Dividends // declared per fiscal quarter, from the filings

MBWM dividend tracker

TTM per share$1.54last four declared quarters
Trailing yield2.52%vs $61.09 close
Latest quarterly rate$0.39$1.56 annualized if held
TTM growth+6.9%vs the prior twelve months
5-year growth+6.2%/yrCAGR of the quarterly rate

Dividend history — 48 quarters on file

Jun 2013Sep 2015Jun 2018Sep 2020Sep 2022Sep 2024$2.12$0
Per-share dividends DECLARED per fiscal quarter, as reported in the company’s own filings. Monthly payers appear as quarterly sums.

Projected payments — the current rate, carried forward

PROJECTION, not a promise: four quarters at the latest declared rate of $0.39. Boards raise, cut and suspend dividends; this table will be wrong whenever they do.

Approx. periodPer shareCumulative
2026-09$0.39$0.39
2026-12$0.39$0.78
2027-03$0.39$1.17
2027-06$0.39$1.56

Your income from MBWM

Per quarter$39.00
Per year (at this rate)$156.00on ~$6,109.00 of stock at the last close

Assumes the latest declared quarterly rate holds — a projection, not a promise. Taxes and reinvestment not modeled (see the DRIP calculator for compounding).

Every declared quarter on file

Fiscal quarter endingDeclared per share
2026-06-30$0.39
2026-03-31$0.39
2025-12-31$0.38
2025-09-30$0.38
2025-06-30$0.37
2025-03-31$0.37
2024-12-31$0.34
2024-09-30$0.36
2024-06-30$0.35
2024-03-31$0.35
2023-12-31$0.34
2023-09-30$0.34
2023-06-30$0.33
2023-03-31$0.32
2022-12-31$0.32
2022-09-30$0.32
2022-06-30$0.31
2022-03-31$0.31
2021-12-31$0.3
2021-09-30$0.3
2021-06-30$0.29
2021-03-31$0.29
2020-12-31$0.28
2020-09-30$0.28
2020-06-30$0.28
2020-03-31$0.28
2019-12-31$0.27
2019-09-30$0.27
2019-06-30$0.26
2019-03-31$0.26
2018-09-30$0.24
2018-06-30$0.22
2018-03-31$0.22
2017-09-30$0.19
2017-06-30$0.18
2017-03-31$0.18
2016-09-30$0.17
2016-06-30$0.16
2016-03-31$0.16
2015-09-30$0.15
2015-06-30$0.14
2015-03-31$0.14
2014-09-30$0.12
2014-06-30$2.12
2014-03-31$0.12
2013-12-31$0.12
2013-09-30$0.12
2013-06-30$0.11

Reading this honestly

Every historical figure above is what MERCANTILE BANK CORP itself reported: per-share dividends declared each fiscal quarter; everything beyond that is the current rate carried forward and says so. Yield is trailing, computed against the last end-of-day close — a forward yield differs the moment the rate changes. Educational information, not investment advice.

MBWM dividend FAQ

What is MBWM's dividend yield?

Trailing twelve months, MBWM declared $1.54 per share; against its last close of $61.09 that is a 2.52% trailing yield. Forward yield differs when the rate changes.

Is MBWM's dividend growing?

Trailing twelve months vs the year before: +6.9%, and roughly +6.2% a year over five years — all computed from filed declarations.

When is MBWM's next dividend?

We do not show a declared next payment date: the figures here come from the company’s own filings, which record what was declared each quarter. The projected schedule carries the latest quarterly rate forward and is labeled as a projection.

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