Mercantile Bank hikes dividend by 2.6%

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Mercantile Bank (MBWM) raised its quarterly dividend on January 20, 2026, increasing the payout by 2.6% to $0.39 per share.

The adjustment extends Mercantile Bank’s dividend growth streak to 14 consecutive years. Based on a share price of $51.50, the dividend translates into a yield of approximately 3.1%. The ex-dividend date is March 6, 2026.

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank, providing commercial and retail banking services primarily across Michigan. More information is available on the website of Mercantile Bank.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.

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