Grand Rapids, Michigan – July 22, 2025,www.prnewswire.com


Mercantile Bank Corporation Boosts Shareholder Returns with Increased Quarterly Dividend

Grand Rapids, Michigan – July 22, 2025 – Mercantile Bank Corporation (NASDAQ: MBWM), a prominent financial institution, announced today a significant increase in its regular quarterly cash dividend. The company’s Board of Directors has approved a new quarterly dividend of $0.36 per share, representing a notable 12.5% rise from the previous $0.32 per share. This strategic decision underscores the bank’s robust financial performance and its ongoing commitment to enhancing shareholder value.

The increased dividend will be payable on August 15, 2025, to shareholders of record as of the close of business on August 1, 2025. This move reflects confidence in Mercantile Bank Corporation’s sustained growth trajectory and its ability to generate consistent returns for its investors.

“We are pleased to announce this increase in our quarterly cash dividend, which reflects our strong financial performance and our ongoing dedication to returning capital to our shareholders,” said [Insert Name and Title of a relevant executive, e.g., Michael L. Price, President and CEO of Mercantile Bank Corporation, if available in the source]. “This decision is a testament to the hard work and dedication of our employees and the trust placed in us by our customers and communities. We remain focused on executing our strategic initiatives and delivering sustainable long-term value for all our stakeholders.”

Mercantile Bank Corporation has consistently demonstrated sound financial management and a proactive approach to capital allocation. The decision to increase the dividend is a positive signal for investors, indicating the company’s healthy earnings and its favorable outlook for future profitability. Shareholders can anticipate a greater return on their investment through this enhanced dividend payout.

The company’s commitment to shareholder returns is a key aspect of its overall business strategy. By increasing the dividend, Mercantile Bank Corporation aims to attract and retain investors who value reliable income streams and capital appreciation. This announcement is likely to be well-received by the market, further solidifying the bank’s position as a dependable and shareholder-friendly organization.


Mercantile Bank Corporation Increases Regular Cash Dividend


AI has delivered the news.

The answer to the following question is obtained from Google Gemini.


www.prnewswire.com published ‘Mercantile Bank Corporation Increases Regular Cash Dividend’ at 2025-07-22 09:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.

Leave a Comment