Mercantile Bank (MBWM)
(Delayed Data from NSDQ)
$44.11 USD
-2.01 (-4.36%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $44.01 -0.10 (-0.23%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth C Momentum D VGM
Upcoming Dividend Dates for MBWM
Announcement Date |
Ex-Dividend Date | Payable Date | Amount |
---|---|---|---|
7/11/24 |
9/6/24 | 9/18/24 | $0.36 |
Key Data for MBWM Dividend
Annual Dividend / Yield | Annualized Dividend Growth (5 Year) |
Number of Dividend Increases in the Last Five Years |
Payout Ratio |
---|---|---|---|
$1.40 / 3.04% | 6.00% | 10 | 28% |
Dividend History Summary
Mercantile Bank (MBWM) announced on July 11, 2024 that shareholders of record as of September 6, 2024 would receive a dividend of $0.36 per share on September 18, 2024. MBWM currently pays investors $1.40 per share, or 3.04%, on an annual basis. The company increased its dividend 10 times in the past 5 years, and its payout has grown 6% over the same time period. MBWM's payout ratio currently sits at 28% of earnings.
Dividend History
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