STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.38
Forward Annual Dividend Rate
$1.44
Yield
Trailing Annual Dividend Yield
3.15%
Forward Annual Dividend Yield
2.8%
Dividend Date
Dividend Date
Dec 17, 2025
Ex-dividend Date
Dec 05, 2025
3.84 %
20.15
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 16, 2025 | 0.38 | Dec 05, 2025 | Dec 05, 2025 | Dec 17, 2025 |
| Jul 17, 2025 | 0.38 | Sep 05, 2025 | Sep 05, 2025 | Sep 17, 2025 |
| Apr 17, 2025 | 0.37 | Jun 06, 2025 | Jun 06, 2025 | Jun 18, 2025 |
| Jan 16, 2025 | 0.37 | Mar 07, 2025 | Mar 07, 2025 | Mar 19, 2025 |
| Oct 10, 2024 | 0.36 | Dec 06, 2024 | Dec 06, 2024 | Dec 18, 2024 |
| Jul 11, 2024 | 0.36 | Sep 06, 2024 | Sep 06, 2024 | Sep 18, 2024 |
| Apr 11, 2024 | 0.35 | Jun 07, 2024 | Jun 07, 2024 | Jun 19, 2024 |
| Jan 11, 2024 | 0.35 | Feb 29, 2024 | Mar 01, 2024 | Mar 13, 2024 |
| Oct 12, 2023 | 0.34 | Nov 30, 2023 | Dec 01, 2023 | Dec 13, 2023 |
| Jul 13, 2023 | 0.34 | Aug 31, 2023 | Sep 01, 2023 | Sep 13, 2023 |
| Apr 13, 2023 | 0.33 | Jun 01, 2023 | Jun 02, 2023 | Jun 14, 2023 |
| Jan 12, 2023 | 0.33 | Mar 02, 2023 | Mar 03, 2023 | Mar 15, 2023 |
| Oct 13, 2022 | 0.32 | Dec 01, 2022 | Dec 02, 2022 | Dec 14, 2022 |
| Jul 14, 2022 | 0.32 | Sep 01, 2022 | Sep 02, 2022 | Sep 14, 2022 |
| Apr 14, 2022 | 0.31 | Jun 02, 2022 | Jun 03, 2022 | Jun 15, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Apr 19, 2007 | 105:100 | -0.58% | -2.16% |
| Jul 14, 2005 | 105:100 | -1.14% | -0.71% |
| Apr 14, 2004 | 105:100 | -0.59% | -0.29% |
| Jan 15, 2003 | 105:100 | -0.98% | -3.05% |
| Jan 16, 2002 | 105:100 | +0.28% | +0.48% |
| Jan 17, 2001 | 105:100 | +0.82% | -0.38% |
Frequently Asked Questions
Is Mercantile Bank Corporation (MBWM) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Mercantile Bank Corporation is also among the companies that regularly pay dividends.
What is MBWM's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MBWM's annual dividend yield for the trailing 12 months is 3.15.
When did MBWM last pay a dividend?
MBWM last paid dividends on 2025-12-17, with the ex-dividend date being 2025-12-05.
When was the last time MBWM stock split?
MBWM stock split took place on 19-04-2007.
How did MBWM's stock split work?
Its last split took place on Apr 19, 2007, when Mercantile Bank Corporation went through a 105:100 split leaving the shareholder with 105 share(s) who previously owned 100 MBWM share(s).