Mercantile Bank (MBWM) Declares $0.33 Quarterly Dividend; 4.5% Yield

Mercantile Bank (NASDAQ: MBWM) declared a quarterly dividend of $0.33 per share, or $1.32 annualized.

The dividend will be payable on June 14, 2023, to stockholders of record on June 2, 2023, with an ex-dividend date of June 1, 2023.

The annual yield on the dividend is 4.5 percent.

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

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