Macatawa Bank (MCBC) Raises Quarterly Dividend 20% to $0.06; 2.3% Yield

Macatawa Bank (NASDAQ: MCBC) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 20% increase from the prior dividend of $0.05.

The dividend will be payable on February 28, 2018, to stockholders of record on February 13, 2018, with an ex-dividend date of February 12, 2018.

The annual yield on the dividend is 2.3 percent.

For a dividend history and other dividend-related data on Macatawa Bank (MCBC) click here.

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