MBWM Dividend History & Analysis | 100% Free Data

Track MBWM's dividend history, current yield, annual dividend growth rate, payout history and peer comparison. No paywalls !

Yield 12m 3.44%
Dividends per Share 12m 1.44
Dividend Growth Rate 5y 4.86%
Overall Dividend Rating 67.92%
Yield on Cost 5y 7.97%
Payout Ratio 29.1%
Payout Frequency 12m 4
Payout Consistency 83.3%
Total Return 12m: 22.02%
#79 in Group
Total Return 5y: 123.05%
#40 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Regional Banks

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
MBWM 626m 3.44% 7.97%
VLK 2,103m 13.8% 83.2%
BBAR 3,681m 8.94% 68.8%
BNP 84,196m 14.0% 47.0%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
MBWM 626m 4.86% 29.1%
SPL 13,548m 113% 87.5%
BHW 3,578m 74.6% 105%
EQB 2,568m 76.2% 11.4%

Similar Stocks with Attractive Dividends

BNP
BNP Paribas
13.95% Yield
PCB
PCB Bancorp
4.99% Yield
SWED-A
Swedbank (publ)
10.34% Yield
PEO
Bank Polska Kasa
11.54% Yield
BHW
Bank Handlowy w
10.77% Yield
BG
BAWAG
6.93% Yield

MBWM Dividend History: Last 40 Payments (USD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-03-07 2025-03-07 2025-03-19 Quarterly 0.37 2.8% 0.81%
2024-12-06 2024-12-06 2024-12-18 Quarterly 0.36 0.71%
2024-09-06 2024-09-06 2024-09-18 Quarterly 0.36 2.9% 0.82%
2024-06-07 2024-06-07 2024-06-19 Quarterly 0.35 0.96%
2024-02-29 2024-03-01 2024-03-13 Quarterly 0.35 2.9% 0.95%
2023-11-30 2023-12-01 2023-12-13 Quarterly 0.34 0.97%
2023-08-31 2023-09-01 2023-09-13 Quarterly 0.34 3% 1.02%
2023-06-01 2023-06-02 2023-06-14 Quarterly 0.33 1.27%
2023-03-02 2023-03-03 2023-03-15 Quarterly 0.33 3.1% 0.96%
2022-12-01 2022-12-02 2022-12-14 Quarterly 0.32 0.92%
2022-09-01 2022-09-02 2022-09-14 Quarterly 0.32 3.2% 0.98%
2022-06-02 2022-06-03 2022-06-15 Quarterly 0.31 0.95%
2022-03-03 2022-03-04 2022-03-16 Quarterly 0.31 3.3% 0.82%
2021-12-02 2021-12-03 2021-12-15 Quarterly 0.3 0.89%
2021-09-02 2021-09-03 2021-09-15 Quarterly 0.3 3.4% 0.96%
2021-06-03 2021-06-04 2021-06-16 Quarterly 0.29 0.91%
2021-03-04 2021-03-05 2021-03-17 Quarterly 0.29 3.6% 0.95%
2020-12-03 2020-12-04 2020-12-16 Quarterly 0.28 1.1%
2020-09-03 2020-09-04 2020-09-16 Quarterly 0.28 1.29%
2020-06-04 2020-06-05 2020-06-17 Quarterly 0.28 1.22%
2020-03-05 2020-03-06 2020-03-18 Quarterly 0.28 3.7%
2019-12-05 2019-12-06 2019-12-18 Quarterly 0.27
2019-09-05 2019-09-06 2019-09-18 Quarterly 0.27 3.8%
2019-06-06 2019-06-07 2019-06-19 Quarterly 0.26
2019-03-07 2019-03-08 2019-03-20 Quarterly 0.26 -74%
2018-12-06 2018-12-07 2018-12-19 Quarterly 1 316.7%
2018-09-06 2018-09-07 2018-09-19 Quarterly 0.24 9.1%
2018-06-07 2018-06-08 2018-06-20 Quarterly 0.22
2018-03-08 2018-03-09 2018-03-21 Quarterly 0.22 15.8%
2017-12-07 2017-12-08 2017-12-20 Quarterly 0.19
2017-09-07 2017-09-08 2017-09-20 Quarterly 0.19 5.6%
2017-06-07 2017-06-09 2017-06-21 Quarterly 0.18
2017-03-08 2017-03-10 2017-03-22 Quarterly 0.18 -73.1%
2016-12-07 2016-12-09 2016-12-21 Quarterly 0.67 294.1%
2016-09-07 2016-09-09 2016-09-21 Quarterly 0.17 6.3%
2016-06-08 2016-06-10 2016-06-23 Quarterly 0.16
2016-03-09 2016-03-11 2016-03-23 Quarterly 0.16 6.7%
2015-12-09 2015-12-11 2015-12-23 Quarterly 0.15
2015-09-09 2015-09-11 2015-09-23 Quarterly 0.15 7.1%
2015-06-10 2015-06-12 2015-06-24 Quarterly 0.14

MBWM Dividend FAQ

Does MBWM pay dividends?

Yes, as of April 2025, MBWM paid a dividend of 1.44 USD in the last 12 months. The last dividend was paid on 2025-03-07.

What is the Dividend Yield of MBWM?

As of April 2025, MBWM`s dividend yield is 3.44%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.44 USD by the current share price of 40.31.

How often does MBWM pay dividends?

MBWM pays dividends quarterly. Over the last 12 months (TTM), MBWM has issued 4 dividend payments.

What is the next Ex-Dividend Date for MBWM?

The next ex-dividend date for Mercantile Bank (MBWM) is unknown.

What is the Dividend Growth of MBWM?

MBWM's average dividend growth rate over the past 5 years is 4.86% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of MBWM?

MBWM's 5-Year Yield on Cost is 7.97%. This represents the effective dividend yield for an investor who bought Mercantile Bank five years ago. It is calculated as the sum of all trailing 12-month dividends (1.44) divided by the purchase price five years ago (18.07):

What is the Payout Consistency of MBWM?

MBWM Payout Consistency is 83.3%.
Moderately consistent: Mercantile Bank has a good track record of consistent dividend payments.

Does MBWM have a good Dividend Yield?

MBWM`s 3.44% Dividend Yield is considered as moderate.

What is the Dividend Payout Ratio of MBWM?

The Dividend Payout Ratio of MBWM is 29.1%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of MBWM?

MBWM`s Overall Dividend Rating is 67.92%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

MBWM Outstanding Shares Analysis

What is the Trend in MBWM`s Outstanding Shares?

Mercantile Bank`s outstanding shares have decreased by approximately -0.18% annually over the past 5 years (Correlation: 0.0%), positively influencing stock price.

Has Mercantile Bank ever had a Stock Split?

Yes, last Stock Split was on 2007-04-19 with a factor of 105:100. This stock split increased the number of shares and lowered the price per share by a ratio of 1.05.
Year Number of Shares Annual Growth Rate
1998 3,510,000
1999 3,479,100 -0.88%
2000 3,586,200 +3.08%
2001 6,570,500 +83.22%
2002 6,579,000 +0.13%
2003 8,701,800 +32.27%
2004 8,342,200 -4.13%
2005 8,791,500 +5.39%
2006 8,858,700 +0.76%
2007 8,465,100 -4.44%
2008 8,481,000 +0.19%
2009 8,501,700 +0.24%
2010 8,599,200 +1.15%
2011 8,605,500 +0.07%
2012 8,674,300 +0.8%
2013 8,735,100 +0.7%
2014 16,989,500 +94.5%
2015 16,352,200 -3.75%
2016 16,374,100 +0.13%
2017 16,536,200 +0.99%
2018 16,600,100 +0.39%
2019 16,375,700 -1.35%
2020 16,279,200 -0.59%
2021 15,696,500 -3.58%
2022 15,888,000 +1.22%
2023 16,044,200 +0.98%
2024 16,130,700 +0.54%