MBWM / Dividend History

Mercantile Bank Corporation (MBWM) Dividend History

See how Mercantile Bank Corporation (MBWM) has rewarded shareholders over time. This page covers all dividend payouts, key dates, and historical yield data to help you evaluate the stock’s income consistency and growth.

Last Ex-Dividend Date
September 5, 2025
Annual Dividend
$1.84
Dividend Yield
3.06%
Forward Dividend Yield
3.24%
Payment Date Dividend / Share Frequency
Ex Date
September 17, 2025
Declared
$0.38
Quarterly
September 5, 2025
June 18, 2025
Declared
$0.37
Quarterly
June 6, 2025
March 19, 2025
Declared
$0.37
Quarterly
March 7, 2025
December 18, 2024
Declared
$0.36
Quarterly
December 6, 2024
September 18, 2024
Declared
$0.36
Quarterly
September 6, 2024
June 19, 2024
Declared
$0.35
Quarterly
June 7, 2024
March 13, 2024
Declared
$0.35
Quarterly
February 29, 2024
December 13, 2023
Declared
$0.34
Quarterly
November 30, 2023
September 13, 2023
Declared
$0.34
Quarterly
August 31, 2023
June 14, 2023
Declared
$0.33
Quarterly
June 1, 2023
March 15, 2023
Declared
$0.33
Quarterly
March 2, 2023
December 14, 2022
Declared
$0.32
Quarterly
December 1, 2022
September 14, 2022
Declared
$0.32
Quarterly
September 1, 2022
June 15, 2022
Declared
$0.31
Quarterly
June 2, 2022
March 16, 2022
Declared
$0.31
Quarterly
March 3, 2022
December 15, 2021
Declared
$0.30
Quarterly
December 2, 2021
September 15, 2021
Declared
$0.30
Quarterly
September 2, 2021
June 16, 2021
Declared
$0.29
Quarterly
June 3, 2021
March 17, 2021
Declared
$0.29
Quarterly
March 4, 2021
December 16, 2020
Declared
$0.28
Quarterly
December 3, 2020
September 16, 2020
Declared
$0.28
Quarterly
September 3, 2020
June 17, 2020
Declared
$0.28
Quarterly
June 4, 2020
March 18, 2020
Declared
$0.28
Quarterly
March 5, 2020
December 18, 2019
Declared
$0.27
Quarterly
December 5, 2019
September 18, 2019
Declared
$0.27
Quarterly
September 5, 2019
June 19, 2019
Declared
$0.26
Quarterly
June 6, 2019
March 20, 2019
Declared
$0.26
Quarterly
March 7, 2019
December 19, 2018
Declared
$1.00
Quarterly
December 6, 2018
September 19, 2018
Declared
$0.24
Quarterly
September 6, 2018
June 20, 2018
Declared
$0.22
Quarterly
June 7, 2018
March 21, 2018
Declared
$0.22
Quarterly
March 8, 2018
December 20, 2017
Declared
$0.19
Quarterly
December 7, 2017
September 20, 2017
Declared
$0.19
Quarterly
September 7, 2017
June 21, 2017
Declared
$0.18
Quarterly
June 7, 2017
March 22, 2017
Declared
$0.18
Quarterly
March 8, 2017
December 21, 2016
Declared
$0.67
Quarterly
December 7, 2016
September 21, 2016
Declared
$0.17
Quarterly
September 7, 2016
June 23, 2016
Declared
$0.16
Quarterly
June 8, 2016
March 23, 2016
Declared
$0.16
Quarterly
March 9, 2016
December 23, 2015
Declared
$0.15
Quarterly
December 9, 2015
September 23, 2015
Declared
$0.15
Quarterly
September 9, 2015
June 24, 2015
Declared
$0.14
Quarterly
June 10, 2015
March 25, 2015
Declared
$0.14
Quarterly
March 11, 2015
December 24, 2014
Declared
$0.12
Quarterly
December 10, 2014
September 24, 2014
Declared
$0.12
Quarterly
September 10, 2014
June 25, 2014
Declared
$0.12
Quarterly
June 11, 2014
May 29, 2014
Declared
$2.00
Other
May 20, 2014
March 27, 2014
Declared
$0.06
Quarterly
March 7, 2014
March 10, 2014
Declared
$0.12
Quarterly
February 6, 2014
December 26, 2013
Declared
$0.06
Quarterly
December 11, 2013
December 10, 2013
Declared
$0.12
Quarterly
November 6, 2013
September 26, 2013
Declared
$0.06
Quarterly
September 6, 2013
September 10, 2013
Declared
$0.12
Quarterly
August 7, 2013
June 27, 2013
Declared
$0.06
Quarterly
June 7, 2013
June 10, 2013
Declared
$0.11
Quarterly
May 8, 2013
March 28, 2013
Declared
$0.06
Quarterly
March 8, 2013
March 8, 2013
Declared
$0.10
Quarterly
February 6, 2013
December 31, 2012
Declared
$0.18
Other
December 18, 2012
December 13, 2012
Declared
$0.01
Quarterly
November 20, 2012
December 10, 2012
Declared
$0.09
Quarterly
November 7, 2012
September 13, 2012
Declared
$0.01
Quarterly
August 22, 2012
June 14, 2012
Declared
$0.01
Quarterly
May 23, 2012
March 15, 2012
Declared
$0.06
Quarterly
February 22, 2012
December 15, 2011
Declared
$0.01
Quarterly
November 22, 2011
September 15, 2011
Declared
$0.01
Quarterly
August 24, 2011
June 16, 2011
Declared
$0.01
Quarterly
May 25, 2011
March 17, 2011
Declared
$0.01
Quarterly
February 23, 2011
December 16, 2010
Declared
$0.01
Quarterly
November 23, 2010
September 16, 2010
Declared
$0.01
Quarterly
August 25, 2010
June 17, 2010
Declared
$0.01
Quarterly
May 26, 2010
March 11, 2010
Declared
$0.05
Quarterly
February 17, 2010
March 10, 2010
Declared
$0.01
Quarterly
February 8, 2010
December 17, 2009
Declared
$0.09
Quarterly
November 24, 2009
December 10, 2009
Declared
$0.01
Quarterly
November 6, 2009
September 17, 2009
Declared
$0.09
Quarterly
August 26, 2009
September 10, 2009
Declared
$0.01
Quarterly
August 6, 2009
June 11, 2009
Declared
$0.09
Quarterly
May 20, 2009
June 10, 2009
Declared
$0.01
Quarterly
May 6, 2009
March 19, 2009
Declared
$0.09
Quarterly
March 4, 2009
March 10, 2009
Declared
$0.04
Quarterly
February 6, 2009
December 11, 2008
Declared
$0.19
Quarterly
November 19, 2008
December 10, 2008
Declared
$0.04
Quarterly
November 6, 2008
September 11, 2008
Declared
$0.19
Quarterly
August 20, 2008
September 10, 2008
Declared
$0.04
Quarterly
August 6, 2008
June 12, 2008
Declared
$0.19
Quarterly
May 21, 2008
June 10, 2008
Declared
$0.08
Quarterly
May 7, 2008
March 13, 2008
Declared
$0.19
Quarterly
February 20, 2008
March 10, 2008
Declared
$0.15
Quarterly
February 6, 2008
December 6, 2007
Declared
$0.19
Quarterly
November 20, 2007
December 10, 2007
Declared
$0.14
Quarterly
November 7, 2007
September 13, 2007
Declared
$0.19
Quarterly
August 22, 2007
September 10, 2007
Declared
$0.14
Quarterly
August 8, 2007
June 14, 2007
Declared
$0.19
Quarterly
May 23, 2007
June 8, 2007
Declared
$0.14
Quarterly
May 8, 2007
March 15, 2007
Declared
$0.18
Quarterly
February 21, 2007
March 9, 2007
Declared
$0.13
Quarterly
February 7, 2007
December 7, 2006
Declared
$0.18
Quarterly
November 20, 2006
December 8, 2006
Declared
$0.12
Quarterly
November 8, 2006
September 14, 2006
Declared
$0.18
Quarterly
August 23, 2006
September 8, 2006
Declared
$0.12
Quarterly
August 8, 2006
June 15, 2006
Declared
$0.18
Quarterly
May 24, 2006
June 9, 2006
Declared
$0.12
Quarterly
May 15, 2006
March 16, 2006
Declared
$0.16
Quarterly
February 22, 2006
March 10, 2006
Declared
$0.11
Quarterly
February 8, 2006
December 8, 2005
Declared
$0.16
Quarterly
November 21, 2005
December 9, 2005
Declared
$0.10
Quarterly
November 8, 2005
September 15, 2005
Declared
$0.16
Quarterly
August 24, 2005
September 9, 2005
Declared
$0.10
Quarterly
August 8, 2005
June 16, 2005
Declared
$0.14
Quarterly
May 25, 2005
June 10, 2005
Declared
$0.10
Quarterly
May 6, 2005
March 17, 2005
Declared
$0.14
Quarterly
February 23, 2005
March 10, 2005
Declared
$0.09
Quarterly
February 8, 2005
December 9, 2004
Declared
$0.13
Quarterly
November 22, 2004
December 10, 2004
Declared
$0.08
Quarterly
November 8, 2004
September 16, 2004
Declared
$0.13
Quarterly
August 25, 2004
September 10, 2004
Declared
$0.08
Quarterly
August 6, 2004
June 17, 2004
Declared
$0.13
Quarterly
May 26, 2004
June 10, 2004
Declared
$0.08
Quarterly
May 6, 2004
March 12, 2004
Declared
$0.12
Quarterly
February 25, 2004
March 10, 2004
Declared
$0.07
Quarterly
February 6, 2004
December 11, 2003
Declared
$0.12
Quarterly
November 24, 2003
December 10, 2003
Declared
$0.07
Quarterly
November 6, 2003
September 12, 2003
Declared
$0.12
Quarterly
August 27, 2003
September 10, 2003
Declared
$0.07
Quarterly
August 7, 2003
June 13, 2003
Declared
$0.12
Quarterly
May 28, 2003
June 10, 2003
Declared
$0.07
Quarterly
May 8, 2003
March 14, 2003
Declared
$0.11
Quarterly
February 26, 2003
March 10, 2003
Declared
$0.07
Other
February 6, 2003
December 12, 2002
Declared
$0.10
Quarterly
November 25, 2002
September 13, 2002
Declared
$0.10
Quarterly
August 28, 2002
June 14, 2002
Declared
$0.10
Quarterly
May 30, 2002
March 15, 2002
Declared
$0.10
Quarterly
February 27, 2002
December 13, 2001
Declared
$0.09
Quarterly
November 29, 2001
September 14, 2001
Declared
$0.09
Quarterly
August 29, 2001
June 15, 2001
Declared
$0.09
Quarterly
May 30, 2001
March 15, 2001
Declared
$0.08
Quarterly
February 27, 2001
December 12, 2000
Declared
$0.07
Quarterly
November 29, 2000
September 15, 2000
Declared
$0.07
Quarterly
August 30, 2000
June 15, 2000
Declared
$0.07
Quarterly
May 30, 2000
March 15, 2000
Declared
$0.07
Quarterly
February 28, 2000
Stock Split History

View the complete MBWM stock split history including past split dates, split ratios, and how splits have historically impacted stock prices.

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