Mercantile Bank Corporation Declares Regular Cash Dividend
PR Newswire•20/10/2026•05:00 ET
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Key Highlights
- ➤$0.40 quarterly dividend declared, payable December 16, 2026
- ➤Dividend increased 5.3% from the fourth quarter of 2025
- ➤Annualized dividend yield approximately 2.7%
- ➤Mercantile cites robust third-quarter performance metrics and strong asset quality
Expert Statements
Ray Reitsma, President and Chief Executive Officer of Mercantile Bank Corporation
“We are pleased that our financial performance metrics remained robust during the third quarter of 2026, which permitted us to continue our cash dividend program and once more provide shareholders with meaningful cash returns on their investments.”
Ray Reitsma, President and Chief Executive Officer of Mercantile Bank Corporation
“Although macro-economic and geopolitical conditions remain uncertain, we believe our strong balance sheet and ongoing strength in asset quality measures, together with the anticipated attainment of solid operating results in future periods, should enable us to continue to build shareholder value while providing sufficient capital support for expected asset growth.”
Mercantile Bank Corporation Declares Regular Cash Dividend PR Newswire
Board of Directors declares $0.40 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 2.7 percent
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