Mercantile Bank Corporation (MBWM) Dividends

MBWM Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for MBWM, the DDM model generated by StockNews estimates a return of positive 41.43% in comparison to its current price. Digging deeper, the aspects of Mercantile Bank Corp's dividend discount model that we found most interesting were:

• Relative to all dividend yielding stocks in our set, MBWM offers a dividend yield in the top 28.23% of stocks in our set.
• Beta tells us how volatile a stock's price is relative to the broader equity index; for Mercantile Bank Corp, its beta is lower than 63.88% of dividend issuing stocks we observed.
• In terms of who is growing the amount of dividends they return to shareholders, Mercantile Bank Corp has been increasing its dividends at a faster rate than 69.32% of US-listed dividend-issuing stocks we observed.

MBWM Dividends vs. Peers