Mercantile Bank (MBWM) Declares $0.26 Quarterly Dividend; 3.1% Yield

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Go back to Mercantile Bank (MBWM) Declares $0.26 Quarterly Dividend; 3.1% Yield

Mercantile Bank Corporation Declares Regular Cash Dividend

April 16, 2019 6:00 AM EDT

GRAND RAPIDS, Mich., April 16, 2019 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 11, 2019, its Board of Directors declared a regular quarterly cash dividend of $0.26 per common share, payable on June 19, 2019, to holders of record as of June 7, 2019.

"We are pleased that our continuing robust financial results permitted us to yet again provide shareholders with a competitive dividend yield," said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile.  "As evidenced by the ongoing cash dividend program, the Board of Directors and executive management team... More