Macatawa Bank (MCBC) Raises Quarterly Dividend 25% to $0.05; 2.1% Yield
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Macatawa Bank (NASDAQ: MCBC) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. This is a 25% increase from the prior dividend of $0.04.
The dividend will be payable on August 30, 2017, to stockholders of record on August 15, 2017, with an ex-dividend date of August 11, 2017.
The annual yield on the dividend is 2.1 percent.
For a dividend history and other dividend-related data on Macatawa Bank (MCBC) click here.
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