Mercantile Bank (MBWM) Raises Quarterly Dividend 3.2% to $0.32; 4% Yield
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Mercantile Bank Corporation Increases Regular Cash Dividend
July 19, 2022 6:00 AM EDTBoard declares $0.32 regular quarterly cash dividend on common stock resulting in a current annual yield of approximately 4.0 percent
GRAND RAPIDS, Mich., July 19, 2022 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 14, 2022, its Board of Directors declared a regular quarterly cash dividend of $0.32 per common share, payable on September 14, 2022, to holders of record as of September 2, 2022. The $0.32 cash dividend represents an increase of 3.2 percent from the $0.31 regular cash dividend paid... More
