Mercantile Bank Corporation (MBWM)
Market Closed
3 Jun, 20:00
NASDAQ (NGS) NASDAQ (NGS) Primary 
XFRA $
50. 91
-1.97
-3.73%
$
906.04M Market Cap
6.73 P/E Ratio
1.44% Div Yield
144,062 Volume
4.78 Eps
$ 52.88
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| Name | Ex-Dividend Date | Dividend | Payment Date | Record Date | Declaration Date | Frequency |
|---|---|---|---|---|---|---|
| | 5 Jun 2026 | $0.39 | 17 Jun 2026 | 5 Jun 2026 | 16 Apr 2026 | Quarterly |
| | 6 Mar 2026 | $0.39 | 18 Mar 2026 | 6 Mar 2026 | 15 Jan 2026 | Quarterly |
| | 5 Dec 2025 | $0.38 | 17 Dec 2025 | 5 Dec 2025 | 16 Oct 2025 | Quarterly |
| | 5 Sep 2025 | $0.38 | 17 Sep 2025 | 5 Sep 2025 | 17 Jul 2025 | Quarterly |
| | 6 Jun 2025 | $0.37 | 18 Jun 2025 | 6 Jun 2025 | 17 Apr 2025 | Quarterly |
| | 7 Mar 2025 | $0.37 | 19 Mar 2025 | 7 Mar 2025 | 16 Jan 2025 | Quarterly |
| | 6 Dec 2024 | $0.36 | 18 Dec 2024 | 6 Dec 2024 | 10 Oct 2024 | Quarterly |
| | 6 Sep 2024 | $0.36 | 18 Sep 2024 | 6 Sep 2024 | 11 Jul 2024 | Quarterly |
| | 7 Jun 2024 | $0.35 | 19 Jun 2024 | 7 Jun 2024 | 11 Apr 2024 | Quarterly |
| | 29 Feb 2024 | $0.35 | 13 Mar 2024 | 1 Mar 2024 | 11 Jan 2024 | Quarterly |
| | 30 Nov 2023 | $0.34 | 13 Dec 2023 | 1 Dec 2023 | 12 Oct 2023 | Quarterly |
| | 31 Aug 2023 | $0.34 | 13 Sep 2023 | 1 Sep 2023 | 13 Jul 2023 | Quarterly |
| | 1 Jun 2023 | $0.33 | 14 Jun 2023 | 2 Jun 2023 | 13 Apr 2023 | Quarterly |
| | 2 Mar 2023 | $0.33 | 15 Mar 2023 | 3 Mar 2023 | 12 Jan 2023 | Quarterly |
| | 1 Dec 2022 | $0.32 | 14 Dec 2022 | 2 Dec 2022 | 13 Oct 2022 | Quarterly |
| | 1 Sep 2022 | $0.32 | 14 Sep 2022 | 2 Sep 2022 | 14 Jul 2022 | Quarterly |
| | 2 Jun 2022 | $0.31 | 15 Jun 2022 | 3 Jun 2022 | 14 Apr 2022 | Quarterly |
| | 3 Mar 2022 | $0.31 | 16 Mar 2022 | 4 Mar 2022 | 18 Jan 2022 | Quarterly |
| | 2 Dec 2021 | $0.3 | 15 Dec 2021 | 3 Dec 2021 | 19 Oct 2021 | Quarterly |
| | 2 Sep 2021 | $0.3 | 15 Sep 2021 | 3 Sep 2021 | 20 Jul 2021 | Quarterly |
| | 3 Jun 2021 | $0.29 | 16 Jun 2021 | 4 Jun 2021 | 15 Apr 2021 | Quarterly |
| | 4 Mar 2021 | $0.29 | 17 Mar 2021 | 5 Mar 2021 | 19 Jan 2021 | Quarterly |
| | 3 Dec 2020 | $0.28 | 16 Dec 2020 | 4 Dec 2020 | 15 Oct 2020 | Quarterly |
| | 3 Sep 2020 | $0.28 | 16 Sep 2020 | 4 Sep 2020 | 16 Jul 2020 | Quarterly |
| | 4 Jun 2020 | $0.28 | 17 Jun 2020 | 5 Jun 2020 | 16 Apr 2020 | Quarterly |
| | 5 Mar 2020 | $0.28 | 18 Mar 2020 | 6 Mar 2020 | 16 Jan 2020 | Quarterly |
| | 5 Dec 2019 | $0.27 | 18 Dec 2019 | 6 Dec 2019 | 10 Oct 2019 | Quarterly |
| | 5 Sep 2019 | $0.27 | 18 Sep 2019 | 6 Sep 2019 | 11 Jul 2019 | Quarterly |
| | 6 Jun 2019 | $0.26 | 19 Jun 2019 | 7 Jun 2019 | 11 Apr 2019 | Quarterly |
| | 7 Mar 2019 | $0.26 | 20 Mar 2019 | 8 Mar 2019 | 22 Jan 2019 | Quarterly |
| | 6 Dec 2018 | $1 | 19 Dec 2018 | 7 Dec 2018 | 11 Oct 2018 | Quarterly |
| | 6 Sep 2018 | $0.24 | 19 Sep 2018 | 7 Sep 2018 | 12 Jul 2018 | Quarterly |
| | 7 Jun 2018 | $0.22 | 20 Jun 2018 | 8 Jun 2018 | 12 Apr 2018 | Quarterly |
| | 8 Mar 2018 | $0.22 | 21 Mar 2018 | 9 Mar 2018 | 11 Jan 2018 | Quarterly |
| | 7 Dec 2017 | $0.19 | 20 Dec 2017 | 8 Dec 2017 | 17 Oct 2017 | Quarterly |
| | 7 Sep 2017 | $0.19 | 20 Sep 2017 | 8 Sep 2017 | 13 Jul 2017 | Quarterly |
| | 7 Jun 2017 | $0.18 | 21 Jun 2017 | 9 Jun 2017 | - | Quarterly |
| | 8 Mar 2017 | $0.18 | 22 Mar 2017 | 10 Mar 2017 | 17 Jan 2017 | Quarterly |
| | 7 Dec 2016 | $0.67 | 21 Dec 2016 | 9 Dec 2016 | 13 Oct 2016 | Quarterly |
| | 7 Sep 2016 | $0.17 | 21 Sep 2016 | 9 Sep 2016 | 14 Jul 2016 | Quarterly |
| | 8 Jun 2016 | $0.16 | 23 Jun 2016 | 10 Jun 2016 | 19 Apr 2016 | Quarterly |
| | 9 Mar 2016 | $0.16 | 23 Mar 2016 | 11 Mar 2016 | 19 Jan 2016 | Quarterly |
| | 9 Dec 2015 | $0.15 | 23 Dec 2015 | 11 Dec 2015 | 20 Oct 2015 | Quarterly |
| | 9 Sep 2015 | $0.15 | 23 Sep 2015 | 11 Sep 2015 | 21 Jul 2015 | Quarterly |
| | 10 Jun 2015 | $0.14 | 24 Jun 2015 | 12 Jun 2015 | 16 Apr 2015 | Quarterly |
| | 11 Mar 2015 | $0.14 | 25 Mar 2015 | 13 Mar 2015 | 20 Jan 2015 | Quarterly |
| | 10 Dec 2014 | $0.12 | 24 Dec 2014 | 12 Dec 2014 | 16 Oct 2014 | Quarterly |
| | 10 Sep 2014 | $0.12 | 24 Sep 2014 | 12 Sep 2014 | 17 Jul 2014 | Quarterly |
| | 11 Jun 2014 | $0.12 | 25 Jun 2014 | 13 Jun 2014 | 9 May 2014 | Quarterly |
| | 20 May 2014 | $2 | 29 May 2014 | 22 May 2014 | 9 May 2014 | Other |
| | 7 Mar 2014 | $0.06 | 27 Mar 2014 | 11 Mar 2014 | 20 Feb 2014 | Quarterly |
| | 6 Feb 2014 | $0.12 | 10 Mar 2014 | 10 Feb 2014 | 21 Jan 2014 | Quarterly |
| | 11 Dec 2013 | $0.06 | 26 Dec 2013 | 13 Dec 2013 | 3 Dec 2013 | Quarterly |
| | 6 Nov 2013 | $0.12 | 10 Dec 2013 | 8 Nov 2013 | 10 Oct 2013 | Quarterly |
| | 6 Sep 2013 | $0.06 | 26 Sep 2013 | 10 Sep 2013 | 27 Aug 2013 | Quarterly |
| | 7 Aug 2013 | $0.12 | 10 Sep 2013 | 9 Aug 2013 | 11 Jul 2013 | Quarterly |
| | 7 Jun 2013 | $0.06 | 27 Jun 2013 | 11 Jun 2013 | 23 May 2013 | Quarterly |
| | 8 May 2013 | $0.11 | 10 Jun 2013 | 10 May 2013 | 11 Apr 2013 | Quarterly |
| | 8 Mar 2013 | $0.06 | 28 Mar 2013 | 12 Mar 2013 | 26 Feb 2013 | Quarterly |
| | 6 Feb 2013 | $0.1 | 8 Mar 2013 | 8 Feb 2013 | 10 Jan 2013 | Quarterly |
| | 18 Dec 2012 | $0.18 | 31 Dec 2012 | 20 Dec 2012 | 11 Dec 2012 | Other |
| | 7 Nov 2012 | $0.09 | 10 Dec 2012 | 9 Nov 2012 | - | Quarterly |
| | 22 Aug 2012 | $0.01 | 13 Sep 2012 | 24 Aug 2012 | - | Quarterly |
| | 23 May 2012 | $0.01 | 14 Jun 2012 | 25 May 2012 | - | Quarterly |
| | 22 Feb 2012 | $0.06 | 15 Mar 2012 | 24 Feb 2012 | - | Quarterly |
| | 22 Nov 2011 | $0.01 | 15 Dec 2011 | 25 Nov 2011 | - | Quarterly |
| | 24 Aug 2011 | $0.01 | 15 Sep 2011 | 26 Aug 2011 | - | Quarterly |
| | 25 May 2011 | $0.01 | 16 Jun 2011 | 27 May 2011 | - | Quarterly |
| | 23 Feb 2011 | $0.01 | 17 Mar 2011 | 25 Feb 2011 | - | Quarterly |
| | 23 Nov 2010 | $0.01 | 16 Dec 2010 | 26 Nov 2010 | - | Quarterly |
| | 25 Aug 2010 | $0.01 | 16 Sep 2010 | 27 Aug 2010 | - | Quarterly |
| | 26 May 2010 | $0.01 | 17 Jun 2010 | 28 May 2010 | - | Quarterly |
| | 8 Feb 2010 | $0.01 | 10 Mar 2010 | 10 Feb 2010 | - | Quarterly |
| | 24 Nov 2009 | $0.09 | 17 Dec 2009 | 27 Nov 2009 | - | Quarterly |
| | 6 Nov 2009 | $0.01 | 10 Dec 2009 | 10 Nov 2009 | - | Quarterly |
| | 26 Aug 2009 | $0.09 | 17 Sep 2009 | 28 Aug 2009 | - | Quarterly |
| | 6 Aug 2009 | $0.01 | 10 Sep 2009 | 10 Aug 2009 | - | Quarterly |
| | 6 May 2009 | $0.01 | 10 Jun 2009 | 8 May 2009 | - | Quarterly |
| | 4 Mar 2009 | $0.09 | 19 Mar 2009 | 6 Mar 2009 | - | Quarterly |
| | 6 Feb 2009 | $0.04 | 10 Mar 2009 | 10 Feb 2009 | - | Quarterly |
| | 6 Nov 2008 | $0.04 | 10 Dec 2008 | 10 Nov 2008 | - | Quarterly |
| | 6 Aug 2008 | $0.04 | 10 Sep 2008 | 8 Aug 2008 | - | Quarterly |
| | 7 May 2008 | $0.08 | 10 Jun 2008 | 9 May 2008 | - | Quarterly |
| | 6 Feb 2008 | $0.15 | 10 Mar 2008 | 8 Feb 2008 | - | Quarterly |
| | 7 Nov 2007 | $0.14 | 10 Dec 2007 | 9 Nov 2007 | - | Quarterly |
| | 8 Aug 2007 | $0.14 | 10 Sep 2007 | 10 Aug 2007 | - | Quarterly |
| | 23 May 2007 | $0.19 | 14 Jun 2007 | 25 May 2007 | - | Quarterly |
| | 8 May 2007 | $0.14 | 8 Jun 2007 | 10 May 2007 | - | Quarterly |
| | 7 Feb 2007 | $0.13 | 9 Mar 2007 | 9 Feb 2007 | - | Quarterly |
| | 8 Nov 2006 | $0.12 | 8 Dec 2006 | 10 Nov 2006 | - | Quarterly |
| | 23 Aug 2006 | $0.18 | 14 Sep 2006 | 25 Aug 2006 | - | Quarterly |
| | 8 Aug 2006 | $0.12 | 8 Sep 2006 | 10 Aug 2006 | - | Quarterly |
| | 15 May 2006 | $0.12 | 9 Jun 2006 | 17 May 2006 | - | Quarterly |
| | 8 Feb 2006 | $0.11 | 10 Mar 2006 | 10 Feb 2006 | - | Quarterly |
| | 8 Nov 2005 | $0.1 | 9 Dec 2005 | 10 Nov 2005 | - | Quarterly |
| | 24 Aug 2005 | $0.16 | 15 Sep 2005 | 26 Aug 2005 | - | Quarterly |
| | 8 Aug 2005 | $0.1 | 9 Sep 2005 | 10 Aug 2005 | - | Quarterly |
| | 25 May 2005 | $0.14 | 16 Jun 2005 | 27 May 2005 | - | Quarterly |
| | 6 May 2005 | $0.1 | 10 Jun 2005 | 10 May 2005 | - | Quarterly |
| | 23 Feb 2005 | $0.14 | 17 Mar 2005 | 25 Feb 2005 | - | Quarterly |
| | 8 Feb 2005 | $0.09 | 10 Mar 2005 | 10 Feb 2005 | - | Quarterly |
| | 8 Nov 2004 | $0.08 | 10 Dec 2004 | 10 Nov 2004 | - | Quarterly |
| | 25 Aug 2004 | $0.13 | 16 Sep 2004 | 27 Aug 2004 | - | Quarterly |
| | 6 Aug 2004 | $0.08 | 10 Sep 2004 | 10 Aug 2004 | - | Quarterly |
| | 26 May 2004 | $0.13 | 17 Jun 2004 | 28 May 2004 | - | Quarterly |
| | 6 May 2004 | $0.08 | 10 Jun 2004 | 10 May 2004 | - | Quarterly |
| | 25 Feb 2004 | $0.12 | 12 Mar 2004 | 27 Feb 2004 | - | Quarterly |
| | 6 Feb 2004 | $0.07 | 10 Mar 2004 | 10 Feb 2004 | - | Quarterly |
| | 24 Nov 2003 | $0.12 | 11 Dec 2003 | 26 Nov 2003 | - | Quarterly |
| | 6 Nov 2003 | $0.07 | 10 Dec 2003 | 10 Nov 2003 | - | Quarterly |
| | 27 Aug 2003 | $0.12 | 12 Sep 2003 | 29 Aug 2003 | - | Quarterly |
| | 7 Aug 2003 | $0.07 | 10 Sep 2003 | 11 Aug 2003 | - | Quarterly |
| | 28 May 2003 | $0.12 | 13 Jun 2003 | 30 May 2003 | - | Quarterly |
| | 8 May 2003 | $0.07 | 10 Jun 2003 | 12 May 2003 | - | Quarterly |
| | 26 Feb 2003 | $0.11 | 14 Mar 2003 | 28 Feb 2003 | - | Quarterly |
| | 6 Feb 2003 | $0.07 | 10 Mar 2003 | 10 Feb 2003 | - | Other |
| | 25 Nov 2002 | $0.1 | 12 Dec 2002 | 27 Nov 2002 | - | Quarterly |
| | 28 Aug 2002 | $0.1 | 13 Sep 2002 | 30 Aug 2002 | - | Quarterly |
| | 30 May 2002 | $0.1 | 14 Jun 2002 | 3 Jun 2002 | - | Quarterly |
| | 27 Feb 2002 | $0.1 | 15 Mar 2002 | 1 Mar 2002 | - | Quarterly |
| | 29 Nov 2001 | $0.09 | 13 Dec 2001 | 3 Dec 2001 | - | Quarterly |
| | 29 Aug 2001 | $0.09 | 14 Sep 2001 | 31 Aug 2001 | - | Quarterly |
| | 30 May 2001 | $0.09 | 15 Jun 2001 | 1 Jun 2001 | - | Quarterly |
| | 27 Feb 2001 | $0.08 | 15 Mar 2001 | 1 Mar 2001 | - | Quarterly |
| | 29 Nov 2000 | $0.07 | 12 Dec 2000 | 1 Dec 2000 | - | Quarterly |
| | 30 Aug 2000 | $0.07 | 15 Sep 2000 | 1 Sep 2000 | - | Quarterly |
| | 30 May 2000 | $0.07 | 15 Jun 2000 | 1 Jun 2000 | - | Quarterly |
| | 28 Feb 2000 | $0.07 | 15 Mar 2000 | 1 Mar 2000 | - | Quarterly |
| | 29 Nov 1999 | $0.08 | 15 Dec 1999 | 1 Dec 1999 | - | Quarterly |
| | 30 Aug 1999 | $0.08 | 15 Sep 1999 | 1 Sep 1999 | - | Quarterly |
| | 27 May 1999 | $0.08 | 15 Jun 1999 | 1 Jun 1999 | - | Quarterly |
| | 25 Feb 1999 | $0.08 | 15 Mar 1999 | 1 Mar 1999 | - | Quarterly |
| | 27 Nov 1998 | $0.07 | 15 Dec 1998 | 1 Dec 1998 | - | Quarterly |
| | 2 Sep 1998 | $0.07 | 15 Sep 1998 | 4 Sep 1998 | - | Quarterly |
| | 2 Jun 1998 | $0.07 | 15 Jun 1998 | 4 Jun 1998 | - | Quarterly |
| | 2 Mar 1998 | $0.07 | 16 Mar 1998 | 4 Mar 1998 | - | Quarterly |
| | 26 Nov 1997 | $0.06 | 12 Dec 1997 | 1 Dec 1997 | - | Quarterly |
MBWM Dividend FAQ
What is the dividend yield?
The current dividend yield for MBWM is 1.44%, based on the most recent dividend payment and the current stock price of $50.91 on the NASDAQ (NGS).
How often are dividends paid?
Dividends are paid on a quarterly basis, with typical payment being march, june, september, december.
When is the next dividend payment date?
The next dividend payment is expected to be on 2026-06-05, Use our Dividend Tracker to monitor MBWM payment history and future distributions.
What is the dividend history?
The company has a dividend payment history that includes 28 years of consistent payments. The most recent payment was $0.39 per share on 2026-03-06. For related earnings insights, visit the MBWM Earnings page.
What is the average annual dividend growth rate?
The average annual dividend growth rate over the past 28 years is approximately 7.13%, reflecting the MBWM's commitment to rewarding shareholders.
How can I track MBWM dividends?
You can easily track MBWM dividend payments using our Dividend Tracker. It helps you monitor upcoming payment dates, yields, history, and more - all in one place.
