Mercantile Bank Corporation (MBWM) paid $1.56 in dividends per share over the trailing twelve months. The 5-year dividend CAGR is +6.02%.
This step chart displays the nominal dividend payouts over time by ex-dividend date, matching the distribution frequency (typically quarterly or semi-annually).
Reported quarterly values; no daily interpolation.
| Ex-Dividend Date | Nominal Dividend / Share | Distribution Change |
|---|---|---|
| Sep 4, 2026 | $0.40 | +2.56% Hike |
| Jun 5, 2026 | $0.39 | N/A |
| Mar 6, 2026 | $0.39 | +2.63% Hike |
| Dec 5, 2025 | $0.38 | N/A |
| Sep 5, 2025 | $0.38 | +2.70% Hike |
| Jun 6, 2025 | $0.37 | N/A |
| Mar 7, 2025 | $0.37 | +2.78% Hike |
| Dec 6, 2024 | $0.36 | N/A |
| Sep 6, 2024 | $0.36 | +2.86% Hike |
| Jun 7, 2024 | $0.35 | N/A |
| Feb 29, 2024 | $0.35 | +2.94% Hike |
| Nov 30, 2023 | $0.34 | N/A |
| Aug 31, 2023 | $0.34 | +3.03% Hike |
| Jun 1, 2023 | $0.33 | N/A |
| Mar 2, 2023 | $0.33 | +3.13% Hike |
| Dec 1, 2022 | $0.32 | N/A |
| Sep 1, 2022 | $0.32 | +3.23% Hike |
| Jun 2, 2022 | $0.31 | N/A |
| Mar 3, 2022 | $0.31 | +3.33% Hike |
| Dec 2, 2021 | $0.30 | N/A |
| Sep 2, 2021 | $0.30 | +3.45% Hike |
| Jun 3, 2021 | $0.29 | N/A |
| Mar 4, 2021 | $0.29 | +3.57% Hike |
| Dec 3, 2020 | $0.28 | N/A |
| Sep 3, 2020 | $0.28 | N/A |
| Jun 4, 2020 | $0.28 | N/A |
| Mar 5, 2020 | $0.28 | +3.70% Hike |
| Dec 5, 2019 | $0.27 | N/A |
| Sep 5, 2019 | $0.27 | +3.85% Hike |
| Jun 6, 2019 | $0.26 | N/A |
| Mar 7, 2019 | $0.26 | +8.33% Hike |
| Dec 6, 2018 | $1.00 | +316.67% Hike |
| Sep 6, 2018 | $0.24 | +9.09% Hike |
| Jun 7, 2018 | $0.22 | N/A |
| Mar 8, 2018 | $0.22 | +15.79% Hike |
| Dec 7, 2017 | $0.19 | N/A |
| Sep 7, 2017 | $0.19 | +5.56% Hike |
| Jun 7, 2017 | $0.18 | N/A |
| Mar 8, 2017 | $0.18 | +5.88% Hike |
| Dec 7, 2016 | $0.67 | +294.12% Hike |
| Sep 7, 2016 | $0.17 | +6.25% Hike |
| Jun 8, 2016 | $0.16 | N/A |
| Mar 9, 2016 | $0.16 | +6.67% Hike |
| Dec 9, 2015 | $0.15 | N/A |
| Sep 9, 2015 | $0.15 | +7.14% Hike |
| Jun 10, 2015 | $0.14 | N/A |
| Mar 11, 2015 | $0.14 | +16.67% Hike |
| Dec 10, 2014 | $0.12 | N/A |
| Sep 10, 2014 | $0.12 | N/A |
| Jun 11, 2014 | $0.12 | N/A |
| Mar 7, 2014 | $0.06 | N/A |
| Feb 6, 2014 | $0.12 | N/A |
| Dec 11, 2013 | $0.06 | N/A |
| Nov 6, 2013 | $0.12 | N/A |
| Sep 6, 2013 | $0.06 | N/A |
| Aug 7, 2013 | $0.12 | +9.09% Hike |
| Jun 7, 2013 | $0.06 | N/A |
| May 8, 2013 | $0.11 | +10.00% Hike |
| Mar 8, 2013 | $0.06 | -40.00% Cut |
| Feb 6, 2013 | $0.10 | +900.00% Hike |
| Dec 18, 2012 | $0.20 | +122.22% Hike |
| Nov 20, 2012 | $0.01 | N/A |
| Nov 7, 2012 | $0.09 | +800.00% Hike |
| Aug 22, 2012 | $0.01 | N/A |
| May 23, 2012 | $0.01 | N/A |
| Feb 22, 2012 | $0.06 | +500.00% Hike |
| Nov 22, 2011 | $0.01 | N/A |
| Aug 24, 2011 | $0.01 | N/A |
| May 25, 2011 | $0.01 | N/A |
| Feb 23, 2011 | $0.01 | N/A |
| Nov 23, 2010 | $0.01 | N/A |
| Aug 25, 2010 | $0.01 | N/A |
| May 26, 2010 | $0.01 | N/A |
| Feb 17, 2010 | $0.05 | -50.00% Cut |
| Feb 8, 2010 | $0.01 | N/A |
| Nov 24, 2009 | $0.10 | N/A |
| Nov 6, 2009 | $0.01 | N/A |
| Aug 26, 2009 | $0.10 | N/A |
| Aug 6, 2009 | $0.01 | N/A |
| May 20, 2009 | $0.10 | N/A |
| May 6, 2009 | $0.01 | -75.00% Cut |
| Mar 4, 2009 | $0.10 | -55.56% Cut |
| Feb 6, 2009 | $0.04 | N/A |
| Nov 19, 2008 | $0.23 | N/A |
| Nov 6, 2008 | $0.04 | N/A |
| Aug 20, 2008 | $0.23 | N/A |
| Aug 6, 2008 | $0.04 | -50.00% Cut |
| May 21, 2008 | $0.23 | N/A |
| May 7, 2008 | $0.08 | -46.67% Cut |
| Feb 20, 2008 | $0.23 | N/A |
| Feb 6, 2008 | $0.15 | +7.14% Hike |
| Nov 20, 2007 | $0.23 | N/A |
| Nov 7, 2007 | $0.14 | N/A |
| Aug 22, 2007 | $0.23 | N/A |
| Aug 8, 2007 | $0.14 | +5.00% Hike |
| May 23, 2007 | $0.23 | N/A |
| May 8, 2007 | $0.13 | N/A |
| Feb 21, 2007 | $0.23 | N/A |
| Feb 7, 2007 | $0.13 | +7.69% Hike |
| Nov 20, 2006 | $0.23 | N/A |
| Nov 8, 2006 | $0.12 | N/A |
| Aug 23, 2006 | $0.23 | N/A |
| Aug 8, 2006 | $0.12 | N/A |
| May 24, 2006 | $0.23 | +2.27% Hike |
| May 15, 2006 | $0.12 | +13.75% Hike |
| Feb 22, 2006 | $0.22 | N/A |
| Feb 8, 2006 | $0.11 | +9.09% Hike |
| Nov 21, 2005 | $0.22 | N/A |
| Nov 8, 2005 | $0.10 | N/A |
| Aug 24, 2005 | $0.22 | N/A |
| Aug 8, 2005 | $0.10 | +5.00% Hike |
| May 25, 2005 | $0.22 | +4.76% Hike |
| May 6, 2005 | $0.10 | +10.00% Hike |
| Feb 23, 2005 | $0.21 | N/A |
| Feb 8, 2005 | $0.09 | +11.11% Hike |
| Nov 22, 2004 | $0.21 | N/A |
| Nov 8, 2004 | $0.08 | N/A |
| Aug 25, 2004 | $0.21 | N/A |
| Aug 6, 2004 | $0.08 | N/A |
| May 26, 2004 | $0.21 | +5.00% Hike |
| May 6, 2004 | $0.08 | +5.00% Hike |
| Feb 25, 2004 | $0.20 | N/A |
| Feb 6, 2004 | $0.07 | +12.50% Hike |
| Nov 24, 2003 | $0.20 | N/A |
| Nov 6, 2003 | $0.07 | N/A |
| Aug 27, 2003 | $0.20 | N/A |
| Aug 7, 2003 | $0.07 | N/A |
| May 28, 2003 | $0.20 | +5.26% Hike |
| May 8, 2003 | $0.07 | N/A |
| Feb 26, 2003 | $0.19 | +174.96% Hike |
| Feb 6, 2003 | $0.07 | -4.75% Cut |
| Jan 15, 2003 | $0.07 | -63.63% Cut |
| Nov 25, 2002 | $0.19 | N/A |
| Aug 28, 2002 | $0.19 | N/A |
| May 30, 2002 | $0.19 | +5.56% Hike |
| Feb 27, 2002 | $0.18 | N/A |
| Nov 29, 2001 | $0.18 | N/A |
| Aug 29, 2001 | $0.18 | N/A |
| May 30, 2001 | $0.18 | +5.88% Hike |
| Feb 27, 2001 | $0.17 | N/A |
| Nov 29, 2000 | $0.17 | N/A |
| Aug 30, 2000 | $0.17 | N/A |
| May 30, 2000 | $0.17 | N/A |
| Feb 28, 2000 | $0.17 | +6.25% Hike |
| Nov 29, 1999 | $0.16 | N/A |
| Aug 30, 1999 | $0.16 | N/A |
| May 27, 1999 | $0.16 | N/A |
| Feb 25, 1999 | $0.16 | +10.34% Hike |
| Nov 27, 1998 | $0.14 | N/A |
| Sep 2, 1998 | $0.14 | N/A |
| Jun 2, 1998 | $0.14 | N/A |
| Mar 2, 1998 | $0.14 | +11.54% Hike |
| Nov 26, 1997 | $0.13 | N/A |
| Aug 28, 1997 | $0.13 | N/A |
| Jun 2, 1997 | $0.13 | +18.18% Hike |
| Mar 3, 1997 | $0.11 | N/A |
| Nov 18, 1996 | $0.11 | N/A |
| Aug 29, 1996 | $0.11 | N/A |
| May 31, 1996 | $0.11 | +22.22% Hike |
| Mar 1, 1996 | $0.09 | N/A |
| Nov 29, 1995 | $0.09 | N/A |
| Aug 31, 1995 | $0.09 | N/A |
| May 30, 1995 | $0.09 | +20.00% Hike |
| Feb 27, 1995 | $0.07 | N/A |
| Nov 28, 1994 | $0.07 | N/A |
| Aug 29, 1994 | $0.07 | N/A |
| May 31, 1994 | $0.07 | N/A |
| Mar 8, 1994 | $0.07 | N/A |
| Nov 23, 1993 | $0.07 | N/A |
