Mercantile Bank Corporation Increases Regular Cash Dividend
Mercantile Bank Corporation declared a quarterly cash dividend of $0.40 per share, marking a 2.6% increase from the prior quarter and 5.3% growth compared to the year-ago period. The dividend is payable on September 16, 2026, to shareholders of record as of September 4, 2026, with the stock currently yielding approximately 2.8%.
Key figures
- Total assets
- $6.8 billion
- Yield percent
- 2.8
- Dividend per share
- 0.4
- Increase qoq percent
- 2.6
- Increase yoy percent
- 5.3
AI analysis
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