Mercantile Bank (MBWM) Declares $0.14 Quarterly Dividend; 2.8% Yield

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Go back to Mercantile Bank (MBWM) Declares $0.14 Quarterly Dividend; 2.8% Yield

Mercantile Bank Corporation Declares Dividend

April 21, 2015 5:59 AM EDT

GRAND RAPIDS, Mich., April 21, 2015 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ:  MBWM) ("Mercantile") announced today that on April 16, 2015 its Board of Directors declared a regular quarterly cash dividend of $0.14 per common share, payable June 24, 2015 to holders of record as of June 12, 2015.

"We are pleased that our robust capital position and strong earnings performance have afforded us the ability to consistently pay quarterly cash dividends on our common stock," said Michael Price, President and Chief Executive Officer of Mercantile.  "The sustained cash dividend program reflects the confidence of our Board of Directors and management team in... More