Mercantile Bank Corporation Declares Regular Cash Dividend

Board declares $0.35 regular quarterly cash dividend on common stock, providing for a current annual yield of approximately 3.9 percent 

GRAND RAPIDS, Mich., April 16, 2024 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 11, 2024, its Board of Directors declared a regular quarterly cash dividend of $0.35 per common share, payable on June 19, 2024, to holders of record as of June 7, 2024.  The $0.35 cash dividend is approximately 6 percent higher than the cash dividend paid during the second quarter of 2023.

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