Provided By PR Newswire
Last update: Oct 21, 2025
Board declares $0.38 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.4% percent
GRAND RAPIDS, Mich., Oct. 21, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on October 16, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.38 per common share, payable on December 17, 2025, to holders of record as of December 5, 2025. The $0.38 cash dividend represents an increase of nearly 6 percent from the cash dividend paid during the fourth quarter of 2024.
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