Mercantile Bank raises quarterly cash dividend to $0.40 a share
Reuters2026/07/21 09:01By:Reuters
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- Mercantile Bank declared a regular quarterly cash dividend of USD 0.40 per common share for the third quarter of 2026.
- Dividend payable Sept. 16, 2026 to shareholders of record Sept. 4, 2026.
- Represents a 2.6% increase from the second-quarter 2026 dividend, a 5.3% increase from the third-quarter 2025 dividend.
- Company cited an annual yield of about 2.8% based on the new payout level.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mercantile Bank Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607210500PR_NEWS_USPR_____DE08183) on July 21, 2026, and is solely responsible for the information contained therein.
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