Mercantile Bank Corporation Declares Regular Cash Dividend

Provided By PR Newswire

Last update: Apr 22, 2025

Board declares $0.37 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.6 percent

GRAND RAPIDS, Mich., April 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.37 per common share, payable on June 18, 2025, to holders of record as of June 6, 2025. The $0.37 cash dividend is 5.7 percent higher than the cash dividend paid during the second quarter of 2024.