quarterly 0.17 2000-12-01 2000-12-12
2000-08-30 Quarterly 0.17 2000-09-01 2000-09-15
2000-05-30 Quarterly 0.17 2000-06-01 2000-06-15
2000-02-28 Quarterly 0.17 2000-03-01 2000-03-15
1999-11-29 Quarterly 0.16 1999-12-01 1999-12-15
1999-08-30 Quarterly 0.16 1999-09-01 1999-09-15
1999-05-27 Quarterly 0.16 1999-06-01 1999-06-15
1999-02-25 Quarterly 0.16 1999-03-01 1999-03-15
1998-11-27 Quarterly 0.145 1998-12-01 1998-12-15
1998-09-02 Quarterly 0.145 1998-09-04 1998-09-15
1998-06-02 Quarterly 0.145 1998-06-04 1998-06-15
1998-03-02 Quarterly 0.29 1998-03-04 1998-03-16
1997-11-26 Quarterly 0.26 1997-12-01 1997-12-12
1997-08-28 Quarterly 0.26 1997-09-02 1997-09-16
1997-06-02 Quarterly 0.26 1997-06-04 1997-06-13
1997-03-03 Quarterly 0.22 1997-03-05 1997-03-14
1996-11-18 Quarterly 0.22 1996-11-20 1996-11-29
1996-08-29 Quarterly 0.22 1996-09-03 1996-09-13
1996-05-31 Quarterly 0.22 1996-06-04 1996-06-14
1996-03-01 Quarterly 0.18 1996-03-05 1996-03-15
1995-11-29 Quarterly 0.18 1995-12-01 1995-12-11
1995-08-31 Quarterly 0.18 1995-09-05 1995-09-15
1995-05-30 Quarterly 0.18 1995-06-05 1995-06-15
1995-02-27 Quarterly 0.15 1995-03-03 1995-03-15
1994-11-28 Quarterly 0.15 1994-12-02 1994-12-12
1994-08-29 Quarterly 0.15 1994-09-05 1994-09-15
1994-05-31 Quarterly 0.15 1994-06-06 1994-06-15
1994-03-08 Quarterly 0.15 1994-03-11 1994-03-18
1993-11-23 Quarterly 0.15 1993-11-30 1993-12-10