Mercantile Bank (MBWM)
(Real Time Quote from BATS)
$45.69 USD
-0.92 (-1.97%)
Updated Sep 20, 2024 01:36 PM ET
3-Hold of 5 3
C Value F Growth D Momentum F VGM
Upcoming Dividend Dates for MBWM
Announcement Date |
Ex-Dividend Date | Payable Date | Amount |
---|---|---|---|
Mercantile Bank Corporation (MBWM) does not have any future dividends declared |
Key Data for MBWM Dividend
Annual Dividend / Yield | Annualized Dividend Growth (5 Year) |
Number of Dividend Increases in the Last Five Years |
Payout Ratio |
---|---|---|---|
$1.44 / 3.09% | 6.00% | 9 | 28% |
Dividend History Summary
Mercantile Bank (MBWM) announced on July 11, 2024 that shareholders of record as of September 6, 2024 would receive a dividend of $0.36 per share on September 18, 2024. MBWM currently pays investors $1.44 per share, or 3.09%, on an annual basis. The company increased its dividend 9 times in the past 5 years, and its payout has grown 6% over the same time period. MBWM's payout ratio currently sits at 28% of earnings.
Dividend History
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