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MBWM
Mercantile Bank Corp

  • STOCK
  • MBWM
  • PRICE AS OF: Jul 17, 04:00 PM EDT
  • $36.65 -$0.63 -1.7%
  • INDUSTRY
  • Regional - midwest banks

MBWM
Stock Dividend Data

DIVIDEND
YIELD
?
?

2.62%
Financial Average 3.05%

ANNUALIZED
PAYOUT
?

$0.96
Paid Quarterly

PAYOUT
RATIO
?

39.0%
EPS $2.46

DIVIDEND
GROWTH
?

5 yrs
Since 2013

MBWM
Daily Snapshot

PRICE

$36.65

QUOTE TIME

Jul 17, 04:00 PM

TODAY'S VOLUME

39,300

OPEN PRICE

$38.28

DAY'S RANGE

$36.37 - $38.28

PREVIOUS CLOSE

$37.28

52 WEEK LOW / HIGH

$28.92 - $38.47

PERCENT OFF 52 WEEK HIGH

-4.73%

MBWM
Upcoming Dividend Payouts

Next Ex-Dividend Date

Sep 06

Next Ex-Dividend Amount

$0.24

Dividend Shot Clock®

Sep 06, 2018
Sep 6, 2018

MBWM is not one of the stocks on the Best Dividend Capture List


Date has passed
Next Ex-Dividend Date
Next Pay Date
Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.2400 2018-07-12 2018-09-06 2018-09-07 2018-09-19 Regular
Click here to learn more about these dates.

MBWM
Stock Price Recovery History

Ex-Dividend Date Payout Amount Days Taken For Stock Price to Recover
2018-09-06 $0.2400
2018-06-07 $0.2200
2018-03-08 $0.2200
2017-12-07 $0.1900
2017-09-07 $0.1900
2017-06-07 $0.1800
2017-03-08 $0.1800
2016-12-07 $0.1700
2016-09-07 $0.1700
2016-03-09 $0.1600

MBWM
Dividend.com DARS Rating™ Breakdown for MBWM

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Metric MBWM Rank Financial Avg. Ranking Notes
Relative Strength Percent off 52-week high is considerably lower than Benchmark/Peers/Broader Market/Analyst Expectations.
Overall Yield Attractiveness Yield is at or slightly above the Benchmark/Peers/Broader Market/Analyst Expectations.
Dividend Reliability Payout ratio is healthy. Company leaves ample room for reinvesting its earnings to grow.
Dividend Uptrend P/E ratio is at par or slightly below the average of benchmark/peers/broader market/analyst expectation.
Earnings Growth Expected earnings growth is modest and is more representative of a top dividend stock.
DARS Rating

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MBWM
Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2017
Consecutive
Years of
Increases
15.5% 48.0% 5 years
Unlock Dividend Growth History

MBWM
Research

MBWM
Historical Annual Dividend Data & Growth

Payout Amount Calendar Year Annual Growth
2017
2016
Unlock Historical Annual Dividend Data & Growth

Brought to You by Mitre Media

MBWM
Dividend History

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.2400 2018-07-12 2018-09-06 2018-09-07 2018-09-19 Yes Regular Quarter
$0.2200 2018-04-12 2018-06-07 2018-06-08 2018-06-20 Yes Regular Quarter
$0.2200 2018-01-11 2018-03-08 2018-03-09 2018-03-21 Yes Regular Quarter
$0.1900 2017-10-17 2017-12-07 2017-12-08 2017-12-20 Yes Regular Quarter
$0.1900 2017-07-13 2017-09-07 2017-09-08 2017-09-20 Yes Regular Quarter
$0.1800 2017-04-13 2017-06-07 2017-06-09 2017-06-21 Yes Regular Quarter
$0.1800 2017-01-17 2017-03-08 2017-03-10 2017-03-22 Yes Regular Quarter
$0.5000 2016-10-13 2016-12-07 2016-12-09 2016-12-21 Yes Special N/A
$0.1700 2016-10-13 2016-12-07 2016-12-09 2016-12-21 Yes Regular Quarter
$0.1700 2016-07-14 2016-09-07 2016-09-09 2016-09-21 Yes Regular Quarter
$0.1600 2016-01-19 2016-03-09 2016-03-11 2016-03-23 Yes Regular Quarter
$0.1500 2015-10-20 2015-12-09 2015-12-11 2015-12-23 Yes Regular Quarter
$0.1500 2015-07-21 2015-09-09 2015-09-11 2015-09-23 Yes Regular Quarter
$0.1400 2015-04-16 2015-06-10 2015-06-12 2015-06-24 Yes Regular Quarter
$0.1400 2015-01-20 2015-03-11 2015-03-13 2015-03-25 Yes Regular Quarter
$0.1200 2014-10-16 2014-12-10 2014-12-12 2014-12-24 Yes Regular Quarter
$0.1200 2014-07-17 2014-09-10 2014-09-12 2014-09-24 Yes Regular Quarter
$0.1200 2014-05-09 2014-06-11 2014-06-13 2014-06-25 Yes Regular Quarter
$2.0000 2014-05-09 2014-05-20 2014-05-22 2014-05-29 Yes Special N/A
$0.1200 2014-01-21 2014-02-06 2014-02-10 2014-03-10 Yes Regular Quarter
$0.1200 2013-10-10 2013-11-06 2013-11-08 2013-12-10 Yes Regular Quarter
$0.1200 2013-07-11 2013-08-07 2013-08-09 2013-09-10 Yes Regular Quarter
$0.1100 2013-04-11 2013-05-08 2013-05-10 2013-06-10 Yes Regular Quarter
$0.1000 2013-01-10 2013-02-06 2013-02-08 2013-03-08 Yes Regular Quarter
$0.0900 2012-10-11 2012-11-07 2012-11-09 2012-12-10 Yes Regular Quarter
$0.0100 2010-01-14 2010-02-08 2010-02-10 2010-03-10 Yes Regular Quarter
$0.0100 2009-10-15 2009-11-06 2009-11-10 2009-12-10 Yes Regular Quarter
$0.0100 2009-07-16 2009-08-06 2009-08-10 2009-09-10 Yes Regular Quarter
$0.0100 2009-04-09 2009-05-06 2009-05-08 2009-06-10 Yes Regular Quarter
$0.0400 2009-01-08 2009-02-06 2009-02-10 2009-03-10 Yes Regular Quarter
$0.0400 2008-10-09 2008-11-06 2008-11-10 2008-12-10 Yes Regular Quarter
$0.0400 2008-07-10 2008-08-06 2008-08-08 2008-09-10 Yes Regular Quarter
$0.0800 2008-04-08 2008-05-07 2008-05-09 2008-06-10 Yes Regular Quarter
$0.1500 2008-01-08 2008-02-06 2008-02-08 2008-03-10 Yes Regular Quarter
$0.1400 2007-10-09 2007-11-07 2007-11-09 2007-12-10 Yes Regular Quarter
$0.1400 2007-07-10 2007-08-08 2007-08-10 2007-09-10 Yes Regular Quarter
$0.1400 2007-04-10 2007-05-08 2007-05-10 2007-06-08 Yes Regular Quarter
$0.1400 2007-01-09 2007-02-07 2007-02-09 2007-03-09 Yes Regular Quarter
$0.1300 2006-10-11 2006-11-08 2006-11-10 2006-12-08 Yes Regular Quarter
$0.1300 2006-07-11 2006-08-08 2006-08-10 2006-09-08 Yes Regular Quarter
$0.1300 2006-04-11 2006-05-15 2006-05-17 2006-06-09 Yes Regular Quarter
$0.1200 2006-01-11 2006-02-08 2006-02-10 2006-03-10 Yes Regular Quarter
$0.1100 2005-10-06 2005-11-08 2005-11-10 2005-12-09 Unknown Regular Quarter
$0.1100 2005-07-06 2005-08-08 2005-08-10 2005-09-09 Unknown Regular Quarter
$0.1100 2005-04-06 2005-05-06 2005-05-10 2005-06-10 Unknown Regular Quarter
$0.1000 2005-01-11 2005-02-08 2005-02-10 2005-03-10 Unknown Regular Quarter
$0.0900 2004-10-06 2004-11-08 2004-11-10 2004-12-10 Unknown Regular Quarter
$0.0900 2004-07-07 2004-08-06 2004-08-10 2004-09-10 Unknown Regular Quarter
$0.0900 2004-04-07 2004-05-06 2004-05-10 2004-06-10 Unknown Regular Quarter
$0.0900 2004-01-06 2004-02-06 2004-02-10 2004-03-10 Unknown Regular Quarter
$0.0800 2003-10-06 2003-11-06 2003-11-10 2003-12-10 Unknown Regular Quarter
$0.0800 2003-07-08 2003-08-07 2003-08-11 2003-09-10 Unknown Regular Quarter
$0.0800 2003-04-08 2003-05-08 2003-05-12 2003-06-10 Unknown Regular Quarter
$0.0800 2003-01-07 2003-02-06 2003-02-10 2003-03-10 Unknown Regular Quarter

MBWM
Investor Resources

Learn more about Mercantile Bank Corp on:

Company Website For more information, visit the company website.
Investor Relations Here you can find contact information on how to get in touch with the company.
Wiki Page Visit the company page on Wikipedia.
SEC Filings Get access to filings such as 8-K, 10-K, 13-D, Proxy Statements and more.

MBWM
Company Profile

Exchange: NASDAQ
Sector: Financial

Mercantile Bank- (MBWM)-provides commercial and retail banking services primarily to small- to medium-sized businesses located in the Grand Rapids, Holland, Lansing, and Ann Arbor metropolitan areas in Michigan. As of December 31, 2006, it operated eight offices and six automated teller machines in Michigan. The company was founded in 1997 and is headquartered in Grand Rapids, Michigan.

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