MBWM vs V

Mercantile Bank Corporation compared with Visa Inc. on yield, payout growth, payment schedule, cost and risk.

MBWM

Mercantile Bank Corporation

2.57%

TTM yield · Quarterly

VS

V

Visa Inc.

0.73%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricMBWMV
Share price$60.71$368.64
TTM yield2.57%0.73%
Forward yield2.64%0.73%
Annual payout per share$1.60$2.68
Payment frequencyQuarterlyQuarterly
Next ex-dateDec 4, 2026 (est.)Nov 10, 2026 (est.)
Payout ratio (earnings)27%22%
1-year payout growth+5.4%+13.6%
5-year payout CAGR+6.1%+15.9%
Consecutive years of increases11 years17 years
Payout consistency (last 12)95/10090/100
1-year total return+26.4%+5.6%
1-year price return+23.3%+4.8%
Size (market cap / AUM)1.0B688.3B
Years paying23.618.1
Payout risk (heuristic)LowLow
Sector / categoryFinancial ServicesFinancial Services

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

MBWMV
Shares164.727.1
Income per year$264$73
Income per month (avg)$22$6

At forward yields, before taxes. Model MBWM · Model V

Next payments

Ex-datePay datePer shareStatus
MBWM Dec 4, 2026Dec 16, 2026$0.40Est.
MBWM Mar 5, 2027Mar 17, 2027$0.40Est.
MBWM Jun 4, 2027Jun 16, 2027$0.40Est.
V Nov 10, 2026Nov 24, 2026$0.67Est.
V Feb 9, 2027Feb 23, 2027$0.67Est.
V May 11, 2027May 25, 2027$0.67Est.

Annual payouts per share

MBWMV

Annual dividend per share, MBWM vs V, 2019 to 2026VMBWM$0.00$1.50$3.00MBWM 2019: $1.06V 2019: $1.052019MBWM 2020: $1.12V 2020: $1.222020MBWM 2021: $1.18V 2021: $1.3352021MBWM 2022: $1.26V 2022: $1.5752022MBWM 2023: $1.34V 2023: $1.872023MBWM 2024: $1.42V 2024: $2.152024MBWM 2025: $1.50V 2025: $2.442025MBWM 2026 (YTD): $1.18V 2026 (YTD): $2.012026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, MBWM or V?

MBWM currently has the higher trailing yield: MBWM yields 2.57% and V yields 0.73%. Yield changes daily with price, so check the live figures above.

How often do MBWM and V pay?

MBWM pays every quarter and V pays every quarter. MBWM's next ex-date is Dec 4, 2026 and V's is Nov 10, 2026.

Which has grown its dividend faster, MBWM or V?

V has grown its payout faster: 15.9%/yr vs 6.1%/yr over the last 5 years.

Is MBWM or V better for income?

It depends on what you are optimising for. MBWM and V differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

MBWM dividend history →
V dividend history →

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