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Mercantile Bank Corporation Declares Regular Cash Dividend

$MBWMPress releaseOct 20, 2026, 5:00 AM ETRead the release

Mercantile Bank Corporation's board declared a $0.40 per share quarterly cash dividend, payable December 16, 2026 to holders of record December 4, 2026. The payout represents a 5.3% increase from the Q4 2025 dividend and equates to an annual yield of roughly 2.7%.

Key figures

Dividend Yield
approximately 2.7 percent
Dividend Per Share
0.4
Dividend Increase Yoy
5.3 percent
Record date
2026-12-04
Payable date
2026-12-16
Total assets
$7.2 billion

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.