Company / Dividends per Share
MERCANTILE BANK CORP Dividends per Share History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Dividends per Share
$1.39
FY2024
5-year range
$1.16 / $1.39
FY2020-FY2024
Trend
+6.2%
vs FY2023
Sector context
#140 of 295
Financials
What the data says
At $1.39, MERCANTILE BANK CORP's dividends per share ranks #140 of 295 in the Financials sector. Dividends per Share has increased for 5 consecutive years, from $1.04 in FY2019 to $1.39 in FY2024.
Based on SEC 10-K filings.
1.39 in FY2024 with a 5-year CAGR of +6.0%.
Improved from $1.24 to $1.39 over the past 2 years.
Financials sector context is included.
Dividends per Share over time
Growth rates
- 3-Year CAGR
- +6.3%
- 5-Year CAGR
- +6.0%
- 10-Year CAGR
- -
Sector benchmark
#140 of 295 in FinancialsTop 47% of 295This company $1.39 Sector average $1.85
▼
-24.5% below sector average
Key checks
Key Insights
- MERCANTILE BANK CORP's dividends per share has grown for 5 consecutive years.
- In FY2024, dividends per share increased 6.2% year-over-year.
- Ranks #140 out of 295 companies in the Financials sector.
- Peak dividends per share was recorded in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Dividends per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $1.39 | +6.2% |
| FY2023 | $1.31 | +6.1% |
| FY2022 | $1.24 | +6.7% |
| FY2021 | $1.16 | +5.1% |
| FY2020 | $1.10 | +5.7% |
| FY2019 | $1.04 | -37.0% |
| FY2018 | $1.66 | +126.7% |
| FY2017 | $0.73 | -36.4% |
| FY2016 | $1.15 | +100.8% |
As of FY2024 · SEC 10-K Annual Filings · Updated Feb 28, 2026