Mercantile Bank (MBWM) Declares $0.30 Quarterly Dividend; 3.6% Yield

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Mercantile Bank Corporation Declares Regular Cash Dividend

October 19, 2021 5:00 AM EDT

GRAND RAPIDS, Mich., Oct. 19, 2021 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 14, 2021, its Board of Directors declared a regular quarterly cash dividend of $0.30 per common share, payable on December 15, 2021, to holders of record as of December 3, 2021.

"As evidenced by the declaration of the fourth quarter cash dividend, we remain committed to providing shareholders with meaningful cash returns," said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile.  "Our sustained financial strength during the ongoing COVID-19 pandemic has enabled us to continue our regular cash... More