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Mercantile Bank Corp. Dividend Announcement

(NASDAQ:MBWM), www.mercbank.com

DIVIDEND ANNOUNCEMENT: Mercantile Bank Corp. (NASDAQ: MBWM) today declared a dividend of $0.1800 per share

January 17, 2017

Mercantile Bank Corp. (NASDAQ: MBWM) today declared a dividend of $ 0.1800 per share payable on March 22, 2017 to shareholders of record as of March 10, 2017. Dividend amount recorded is a decrease of $ 0.32 from last dividend Paid.

Mercantile Bank Corp. (NASDAQ:MBWM) has paid dividends since 2003, has a current dividend yield of 1.9% and has increased its dividends for 1 successive years.

Mercantile Bank Corp.'s market cap is $ 593,392,800 and has a PE ratio of 20.80. The stock price closed yesterday at $ 36.40 and has a 52 week low/high of $ 20.84 and $ 38.68. For more information on Mercantile Bank Corp. click here.

Mercantile Bank Corp. current dividend information as per the date of this press release is:
Dividend Declaration Date: January 17, 2017
Dividend Ex Date: March 08, 2017
Dividend Record Date: March 10, 2017
Dividend Payment Date: March 22, 2017
Dividend Amount: $ 0.1800
 
 

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