Mercantile Bank (MBWM) Declares $0.19 Quarterly Dividend; 2.2% Yield

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Mercantile Bank Corporation Declares Cash Dividend

October 17, 2017 6:00 AM EDT

GRAND RAPIDS, Mich., Oct. 17, 2017 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 12, 2017, its Board of Directors declared a regular quarterly cash dividend of $0.19 per common share, payable on December 20, 2017 to holders of record as of December 8, 2017.

"The ongoing cash dividend program reflects the Board of Directors' and executive management team's belief that our demonstrated financial strength will persist in future periods," said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile.  "We are very pleased... More