Mercantile Bank (MBWM) Declares $0.29 Quarterly Dividend; 3.6% Yield
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Mercantile Bank Corporation Declares Regular Cash Dividend
April 20, 2021 6:00 AM EDTGRAND RAPIDS, Mich., April 20, 2021 /PRNewswire/ --Â Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 15, 2021, its Board of Directors declared a regular quarterly cash dividend of $0.29 per common share, payable on June 16, 2021, to holders of record as of June 4, 2021.
"The declaration of the second quarter cash dividend reflects our ongoing commitment to building shareholder value through meaningful cash returns," said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile. "Our position of financial strength at the onset of the COVID-19 pandemic and subsequent strong operating... More
