Mercantile Bank (MBWM) Raises Quarterly Dividend 3.4% to $0.30; 4.1% Yield

Mercantile Bank (NASDAQ: MBWM) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 3.4% increase from the prior dividend of $0.29.

The dividend will be payable on September 15, 2021, to stockholders of record on September 3, 2021, with an ex-dividend date of September 2, 2021.

The annual yield on the dividend is 4.1 percent.

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

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