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MERCANTILE BANK CORP MBWM

Nasdaq · stock · State Commercial Banks · website · IPO 1997-10-24 · LEI

MERCANTILE BANK CORP dividends

Dividend yield2.43%
Dividend payout27.0%
Safetysafe
Years paying (in our data)10 · rising

Dividends by year

Per share ($)
$1.14 $0.73 $1.66 $1.04 $1.10 $1.16 $1.23 $1.30 $1.39 $1.39 2016201720182019202020212022202320242025
Dividend yield (%)
3.53% 2.08% 4.99% 3.18% 4.04% 3.01% 3.57% 3.25% 2.85% 2.68% 2016201720182019202020212022202320242025

Yield by year = that fiscal year's dividend per share over the share price around year-end — approximate, not the yield on today's price.

By fiscal year

FY2025202420232022202120202019201820172016
Total dividends paid$24.0M$22.5M$21.0M$19.6M$18.5M$17.9M$17.1M$27.5M$12.0M$18.7M
Per share$1.39$1.39$1.30$1.23$1.16$1.10$1.04$1.66$0.73$1.14
Yield then (approx)2.68%2.85%3.25%3.57%3.01%4.04%3.18%4.99%2.08%3.53%

Annual dividend per share = total paid ÷ shares. “Yield then” is the per-share dividend over the share price at that fiscal year-end — approximate.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.