Dividends CAGR uses the stored dividend-per-share history.
Over longer horizons, Dividends CAGR averages 5.98% over 3 years and 6.02% over 5 years; the trailing 12 months came in at +5.64%. Dividends CAGR shows the annualized change in the company's dividend payments per share over the selected period.
Mercantile Bank Corporation (MBWM)
Reported quarterly values; no daily interpolation.
| Year | Start Dividend/Share | End Dividend/Share | Change | % Change |
|---|---|---|---|---|
| 2025 | $1.42 | $1.5 | +$0.08 | +5.63% |
| 2024 | $1.34 | $1.42 | +$0.08 | +5.97% |
| 2023 | $1.26 | $1.34 | +$0.08 | +6.35% |
| 2022 | $1.18 | $1.26 | +$0.08 | +6.78% |
| 2021 | $1.12 | $1.18 | +$0.06 | +5.36% |
| 2020 | $1.06 | $1.12 | +$0.06 | +5.66% |
| 2019 | $1.68 | $1.06 | −$0.62 | -36.90% |
| 2018 | $0.74 | $1.68 | +$0.94 | +127.03% |
| 2017 | $1.16 | $0.74 | −$0.42 | -36.21% |
| 2016 | $0.58 | $1.16 | +$0.58 | +100.00% |
| 2015 | $0.54 | $0.58 | +$0.04 | +7.41% |
| 2014 | $0.69 | $0.54 | −$0.15 | -21.74% |
| 2013 | $0.38 | $0.69 | +$0.31 | +81.58% |
| 2012 | $0.04 | $0.38 | +$0.34 | +850.00% |
| 2011 | $0.09 | $0.04 | −$0.05 | -55.56% |
| 2010 | $0.47 | $0.09 | −$0.38 | -80.85% |
| 2009 | $1.21 | $0.47 | −$0.74 | -61.16% |
| 2008 | $1.45 | $1.21 | −$0.24 | -16.36% |
| 2007 | $1.38 | $1.45 | +$0.07 | +5.19% |
| 2006 | $1.25 | $1.38 | +$0.12 | +9.94% |
| 2005 | $1.14 | $1.25 | +$0.11 | +10.00% |
| 2004 | $1.12 | $1.14 | +$0.01 | +1.33% |
| 2003 | $0.75 | $1.12 | +$0.37 | +49.65% |
| 2002 | $0.71 | $0.75 | +$0.04 | +5.63% |
| 2001 | $0.68 | $0.71 | +$0.03 | +4.41% |
| 2000 | $0.64 | $0.68 | +$0.04 | +6.25% |
| 1999 | $0.58 | $0.64 | +$0.06 | +10.34% |
| 1998 | $0.5 | $0.58 | +$0.08 | +16.00% |
| 1997 | $0.42 | $0.5 | +$0.08 | +19.05% |
| 1996 | $0.35 | $0.42 | +$0.08 | +21.74% |
| 1995 | $0.3 | $0.35 | +$0.05 | +15.00% |
| 1994 | $0.08 | $0.3 | +$0.22 | +300.00% |
