Mercantile Bank Corp

Small-Cap Stocks Bank & Financial Stocks Best Dividend Stocks Highest Dividend Yield

$49.87

-1.23 (-2.41%)

As of May 16, 1:45 AM ET ·

Dividend Overview

3.05%

Dividend Yield

+1.75% vs S&P 500 avg

$1.44

Annual Dividend

Per Payment$0.36

Frequencyquarterly

Payout Ratio27.0%

Ex-DividendApr 20, 2026

Pay DateMay 4, 2026

Stock Price$49.87

Dividend Income Calculator

If you invest $10,000 in MBWM at $49.87/share

Monthly

$23.96

Quarterly

$71.87

Annually

$287.46

200 shares Based on current price of $49.87 per share

To earn $100/month in dividends

You would need 835 shares

$41,641.45

investment needed

Dividend Safety

Safe 27.0% payout ratio

Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Banking

Stock	Yield	Annual Div	Payout Ratio	Price
HDB HDFC Bank Limited	1.38%	$12.95	20.9%	$24.46
IBN ICICI Bank Limited	0.86%	$9.96	13.8%	$25.98
JPM JPMorgan Chase & Co	2.00%	$6.05	29.1%	$297.81
RY Royal Bank Of Canada	2.60%	$6.25	43.2%	$183.40
BAC Bank of America Corp	2.25%	$1.29	31.3%	$49.77
TD Toronto-Dominion Bank	2.87%	$4.46	37.3%	$107.64
WFC Wells Fargo & Co	2.27%	$2.03	30.4%	$73.42
C Citigroup Inc	1.92%	$2.96	37.6%	$123.42
BMO Bank Of Montreal	3.18%	$7.00	57.8%	$152.48
CM Can Imperial Bk Of Commerce	2.79%	$4.27	47.4%	$111.30