Mercantile Bank Corp. increases quarterly dividend, declares special dividend
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The board of Grand Rapids, Mich.-based Mercantile Bank Corp. increased the company's quarterly cash dividend to 25 cents per share from 24 cents per share.
In addition, the company's board declared a special cash dividend of 75 cents per common share.
Both dividends will be payable Dec. 19 to holders of record as of Dec. 7.
