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Mercantile Bank Corporation Increases Q3 Regular Cash Dividend To $0.36/Share, Up By 3% QoQ And 6% YoY

Author: Benzinga Newsdesk | July 16, 2024 05:02am

Mercantile Bank Corporation (NASDAQ:MBWM) ("Mercantile") announced today that on July 11, 2024, its Board of Directors declared a regular quarterly cash dividend of $0.36 per common share, payable on September 18, 2024, to holders of record as of September 6, 2024.  The $0.36 cash dividend represents increases of nearly 3 percent and 6 percent from the cash dividends paid during the second quarter of 2024 and third quarter of 2023, respectively.

Posted In: MBWM

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