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
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. period
Per share
Cumulative
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 ending
Declared 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.