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Stock impact report

Mercantile Bank Corporation Declares Regular Cash Dividend

Mercantile Bank Corporation (MBWM) 
Last mercantile bank corporation earnings: 4/21 06:01 am Check Earnings Report
US:NASDAQ Investor Relations: mercbank.com/about
Company Research Source: PR Newswire
GRAND RAPIDS, Mich., April 21, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 16, 2020, its Board of Directors declared a regular quarterly cash dividend of $0.28 per common share, payable on June 17, 2020, to holders of record as of June 5, 2020."We are pleased that our sustained financial strength allowed us to once again reward shareholders with a competitive dividend yield," said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile.  "We are carefully monitoring the potential impacts of the COVID-19 pandemic.  As always, we remain committed to providing our shareholders with a meaningful cash return, and will seek to do so within the context of good capital management.  Should circumstances warrant, we may elect to adjust future dividends to preserve capital for lending and other purposes."About Mercantile Bank Corporation Based in Grand Rapids, Michigan, Mercantile Bank Corporation is the bank h Show less Read more
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