Mercantile Bank declares quarterly cash dividend of $0.40 per share
MBWM•Mercantile Bank declared a quarterly dividend of $0.40 per share, a 5.3% increase from the fourth quarter of 2025. Payment is due December 16, 2026, to shareholders of record on December 4; the annual yield is approximately 2.7%.
1. Dividend details
Mercantile Bank declared a regular quarterly dividend of $0.40 per common share on October 15, 2026. The dividend is 5.3% higher than the fourth-quarter 2025 dividend, with an annual yield of approximately 2.7%; payment is due December 16 to shareholders of record on December 4, 2026.
