MBWM Dividend Calculator
Mercantile Bank Corp (MBWM) currently yields 2.66% and paid $1.54 per share in dividends over the last 12 months, distributed quarterly, with 5 consecutive years of maintained or increased payouts. Data updated 2026-07-07.
Last Close
$57.93
Dividend Yield
2.66%
12-Mo Dividend / Share
$1.54
5-Yr Div Growth / Yr
+6.2%
Raise Streak
5 yrs
Next Ex-Date
TBD
Project Future Income from MBWM
Portfolio Value
$106,511
Year 10
Monthly Dividends
$268
Year 10
Total Invested
$70,000
Year 10
Portfolio Value & Annual Dividends — MBWM
Projected Income from MBWM
| Year | Invested | Annual Div. | Monthly | Shares | Value |
|---|---|---|---|---|---|
| 1 | $16,000 | $425 | $35 | 283.5 | $16,425 |
| 2 | $22,000 | $626 | $52 | 393.2 | $23,764 |
| 3 | $28,000 | $848 | $71 | 501.7 | $31,644 |
| 4 | $34,000 | $1,094 | $91 | 609.5 | $40,111 |
| 5 | $40,000 | $1,365 | $114 | 716.8 | $49,217 |
| 6 | $46,000 | $1,665 | $139 | 823.8 | $59,018 |
| 7 | $52,000 | $1,997 | $166 | 930.8 | $69,577 |
| 8 | $58,000 | $2,364 | $197 | 1038.0 | $80,961 |
| 9 | $64,000 | $2,770 | $231 | 1145.8 | $93,245 |
| 10 | $70,000 | $3,219 | $268 | 1254.4 | $106,511 |
MBWM Dividend Per Share by Year
MBWM Dividend Payment History
Updated 2026-07-07
| Ex-Dividend Date | Pay Date | Amount / Share |
|---|---|---|
| 2026-06-05 | 2026-06-17 | $0.39 |
| 2026-03-06 | 2026-03-18 | $0.39 |
| 2025-12-05 | 2025-12-17 | $0.38 |
| 2025-09-05 | 2025-09-17 | $0.38 |
| 2025-06-06 | 2025-06-18 | $0.37 |
| 2025-03-07 | 2025-03-19 | $0.37 |
| 2024-12-06 | 2024-12-18 | $0.36 |
| 2024-09-06 | 2024-09-18 | $0.36 |
| 2024-06-07 | 2024-06-19 | $0.35 |
| 2024-02-29 | 2024-03-13 | $0.35 |
| 2023-11-30 | 2023-12-13 | $0.34 |
| 2023-08-31 | 2023-09-13 | $0.34 |
| 2023-06-01 | 2023-06-14 | $0.33 |
| 2023-03-02 | 2023-03-15 | $0.33 |
| 2022-12-01 | 2022-12-14 | $0.32 |
| 2022-09-01 | 2022-09-14 | $0.32 |
| 2022-06-02 | 2022-06-15 | $0.31 |
| 2022-03-03 | 2022-03-16 | $0.31 |
| 2021-12-02 | 2021-12-15 | $0.30 |
| 2021-09-02 | 2021-09-15 | $0.30 |
| 2021-06-03 | 2021-06-16 | $0.29 |
| 2021-03-04 | 2021-03-17 | $0.29 |
| 2020-12-03 | 2020-12-16 | $0.28 |
| 2020-09-03 | 2020-09-16 | $0.28 |
MBWM Dividend FAQ
How much does MBWM pay in dividends per share?
Mercantile Bank Corp paid $1.54 per share over the trailing 12 months on a quarterly schedule. Dividend amounts can change with each declaration — the full payment history is listed below.
How often does MBWM pay dividends?
MBWM pays dividends quarterly. Every historical ex-dividend date and amount is in the table below.
What is MBWM's dividend yield?
At the last close of $57.93, MBWM yields approximately 2.66% (trailing 12-month dividends divided by price). Yield moves inversely with price.
What is MBWM's dividend growth rate?
MBWM's dividend per share has compounded at 6.2% per year over the last 5 years (5.8% over 3 years). Past growth does not guarantee future increases.
How much MBWM do I need for $100 a month in dividends?
At the trailing payout of $1.54 per share per year, roughly 780 shares — about $45,185.40 at the current price. Use the calculator above to model your own target.
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