Mercantile Bank (MBWM)
(Delayed Data from NSDQ)
$36.19 USD
-0.30 (-0.82%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $36.14 -0.05 (-0.14%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth A Momentum C VGM
Upcoming Dividend Dates for MBWM
Announcement Date |
Ex-Dividend Date | Payable Date | Amount |
---|---|---|---|
4/11/24 |
6/7/24 | 6/19/24 | $0.35 |
Key Data for MBWM Dividend
Annual Dividend / Yield | Annualized Dividend Growth (5 Year) |
Number of Dividend Increases in the Last Five Years |
Payout Ratio |
---|---|---|---|
$1.40 / 3.87% | 6.08% | 9 | 27% |
Dividend History Summary
Mercantile Bank (MBWM) announced on April 11, 2024 that shareholders of record as of June 7, 2024 would receive a dividend of $0.35 per share on June 19, 2024. MBWM currently pays investors $1.40 per share, or 3.87%, on an annual basis. The company increased its dividend 9 times in the past 5 years, and its payout has grown 6.08% over the same time period. MBWM's payout ratio currently sits at 27% of earnings.
Dividend History
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