Mercantile Bank (MBWM) Reports In-Line Q2 EPS

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Mercantile Bank (MBWM) Raises Quarterly Dividend 7.1% to $0.15; 2.9% Yield

July 21, 2015 6:12 AM EDT

Mercantile Bank (NASDAQ: MBWM) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. This is a 7.1% increase from the prior dividend of $0.14.

The dividend will be payable on September 23, 2015, to stockholders of record on September 11, 2015, with an ex-dividend date of September 9,... More