Your email has been successfully added to our mailing list.

×
0 0 0 0 0.00209958008398321 0 0 0
Stock impact report

Mercantile Bank (NASDAQ:MBWM) Is Paying Out A Larger Dividend Than Last Year [Yahoo! Finance]

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: Yahoo! Finance
Mercantile Bank Corporation's NASDAQ:MBWM ) dividend will be increasing from last year's payment of the same period to $0.34 on 13th of September. Based on this payment, the dividend yield for the company will be 4.1%, which is fairly typical for the industry. Mercantile Bank's Earnings Will Easily Cover The Distributions We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Mercantile Bank has established itself as a dividend paying company with over 10 years history of distributing earnings to shareholders. Past distributions do not necessarily guarantee future ones, but Mercantile Bank's payout ratio of 26% is a good sign as this means that earnings decently cover dividends. EPS is set to fall by 14.5% over the next 12 months. But if the dividend continues along the path it has been on recently, we estimate the future payout ratio could be 35%, which would be comfortable for the company to continue in the future. Merc Show less Read more
Impact Snapshot
Event Time:
MBWM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
MBWM alerts

from News Quantified
Opt-in for
MBWM alerts

from News Quantified