Due to increase in earnings per share in the second quarter 2026, Mercantile Bank's 12 Months dividend pay out ratio sequentially decreased to 27.07% in the second quarter 2026, unsurprisingly, as the Mercantile Bank earnings continue to rise, and the pay out ratio remains below MBWM's average, the question arises, if Mercantile Bank will increase the dividend soon.

Within Financial sector 376 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 339 in the first quarter 2026, to 951.

Dividend in Glossary

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Back to MBWM Dividend Comparisons >> See also MBWM's dividend growth by quarter >> See also MBWM's eps growth

Cumulative Dividend Pay out Ratio	II. Quarter (Jun 30 2026)	I. Quarter (Mar 31 2026)	IV. Quarter (Dec 31 2025)	III. Quarter (Sep 30 2025)	II. Quarter (Jun 30 2025)
MBWM's Pay out Ratio (TTM)	27.07 %	27.24 %	27.42 %	27.65 %	28.57 %
MBWM's Dividend Pay out Ratio Total Ranking	# 951	# 339	# 793	# 778	# 881

News about Mercantile Bank Corporation Dividends

Mercantile Bank Corporation Declares $0.34 Quarterly Cash Dividend, Yielding 4.4%, Providing Stability to Shareholders Amidst Recent Market Challenges

In a move that aims to provide stability and reassurance to its valued shareholders, Mercantile Bank Corporation announced the declaration of a regular quarterly cash dividend of $0.34 on its common stock. The dividend yield of approximately 4.4% presents an attractive investment opportunity for shareholders, especially against the backdrop of recent market uncertainties.
The decision by the board of directors to declare this dividend reflects the company's commitment to rewarding its shareholders while demonstrating confidence in the future prospects of Mercantile Bank Corporation. Shareholders can derive considerable benefits from this dividend payout, as it not only offers a steady income stream but also enhances the overall value of their investment.

MBWM's Dividend Pay out Ratio Company Ranking
Within:	No.
Regional Banks Industry	# 101
Financial Sector	# 377
S&P 500	# 951

Dividend Pay out Ratio Statistics
High	Average	Low
187.82 %	38.26 %	0.15 %
(Mar 31 2015)		(Dec 31 2015)

Other Dividend Ratios
Highest Ranking Dividend Yield
Lowest Ranking Dividend Yield
Annual Dividend Pay out for MBWM
MBWM's Dividend Yield

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