Mercantile Bank Corp (MBWM) Dividend Yield, History & Safety Analysis
Mercantile Bank Corp (MBWM) pays a solid 2.79% dividend yield, or $1.56 per share annually at a stock price of $51.96. The payout ratio of 27% is well within sustainable levels, leaving room for future increases. The most recent ex-dividend date was March 6, 2026.
- Dividend Yield
- 2.79%
- Annual Dividend
- $1.56
- Payout Ratio
- 27.4%
- Ex-Dividend Date
- 2026-03-06
Frequently Asked Questions
What is MBWM's current dividend yield?
Mercantile Bank Corp (MBWM) has a dividend yield of 2.79%, paying $1.56 per share annually.
How often does MBWM pay dividends?
Mercantile Bank Corp typically pays dividends on a quarterly basis. The annual dividend totals $1.56 per share.
Is MBWM's dividend safe?
Mercantile Bank Corp's dividend safety is rated "Safe." The payout ratio of 27% is well within sustainable levels, leaving room for future increases.
When is MBWM's next ex-dividend date?
The most recent ex-dividend date for Mercantile Bank Corp was March 6, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is MBWM's payout ratio?
Mercantile Bank Corp has a payout ratio of 27%, meaning it distributes 27% of its earnings as dividends. This leaves significant room for dividend growth.
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