MBWM
Mercantile Bank Corp
$30.81
Mercantile Bank Corp Dividend 2022 : 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 $493.52Mn. Its share price is $30.81 as on 3 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mercantile Bank Corp gave $1.64 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 September 2023, Mercantile Bank Corp has declared dividend of $0.34 - translating a dividend yield of 5.57%.
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 $0.34 in the quarter ending September 2023.
Mercantile Bank Corp Dividend related ratios:
- Last dividend date: 2023-07-17
- Current Dividend Yield: 5.32%
- Annual dollar dividend payment: $1.64
History of Mercantile Bank Corp's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE | PAYMENT DATE |
|---|---|---|---|---|---|
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 |
02/03/2023 | CASH | $0.33 | 17/01/2023 | 03/03/2023 | 15/03/2023 |
01/12/2022 | CASH | $0.32 | 18/10/2022 | 02/12/2022 | 14/12/2022 |
01/09/2022 | CASH | $0.32 | 19/07/2022 | 02/09/2022 | 14/09/2022 |
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