Macatawa Bank (MCBC) Raises Quarterly Dividend 12.5% to $0.09; 4.2% Yield

Macatawa Bank (NASDAQ: MCBC) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. This is a 12.5% increase from the prior dividend of $0.08.

The dividend will be payable on November 29, 2023, to stockholders of record on November 14, 2023, with an ex-dividend date of November 13, 2023.

The annual yield on the dividend is 4.2 percent.

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

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