MBWM Dividends
Mercantile Bank Corporation
1W: -0.9%
1M: -1.8%
3M: +2.7%
YTD: +25.0%
1Y: +33.8%
3Y: +107.8%
5Y: +122.2%
$59.50
+0.60 (+1.02%)
Weekly Expected Move ±2.6%
$56
$58
$60
$61
$63
Overview
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Chart
Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Dividends
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Supply Chain
Dividend Overview
2.62%
Dividend Yield
$1.56
Annual Dividend
26.7%
Payout Ratio
37.3%
FCF Payout
1
Yr Increase Streak
—%
Buyback Yield
2.51%
Total Return
12.05%
Chowder Number
Annual Dividend History
Quarterly Payment History
Shareholder Returns: Dividends vs Buybacks
Full Payment History (87 payments)
| Ex-Date | Amount | Adj. Amount | Yield | Frequency |
|---|---|---|---|---|
| 2026-09-04 | $0.4000 | $0.4000 | 251.05% | Quarterly |
| 2026-06-05 | $0.3900 | $0.3900 | 292.00% | Quarterly |
| 2026-03-06 | $0.3900 | $0.3900 | 152.99% | Quarterly |
| 2025-12-05 | $0.3800 | $0.3800 | 322.16% | Quarterly |
| 2025-09-05 | $0.3800 | $0.3800 | 304.03% | Quarterly |
| 2025-06-06 | $0.3700 | $0.3700 | 328.24% | Quarterly |
| 2025-03-07 | $0.3700 | $0.3700 | 316.00% | Quarterly |
| 2024-12-06 | $0.3600 | $0.3600 | 281.13% | Quarterly |
| 2024-09-06 | $0.3600 | $0.3600 | 326.72% | Quarterly |
| 2024-06-07 | $0.3500 | $0.3500 | 379.12% | Quarterly |
| 2024-02-29 | $0.3500 | $0.3500 | 369.16% | Quarterly |
| 2023-11-30 | $0.3400 | $0.3400 | 389.65% | Quarterly |
| 2023-08-31 | $0.3400 | $0.3400 | 395.45% | Quarterly |
| 2023-06-01 | $0.3300 | $0.3300 | 491.12% | Quarterly |
| 2023-03-02 | $0.3300 | $0.3300 | 372.42% | Quarterly |
| 2022-12-01 | $0.3200 | $0.3200 | 363.11% | Quarterly |
| 2022-09-01 | $0.3200 | $0.3200 | 376.21% | Quarterly |
| 2022-06-02 | $0.3100 | $0.3100 | 376.19% | Quarterly |
| 2022-03-03 | $0.3100 | $0.3100 | 319.83% | Quarterly |
| 2021-12-02 | $0.3000 | $0.3000 | 346.55% | Quarterly |
| 2021-09-02 | $0.3000 | $0.3000 | 370.13% | Quarterly |
| 2021-06-03 | $0.2900 | $0.2900 | 350.88% | Quarterly |
| 2021-03-04 | $0.2900 | $0.2900 | 370.01% | Quarterly |
| 2020-12-03 | $0.2800 | $0.2800 | 446.22% | Quarterly |
| 2020-09-03 | $0.2800 | $0.2800 | 517.24% | Quarterly |
| 2020-06-04 | $0.2800 | $0.2800 | 466.69% | Quarterly |
| 2020-03-05 | $0.2800 | $0.2800 | 388.49% | Quarterly |
| 2019-12-05 | $0.2700 | $0.2700 | 302.51% | Quarterly |
| 2019-09-05 | $0.2700 | $0.2700 | 577.42% | Quarterly |
| 2019-06-06 | $0.2600 | $0.2600 | 561.58% | Quarterly |
| 2019-03-07 | $0.2600 | $0.2600 | 521.69% | Quarterly |
| 2018-12-06 | $1.0000 | $1.0000 | 587.62% | Quarterly |
| 2018-09-06 | $0.2400 | $0.2400 | 252.61% | Quarterly |
| 2018-06-07 | $0.2200 | $0.2200 | 220.08% | Quarterly |
| 2018-03-08 | $0.2200 | $0.2200 | 220.46% | Quarterly |
| 2017-12-07 | $0.1900 | $0.1900 | 206.13% | Quarterly |
| 2017-09-07 | $0.1900 | $0.1900 | 419.10% | Quarterly |
| 2017-06-07 | $0.1800 | $0.1800 | 385.11% | Quarterly |
| 2017-03-08 | $0.1800 | $0.1800 | 356.17% | Quarterly |
| 2016-12-07 | $0.6700 | $0.6700 | 340.28% | Quarterly |
| 2016-09-07 | $0.1700 | $0.1700 | 238.90% | Quarterly |
| 2016-06-08 | $0.1600 | $0.1600 | 246.91% | Quarterly |
| 2016-03-09 | $0.1600 | $0.1600 | 259.85% | Quarterly |
| 2015-12-09 | $0.1500 | $0.1500 | 235.10% | Quarterly |
| 2015-09-09 | $0.1500 | $0.1500 | 278.34% | Quarterly |
| 2015-06-10 | $0.1400 | $0.1400 | 254.53% | Quarterly |
| 2015-03-11 | $0.1400 | $0.1400 | 1315.79% | Quarterly |
| 2014-12-10 | $0.1200 | $0.1200 | 1267.25% | Quarterly |
| 2014-09-10 | $0.1200 | $0.1200 | 1301.15% | Quarterly |
| 2014-06-11 | $0.1200 | $0.1200 | 1247.48% | Quarterly |
| 2014-05-20 | $2.0000 | $2.0000 | 1114.79% | Special |
| 2014-02-06 | $0.1200 | $0.1200 | 242.14% | Quarterly |
| 2013-11-06 | $0.1200 | $0.1200 | 205.57% | Quarterly |
| 2013-08-07 | $0.1200 | $0.1200 | 217.62% | Quarterly |
| 2013-05-08 | $0.1100 | $0.1100 | 176.47% | Quarterly |
| 2013-02-06 | $0.1000 | $0.1000 | 114.94% | Quarterly |
| 2012-11-07 | $0.0900 | $0.0900 | 61.43% | Quarterly |
| 2010-02-08 | $0.0100 | $0.0100 | 116.28% | Quarterly |
| 2009-11-06 | $0.0100 | $0.0100 | 190.74% | Quarterly |
| 2009-08-06 | $0.0100 | $0.0100 | 263.16% | Quarterly |
| 2009-05-06 | $0.0100 | $0.0100 | 335.92% | Quarterly |
| 2009-02-06 | $0.0400 | $0.0400 | 473.93% | Quarterly |
| 2008-11-06 | $0.0400 | $0.0400 | 413.33% | Quarterly |
| 2008-08-06 | $0.0400 | $0.0400 | 442.76% | Quarterly |
| 2008-05-07 | $0.0800 | $0.0800 | 505.95% | Quarterly |
| 2008-02-06 | $0.1500 | $0.1500 | 402.54% | Quarterly |
| 2007-11-07 | $0.1400 | $0.1400 | 329.36% | Quarterly |
| 2007-08-08 | $0.1400 | $0.1400 | 256.39% | Quarterly |
| 2007-05-08 | $0.1333 | $0.1400 | 190.27% | Quarterly |
| 2007-02-07 | $0.1400 | $0.1333 | 153.14% | Quarterly |
| 2006-11-08 | $0.1300 | $0.1238 | 132.35% | Quarterly |
| 2006-08-08 | $0.1300 | $0.1238 | 125.15% | Quarterly |
| 2006-05-15 | $0.1300 | $0.1238 | 123.48% | Quarterly |
| 2006-02-08 | $0.1200 | $0.1143 | 124.15% | Quarterly |
| 2005-11-08 | $0.1100 | $0.1048 | 111.57% | Quarterly |
| 2005-08-08 | $0.1048 | $0.1048 | 93.38% | Quarterly |
| 2005-05-06 | $0.1100 | $0.0998 | 100.55% | Quarterly |
| 2005-02-08 | $0.1000 | $0.0907 | 85.77% | Quarterly |
| 2004-11-08 | $0.0900 | $0.0816 | 97.33% | Quarterly |
| 2004-08-06 | $0.0900 | $0.0816 | 108.13% | Quarterly |
| 2004-05-06 | $0.0900 | $0.0816 | 95.29% | Quarterly |
| 2004-02-06 | $0.0900 | $0.0777 | 96.90% | Quarterly |
| 2003-11-06 | $0.0800 | $0.0691 | 128.26% | Quarterly |
| 2003-08-07 | $0.0800 | $0.0691 | 105.34% | Quarterly |
| 2003-05-08 | $0.0800 | $0.0691 | 95.27% | Quarterly |
| 2003-02-06 | $0.0800 | $0.0691 | 68.59% | Quarterly |
| 2003-01-15 | $0.0800 | $0.0691 | 34.24% | Monthly |
Stock Split History (7 splits)
| Date | Ratio | Type |
|---|---|---|
| 2007-04-19 | 21:20 | stock-split |
| 2006-04-20 | 21:20 | stock-split |
| 2005-07-14 | 21:20 | stock-split |
| 2004-04-14 | 21:20 | stock-split |
| 2003-01-15 | 21:20 | stock-split |
| 2002-01-16 | 21:20 | stock-split |
| 2001-01-17 | 21:20 | stock-split |