Mercantile Bank Dividend Trends

Mercantile Bank Corp (MBWM)

49.54 -0.02 (-0.04%) USD | NASDAQ | Nov 14, 16:00

49.54 0.00 (0.00%) After-Hours: 20:00

Dividend Chart

Historical Dividend Data

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Ex-Date	Record Date	Pay Date	Declared Date	Type	Amount
Sep 06, 2024	Sep 06, 2024	Sep 18, 2024	Jul 12, 2024	Normal	0.36
Jun 07, 2024	Jun 07, 2024	Jun 19, 2024	Apr 11, 2024	Normal	0.35
Feb 29, 2024	Mar 01, 2024	Mar 13, 2024	Jan 11, 2024	Normal	0.35
Nov 30, 2023	Dec 01, 2023	Dec 13, 2023	Oct 17, 2023	Normal	0.34
Aug 31, 2023	Sep 01, 2023	Sep 13, 2023	Jul 17, 2023	Normal	0.34
Jun 01, 2023	Jun 02, 2023	Jun 14, 2023	Apr 18, 2023	Normal	0.33
Mar 02, 2023	Mar 03, 2023	Mar 15, 2023	Jan 17, 2023	Normal	0.33
Dec 01, 2022	Dec 02, 2022	Dec 14, 2022	Oct 18, 2022	Normal	0.32
Sep 01, 2022	Sep 02, 2022	Sep 14, 2022	Jul 19, 2022	Normal	0.32
Jun 02, 2022	Jun 03, 2022	Jun 15, 2022	Apr 19, 2022	Normal	0.31
Mar 03, 2022	Mar 04, 2022	Mar 16, 2022	Jan 13, 2022	Normal	0.31
Dec 02, 2021	Dec 03, 2021	Dec 15, 2021	Oct 19, 2021	Normal	0.30
Sep 02, 2021	Sep 03, 2021	Sep 15, 2021	Jul 15, 2021	Normal	0.30
Jun 03, 2021	Jun 04, 2021	Jun 16, 2021	Apr 20, 2021	Normal	0.29
Mar 04, 2021	Mar 05, 2021	Mar 17, 2021	Jan 19, 2021	Normal	0.29
Dec 03, 2020	Dec 04, 2020	Dec 16, 2020	Oct 15, 2020	Normal	0.28
Sep 03, 2020	Sep 04, 2020	Sep 16, 2020	Jul 16, 2020	Normal	0.28
Jun 04, 2020	Jun 05, 2020	Jun 17, 2020	Apr 21, 2020	Normal	0.28
Mar 05, 2020	Mar 06, 2020	Mar 18, 2020	Jan 21, 2020	Normal	0.28
Dec 05, 2019	Dec 06, 2019	Dec 18, 2019	Oct 10, 2019	Normal	0.27
Sep 05, 2019	Sep 06, 2019	Sep 18, 2019	Jul 11, 2019	Normal	0.27
Jun 06, 2019	Jun 07, 2019	Jun 19, 2019	Apr 16, 2019	Normal	0.26
Mar 07, 2019	Mar 08, 2019	Mar 20, 2019	Jan 22, 2019	Normal	0.26
Dec 06, 2018	Dec 07, 2018	Dec 19, 2018	Oct 16, 2018	Normal	0.25
Dec 06, 2018	Dec 07, 2018	Dec 19, 2018	Oct 16, 2018	Special	0.75

Dividend Definition

Dividends are payments per share reported as of the ex-dividend date. Profits can be allocated to retained earnings or paid to shareholders as dividends or stock buybacks. Shareholders receive dividends proportional to their shares. Dividends vary by company growth stage; rapidly growing companies often reinvest profits rather than pay dividends, while steady growth companies typically offer small, consistent dividends. Dividends can be qualified or non-qualified. Qualified dividends are taxed at the lower capital gains rate, while non-qualified dividends are taxed as regular income.

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Dividend Range, Past 5 Years

0.27

Minimum

Dec 05 2019

0.36

Maximum

Sep 06 2024

0.3115

Average

0.31

Median

Mar 03 2022

Dividend Benchmarks