Mercantile Bank Corp. (MBWM)
Mercantile Bank Dividend : 0.40 for Sept. 4, 2026
Dividend Chart
Historical Dividend Data
| Ex-Date | Record Date | Pay Date | Declared Date | Type | Amount |
|---|---|---|---|---|---|
| Sep 04, 2026 | Sep 04, 2026 | Sep 16, 2026 | Jul 16, 2026 | Normal | 0.40 |
| Jun 05, 2026 | Jun 05, 2026 | Jun 17, 2026 | Apr 16, 2026 | Normal | 0.39 |
| Mar 06, 2026 | Mar 06, 2026 | Mar 18, 2026 | Jan 15, 2026 | Normal | 0.39 |
| Dec 05, 2025 | Dec 05, 2025 | Dec 17, 2025 | Oct 16, 2025 | Normal | 0.38 |
| Sep 05, 2025 | Sep 05, 2025 | Sep 17, 2025 | Jul 17, 2025 | Normal | 0.38 |
| Jun 06, 2025 | Jun 06, 2025 | Jun 18, 2025 | Apr 17, 2025 | Normal | 0.37 |
| Mar 07, 2025 | Mar 07, 2025 | Mar 19, 2025 | Jan 16, 2025 | Normal | 0.37 |
| Dec 06, 2024 | Dec 06, 2024 | Dec 18, 2024 | Oct 10, 2024 | Normal | 0.36 |
| Sep 06, 2024 | Sep 06, 2024 | Sep 18, 2024 | Jul 11, 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 12, 2023 | Normal | 0.34 |
| Aug 31, 2023 | Sep 01, 2023 | Sep 13, 2023 | Jul 13, 2023 | Normal | 0.34 |
| Jun 01, 2023 | Jun 02, 2023 | Jun 14, 2023 | Apr 13, 2023 | Normal | 0.33 |
| Mar 02, 2023 | Mar 03, 2023 | Mar 15, 2023 | Jan 12, 2023 | Normal | 0.33 |
| Dec 01, 2022 | Dec 02, 2022 | Dec 14, 2022 | Oct 13, 2022 | Normal | 0.32 |
| Sep 01, 2022 | Sep 02, 2022 | Sep 14, 2022 | Jul 14, 2022 | Normal | 0.32 |
| Jun 02, 2022 | Jun 03, 2022 | Jun 15, 2022 | Apr 14, 2022 | Normal | 0.31 |
| Mar 03, 2022 | Mar 04, 2022 | Mar 16, 2022 | Jan 18, 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 20, 2021 | Normal | 0.30 |
| Jun 03, 2021 | Jun 04, 2021 | Jun 16, 2021 | Apr 15, 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 |
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.