MBWM
Mercantile Bank Corp
$38.47
Mercantile Bank Corp Dividend 2024 : Should Mercantile Bank Corp be a part of your dividend portfolio?
Mercantile Bank Corp is one of the most popular Finance company in the world with a market capitalisation of $594.75Mn. Its share price is $38.47 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mercantile Bank Corp gave $1.71 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Finance stocks do not always pay a dividend but as Mercantile Bank Corp pays dividends to reward its shareholders.
- In the quarter ending June 2024, Mercantile Bank Corp has declared dividend of $0.35 - translating a dividend yield of 4.81%.
Let's look at Mercantile Bank Corp’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Mercantile Bank Corp’s dividend was $0.35 in the quarter ending June 2024.
Mercantile Bank Corp Dividend related ratios:
- Last dividend date: 2024-04-11
- Current Dividend Yield: 4.45%
- Annual dollar dividend payment: $1.71
History of Mercantile Bank Corp's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE | PAYMENT DATE |
|---|---|---|---|---|---|
07/06/2024 | CASH | $0.35 | 11/04/2024 | 07/06/2024 | 19/06/2024 |
29/02/2024 | CASH | $0.35 | 11/01/2024 | 01/03/2024 | 13/03/2024 |
30/11/2023 | CASH | $0.34 | 17/10/2023 | 01/12/2023 | 13/12/2023 |
31/08/2023 | CASH | $0.34 | 17/07/2023 | 01/09/2023 | 13/09/2023 |
01/06/2023 | CASH | $0.33 | 18/04/2023 | 02/06/2023 | 14/06/2023 |
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