Home/Tickers/MBWM Dividend History
■ Stock · 86 payments on record · since 2003
MBWM Dividend History
Mercantile Bank Corporation. Every per-share payment since 2003, split-adjusted, with annual totals, growth rates and the next estimated payment.
Data updated Jul 21, 2026
Payment by payment
Dividend per share at each ex-dividend date, split-adjusted. Hover for exact amounts.
Annual totals & growth
2026 shown in gray: year in progress.
| Year | Total / share | Growth |
|---|---|---|
| 2026 (YTD) | $0.7800 | |
| 2025 | $1.5000 | +5.6% |
| 2024 | $1.4200 | +6.0% |
| 2023 | $1.3400 | +6.3% |
| 2022 | $1.2600 | +6.8% |
| 2021 | $1.1800 | +5.4% |
| 2020 | $1.1200 | +5.7% |
| 2019 | $1.0600 | -36.9% |
| 2018 | $1.6800 | +127.0% |
| 2017 | $0.7400 | -36.2% |
| 2016 | $1.1600 | +100.0% |
| 2015 | $0.5800 | -76.6% |
| 2014 | $2.4800 | +451.1% |
| 2013 | $0.4500 | +400.0% |
| 2012 | $0.0900 | |
| 2010 | $0.0100 | -85.7% |
| 2009 | $0.0700 | -77.4% |
| 2008 | $0.3100 | -44.0% |
| 2007 | $0.5533 | +15.2% |
| 2006 | $0.4803 | +26.1% |
| 2005 | $0.3810 | +24.0% |
| 2004 | $0.3073 | -7.5% |
| 2003 | $0.3324 |
Complete payment record
| # | Ex-dividend date | Amount / share | vs prior |
|---|---|---|---|
| 86 | Jun 5, 2026 | $0.3900 | 0.0% |
| 85 | Mar 6, 2026 | $0.3900 | +2.6% |
| 84 | Dec 5, 2025 | $0.3800 | 0.0% |
| 83 | Sep 5, 2025 | $0.3800 | +2.7% |
| 82 | Jun 6, 2025 | $0.3700 | 0.0% |
| 81 | Mar 7, 2025 | $0.3700 | +2.8% |
| 80 | Dec 6, 2024 | $0.3600 | 0.0% |
| 79 | Sep 6, 2024 | $0.3600 | +2.9% |
| 78 | Jun 7, 2024 | $0.3500 | 0.0% |
| 77 | Feb 29, 2024 | $0.3500 | +2.9% |
| 76 | Nov 30, 2023 | $0.3400 | 0.0% |
| 75 | Aug 31, 2023 | $0.3400 | +3.0% |
| 74 | Jun 1, 2023 | $0.3300 | 0.0% |
| 73 | Mar 2, 2023 | $0.3300 | +3.1% |
| 72 | Dec 1, 2022 | $0.3200 | 0.0% |
| 71 | Sep 1, 2022 | $0.3200 | +3.2% |
| 70 | Jun 2, 2022 | $0.3100 | 0.0% |
| 69 | Mar 3, 2022 | $0.3100 | +3.3% |
| 68 | Dec 2, 2021 | $0.3000 | 0.0% |
| 67 | Sep 2, 2021 | $0.3000 | +3.4% |
| 66 | Jun 3, 2021 | $0.2900 | 0.0% |
| 65 | Mar 4, 2021 | $0.2900 | +3.6% |
| 64 | Dec 3, 2020 | $0.2800 | 0.0% |
| 63 | Sep 3, 2020 | $0.2800 | 0.0% |
| 62 | Jun 4, 2020 | $0.2800 | 0.0% |
| 61 | Mar 5, 2020 | $0.2800 | +3.7% |
| 60 | Dec 5, 2019 | $0.2700 | 0.0% |
| 59 | Sep 5, 2019 | $0.2700 | +3.8% |
| 58 | Jun 6, 2019 | $0.2600 | 0.0% |
| 57 | Mar 7, 2019 | $0.2600 | -74.0% |
| 56 | Dec 6, 2018 | $1.0000 | +316.7% |
| 55 | Sep 6, 2018 | $0.2400 | +9.1% |
| 54 | Jun 7, 2018 | $0.2200 | 0.0% |
| 53 | Mar 8, 2018 | $0.2200 | +15.8% |
| 52 | Dec 7, 2017 | $0.1900 | 0.0% |
| 51 | Sep 7, 2017 | $0.1900 | +5.6% |
| 50 | Jun 7, 2017 | $0.1800 | 0.0% |
| 49 | Mar 8, 2017 | $0.1800 | -73.1% |
| 48 | Dec 7, 2016 | $0.6700 | +294.1% |
| 47 | Sep 7, 2016 | $0.1700 | +6.3% |
| 46 | Jun 8, 2016 | $0.1600 | 0.0% |
| 45 | Mar 9, 2016 | $0.1600 | +6.7% |
| 44 | Dec 9, 2015 | $0.1500 | 0.0% |
| 43 | Sep 9, 2015 | $0.1500 | +7.1% |
| 42 | Jun 10, 2015 | $0.1400 | 0.0% |
| 41 | Mar 11, 2015 | $0.1400 | +16.7% |
| 40 | Dec 10, 2014 | $0.1200 | 0.0% |
| 39 | Sep 10, 2014 | $0.1200 | 0.0% |
| 38 | Jun 11, 2014 | $0.1200 | -94.0% |
| 37 | May 20, 2014 | $2.0000 | +1,566.7% |
| 36 | Feb 6, 2014 | $0.1200 | 0.0% |
| 35 | Nov 6, 2013 | $0.1200 | 0.0% |
| 34 | Aug 7, 2013 | $0.1200 | +9.1% |
| 33 | May 8, 2013 | $0.1100 | +10.0% |
| 32 | Feb 6, 2013 | $0.1000 | +11.1% |
| 31 | Nov 7, 2012 | $0.0900 | +800.0% |
| 30 | Feb 8, 2010 | $0.0100 | 0.0% |
| 29 | Nov 6, 2009 | $0.0100 | 0.0% |
| 28 | Aug 6, 2009 | $0.0100 | 0.0% |
| 27 | May 6, 2009 | $0.0100 | -75.0% |
| 26 | Feb 6, 2009 | $0.0400 | 0.0% |
| 25 | Nov 6, 2008 | $0.0400 | 0.0% |
| 24 | Aug 6, 2008 | $0.0400 | -50.0% |
| 23 | May 7, 2008 | $0.0800 | -46.7% |
| 22 | Feb 6, 2008 | $0.1500 | +7.1% |
| 21 | Nov 7, 2007 | $0.1400 | 0.0% |
| 20 | Aug 8, 2007 | $0.1400 | 0.0% |
| 19 | May 8, 2007 | $0.1400 | +5.0% |
| 18 | Feb 7, 2007 | $0.1333 | +7.7% |
| 17 | Nov 8, 2006 | $0.1238 | 0.0% |
| 16 | Aug 8, 2006 | $0.1238 | 0.0% |
| 15 | May 15, 2006 | $0.1238 | +13.7% |
| 14 | Feb 8, 2006 | $0.1088 | +9.1% |
| 13 | Nov 8, 2005 | $0.0998 | 0.0% |
| 12 | Aug 8, 2005 | $0.0998 | +5.0% |
| 11 | May 6, 2005 | $0.0950 | +10.0% |
| 10 | Feb 8, 2005 | $0.0864 | +11.1% |
| 9 | Nov 8, 2004 | $0.0777 | 0.0% |
| 8 | Aug 6, 2004 | $0.0777 | 0.0% |
| 7 | May 6, 2004 | $0.0777 | +5.0% |
| 6 | Feb 6, 2004 | $0.0740 | +12.5% |
| 5 | Nov 6, 2003 | $0.0658 | 0.0% |
| 4 | Aug 7, 2003 | $0.0658 | 0.0% |
| 3 | May 8, 2003 | $0.0658 | 0.0% |
| 2 | Feb 6, 2003 | $0.0658 | -4.8% |
| 1 | Jan 15, 2003 | $0.0691 |
86 payments · source: consolidated market data, split-adjusted · refreshed daily.
MBWM dividend FAQ
How often does MBWM pay dividends?
MBWM pays dividends on a quarterly schedule, 4 times per year. The most recent payment was $0.3900 per share with ex-dividend date Jun 5, 2026.
When is the next MBWM dividend payment?
Based on the historical pattern, the next ex-dividend date is estimated around Sep 4, 2026. Fund sponsors declare the official date shortly before payment; treat this as an estimate.
Has MBWM ever cut its dividend?
The complete record above shows every per-share payment since 2003. The annual payout has increased for 6 consecutive years in our data.
What is the MBWM dividend yield right now?
Over the trailing twelve months MBWM paid $1.54 per share. At the current price of $58.51 that is a 2.63% TTM yield.
Are these amounts adjusted for splits?
Yes. Historical amounts come from split-adjusted market data, so per-share figures are directly comparable across the entire history.