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

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

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

May 9, 2014 10:06 AM EDT

Mercantile Bank Corp (NASDAQ: MBWM) declared a special dividend of $2.00 per share.

The dividend will be payable on May 29, 2014, to stockholders of record on May 22, 2014.

The annual yield on the dividend is 9.6 percent.

"After many months of diligent effort, we... More