Mercantile Bank (MBWM) Declares $0.31 Quarterly Dividend; 3.3% Yield

January 18, 2022 6:01 AM EST

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Mercantile Bank (NASDAQ: MBWM) declared a quarterly dividend of $0.31 per share, or $1.24 annualized.

The dividend will be payable on March 16, 2022, to stockholders of record on March 4, 2022, with an ex-dividend date of March 3, 2022.

The annual yield on the dividend is 3.3 percent.

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

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