Mercantile Bank (MBWM) Declares $0.18 Quarterly Dividend; 2.2% Yield

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Mercantile Bank Corporation Declares Second Quarter Cash Dividend

April 18, 2017 6:00 AM EDT

GRAND RAPIDS, Mich., April 18, 2017 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 13, 2017, its Board of Directors declared a regular quarterly cash dividend of $0.18 per common share, payable on June 21, 2017 to holders of record as of June 9, 2017.

"Our ongoing commitment to deliver a meaningful return to shareholders and the confidence of our Board of Directors and executive management team in Mercantile's future are reflected in the sustained cash dividend program," said Robert B. Kaminski, Jr., President and Chief Executive Officer of... More