Mercantile Bank Corp (MBWM) Declares $2.00 Special Dividend; 9.6% Yield

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Mercantile Bank Corp (MBWM) Declares $0.12 Quarterly Dividend; 2.3% Yield

May 9, 2014 10:11 AM EDT

Mercantile Bank Corp (NASDAQ: MBWM) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on June 25, 2014, to stockholders of record on June 13, 2014, with an ex-dividend date of June 11, 2014.

The annual yield on the dividend is 2.3... More