Mercantile Bank Corporation (MBWM) Dividend History

Mercantile Bank Corporation serves businesses and consumers across Grand Rapids and Kent County with a full range of mortgage, lending, deposit and checking products and services in a friendly, hometown banking environment.

Last update 12/17/2018


Dividend Yield Summary

  2013 2014 2015 2016 2017 2018
Dividends 0.45 2.48 0.58 1.16 0.74 0.22
Average Price 18.86 20.25 20.94 25.57 33.37 34.66
Yield 2.39% 12.25% 2.77% 4.54% 2.22% 0.63%
• The above Dividend, Average Price, and Yield values for 2018 are year-to-date.

Dividend Dates

Ex Dividend Date 2018-12-06
Dividend Pay Date

DivInfo Metrics ™

52-Week Projected Earnings Per Share 1.91
52-Week Projected Dividends Per Share 1.00
Dividend Cover 1.91 : 1
52-Week Projected Yield 3.54%
52-Week Trailing Yield 0.63%
6-Year Average Yield 3.66%
6-Year Dividend Change 122.22%
6-Year Yearly Dividend Change 20.37%
Number of Dividend Payments (2003-01-15 - 2018-03-08) 52

Dividend History

Date Amount Per Share Note
2018-03-08 $0.22
2017-12-07 $0.19
2017-09-07 $0.19
2017-06-07 $0.18
2017-03-08 $0.18
2016-12-07 $0.67
2016-09-07 $0.17
2016-06-08 $0.16
2016-03-09 $0.16
2015-12-09 $0.15
2015-09-09 $0.15
2015-06-10 $0.14
2015-03-11 $0.14
2014-12-10 $0.12
2014-09-10 $0.12
2014-06-11 $0.12
2014-05-20 $2.00
2014-02-06 $0.12
2013-11-06 $0.12
2013-08-07 $0.12
2013-05-08 $0.11
2013-02-06 $0.10
2012-11-07 $0.09
2010-03-10 $0.01
2009-12-10 $0.01
2009-09-10 $0.01
2009-03-10 $0.04
2008-12-10 $0.04
2008-09-10 $0.04
2008-06-10 $0.08
2008-02-06 $0.15
2007-11-07 $0.14
2007-08-08 $0.14
2007-05-08 $0.14
2007-02-07 $0.13
2006-11-08 $0.12
2006-08-08 $0.12
2006-05-15 $0.12
2006-02-08 $0.11
2005-11-08 $0.10
2005-08-08 $0.10
2005-05-06 $0.10
2005-02-08 $0.09
2004-11-08 $0.08
2004-08-06 $0.08
2004-05-06 $0.08
2004-02-06 $0.08
2003-11-06 $0.07
2003-08-07 $0.07
2003-05-08 $0.07
2003-02-06 $0.07
2003-01-15 $0.07
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