Mercantile BankDividends
Dividends
Next ex-date
Sep 4, 2026
in 6 days
Annual dividend
$1.54
per share
Dividend yield
2.56%
Schedule
Quarterly
4 payments a year
Raised for 11 straight years — most recently to $0.39 from $0.38 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| 2026 | ||||
| Jun 5 | Jun 5 | Jun 17 | $0.39 | |
| Mar 6 | Mar 6 | Mar 18 | $0.39 | raised from $0.38 |
| 2025 | ||||
| Dec 5 | Dec 5 | Dec 17 | $0.38 | |
| Sep 5 | Sep 5 | Sep 17 | $0.38 | raised from $0.37 |
| Jun 6 | Jun 6 | Jun 18 | $0.37 | |
| Mar 7 | Mar 7 | Mar 19 | $0.37 | raised from $0.36 |
| 2024 | ||||
| Dec 6 | Dec 6 | Dec 18 | $0.36 | |
| Sep 6 | Sep 6 | Sep 18 | $0.36 | raised from $0.35 |
| Jun 7 | Jun 7 | Jun 19 | $0.35 | |
| Feb 29 | Mar 1 | Mar 13 | $0.35 | raised from $0.34 |
| 2023 | ||||
| Nov 30 | Dec 1 | Dec 13 | $0.34 | |
| Aug 31 | Sep 1 | Sep 13 | $0.34 | raised from $0.33 |
| Jun 1 | Jun 2 | Jun 14 | $0.33 | |
| Mar 2 | Mar 3 | Mar 15 | $0.33 | raised from $0.32 |
| 2022 | ||||
| Dec 1 | Dec 2 | Dec 14 | $0.32 | |
| Sep 1 | Sep 2 | Sep 14 | $0.32 | raised from $0.31 |
| Jun 2 | Jun 3 | Jun 15 | $0.31 | |
| Mar 3 | Mar 4 | Mar 16 | $0.31 | raised from $0.30 |
| 2021 | ||||
| Dec 2 | Dec 3 | Dec 15 | $0.30 | |
| Sep 2 | Sep 3 | Sep 15 | $0.30 | |
20 payments since Sep 2021.