MBWM: Mercantile Bank Corp Dividends

Annual and quarterly dividends for Mercantile Bank Corp (MBWM).

OverviewFinancials

MBWM Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$1.42

3.20%

5.97%

28.80%

3.47

2023

$1.34

3.30%

6.35%

26.12%

3.83

2022

$1.26

3.80%

6.78%

32.73%

3.06

2021

$1.18

3.40%

5.36%

31.98%

3.13

2020

$1.12

4.10%

-

41.33%

2.42