Mercantile Bank Corporation announced that on July 11, 2024, its Board of Directors declared a regular quarterly cash dividend of $0.36 per common share, payable on September 18, 2024, to holders of record as of September 6, 2024.  The $0.36 cash dividend represents increases of nearly 3% and 6% from the cash dividends paid during the second quarter of 2024 and third quarter of 2023, respectively.