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MBWM Dividends Insights
MBWM pays dividends quarterly. Last paid amount was $0.390 at Jun 17, 2026. As of today, dividend yield (TTM) is 2.80%.
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Safety Rating
AI Analysis of MBWM
Built on AI-powered analysis of yield strength, recent news, payout trends, and 10-year dividend growth consistency.
Dividend Yield Range
AI Analysis of MBWM
| Dividend Analysis |
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Key Stats
| Dividend Yield (TTM) | 2.80% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 2.63% |
| Payout Ratio | 0 |
| Amount Per Share | $0.390 |
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Mercantile Bank Corporation has not yet announced its next dividend date. Last payment date was: Jun 17, 2026.
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MBWM Dividend Payout History
To ensure a understanding of MBWM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 131 | Jan 07, 2003 | Feb 06, 2003 | Mar 10, 2003 | $0.0691 | 0.358% |
| 132 | Jan 15, 2003 | Jan 15, 2003 | Jan 15, 2003 | $0.0691 | 0.342% |
| 133 | Nov 25, 2002 | Nov 25, 2002 | Dec 12, 2002 | $0.190 | 0% |
| 134 | Aug 28, 2002 | Aug 28, 2002 | Sep 13, 2002 | $0.190 | 0% |
| 135 | May 30, 2002 | May 30, 2002 | Jun 14, 2002 | $0.190 | 0% |
| 136 | Feb 27, 2002 | Feb 27, 2002 | Mar 15, 2002 | $0.180 | 0% |
| 137 | Nov 29, 2001 | Nov 29, 2001 | Dec 13, 2001 | $0.180 | 0% |
| 138 | Aug 29, 2001 | Aug 29, 2001 | Sep 14, 2001 | $0.180 | 0% |
| 139 | May 30, 2001 | May 30, 2001 | Jun 15, 2001 | $0.180 | 0% |
| 140 | Feb 27, 2001 | Feb 27, 2001 | Mar 15, 2001 | $0.170 | 0% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. Its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. Overall, the dividend outlook is mixed, and merits close monitoring of both financial strength and growth prospects.
DSS - Sustainability score
DSGP - Growth potential
MBWM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MBWM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MBWM stock here.
Comparing MBWM to Sector and Country
MBWM pays a solid dividend yield of 2.80%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.86%). MBWM’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (9.06%), which means that there are more attractive dividend stocks to consider.
MBWM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| First Community Bancshares | 839.192M | $0.310 | 5.04% | 46.89% | |
| Financial Institutions | 755.957M | $0.320 | 3.28% | 33.42% | |
| Independent Bank Corporation | 725.543M | $0.280 | 3.07% | 31.40% | |
| Mercantile Bank Corporation | 948.536M | $0.390 | 2.80% | 26.86% | |
| Bank First National Corporation | 1.623B | $0.500 | 1.28% | 73.21% | |
| Atlanticus Holdings Corporation | 1.532B | $0.500 | 0% | 6.76% |
