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MBWM Dividend Calculator

Mercantile Bank Corporation. Project income and DRIP growth with MBWM’s real price, payout and historical growth rate, refreshed daily.

Data updated Jul 21, 2026

Price$58.51+90.46% today
TTM Yield2.63%$1.54 / share / yr
Last payment$0.3900Jun 5, 2026
FrequencyQuarterly4 payments / yr
5-yr Div CAGR6.0%6 yrs of increases
Next paymentSep 4estimated · details
Inputs
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yrs
%/yr
%/yr
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%/yr
Reinvest dividends (DRIP)Buy more shares with every payout
Dividend taxFlat rate on each payout
Adjust for inflationShow result in today’s dollars
Projection updates live
Income at start on your initial investment, before growth
$0daily
$0weekly
$0monthly
$0yearly
Portfolio value $0
Annual dividend income$0
Monthly income$0
Total invested$0
Total dividends collected$0
Yield on cost0%
Shares owned0
DRIP advantage$0
Year by year
YearSharesDiv / ShareDividendsCumulativeInvestedPortfolioYOC

Hypothetical projection with constant growth rates. Dividends shown net of the tax setting. Not a prediction.

01

Recent MBWM payments

Full history since 2003 →
Ex-dividend dateAmount / shareChange
Jun 5, 2026 $0.3900 0.0%
Mar 6, 2026 $0.3900 +2.6%
Dec 5, 2025 $0.3800 0.0%
Sep 5, 2025 $0.3800 +2.7%
Jun 6, 2025 $0.3700 0.0%
Mar 7, 2025 $0.3700 +2.8%
Dec 6, 2024 $0.3600 0.0%
Sep 6, 2024 $0.3600

More MBWM data

Quick fact: $10,000 in MBWM currently generates about $21.93/month ($263/year) before taxes.
02

MBWM dividend FAQ

How much does MBWM pay in dividends?

MBWM currently pays $0.3900 per share per payment on a quarterly schedule. Over the trailing twelve months it has paid $1.54 per share, a yield of 2.63% at the current price of $58.51.

How much income would $10,000 in MBWM generate?

At the current TTM rate, a $10,000 position in MBWM would generate approximately $263 per year, or about $21.93 per month before taxes. Use the calculator above to model reinvestment and growth.

When is the next MBWM dividend?

Based on its historical quarterly payment pattern, the next MBWM ex-dividend date is estimated around Sep 4, 2026. This is an estimate until officially declared. See the MBWM ex-dividend date page for the payment timeline.

Is MBWM dividend growing?

Yes. The MBWM dividend has grown at a 6.02% compound annual rate over the past 5 years, with 6 consecutive years of increases in our data. The calculator pre-fills this rate in the dividend growth field.

What is a realistic dividend growth rate for the projection?

The best anchor is the ticker's own history: 5.98% over 3 years, 6.02% over 5 years, 9.97% over 10 years. High current yields usually come with lower growth, and vice versa.