Mercantile Bank (Mercantile Bank) Dividends per Share : $1.34 (TTM As of Dec. 2023)

Mercantile Bank Dividends per Share Chart

Mercantile Bank Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Dividends per Share		Get a 7-Day Free Trial					1.06	1.12	1.18	1.26	1.34

Mercantile Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividends per Share	Get a 7-Day Free Trial															0.32	0.33	0.33	0.34	0.34

Competitive Comparison of Mercantile Bank's Dividends per Share

For the Banks - Regional subindustry, Mercantile Bank's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mercantile Bank's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantile Bank's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Mercantile Bank's Dividend Yield % falls into.

Mercantile Bank Dividends per Share Calculation

Dividends paid to per common share.

Mercantile Bank  (NAS:MBWM) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Mercantile Bank's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

During the past 13 years, the highest Dividend Payout Ratio of Mercantile Bank was 0.41. The lowest was 0.26. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Mercantile Bank Recent Full-Year* Dividend History

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mercantile Bank's Dividend Yield (%) for Today is calculated as

Current Share Price is $36.19.
Mercantile Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.36.

During the past 13 years, the highest Dividend Yield of Mercantile Bank was 6.24%. The lowest was 1.06%. And the median was 2.71%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercantile Bank Dividends per Share Related Terms

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Mercantile Bank (Mercantile Bank) Business Description