Mercantile Bank (MBWM) Tops Q1 EPS by 12c

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Go back to Mercantile Bank (MBWM) Tops Q1 EPS by 12c

Mercantile Bank (MBWM) Declares $0.16 Quarterly Dividend; Adds $15M to Stock Buyback Plan

April 19, 2016 6:06 AM EDT

Mercantile Bank (NASDAQ: MBWM) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.

The dividend will be payable on June 23, 2016, to stockholders of record on June 10, 2016, with an ex-dividend date of June 8, 2016.

The annual yield on the dividend is 2.9... More