Mercantile Bank (MBWM) Raises Quarterly Dividend 5.6% to $0.19; 2.4% Yield

Mercantile Bank (NASDAQ: MBWM) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. This is a 5.6% increase from the prior dividend of $0.18.

The dividend will be payable on September 20, 2017, to stockholders of record on September 8, 2017, with an ex-dividend date of September 6, 2017.

The annual yield on the dividend is 2.4 percent.

For a dividend history and other dividend-related data on Mercantile Bank (MBWM) click here.

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