Mercantile Bank Corporation Increases Regular Cash Dividend

  • Board declares $0.38 regular quarterly cash dividend on common stock,  resulting in a current annual yield of approximately 3.1 percent GRAND RAPIDS, Mich. , July 22, 2025 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on July 17, 2025, its Board of Directors declared a regular quarterly cash dividend of $0.38 per common share, payable on September 17, 2025, to holders of record as of September 5, 2025.