Macatawa Bank (MCBC) Declares $0.03 Quarterly Dividend; 1.5% Yield

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Go back to Macatawa Bank (MCBC) Declares $0.03 Quarterly Dividend; 1.5% Yield

Macatawa Bank Corporation Declares Dividend

October 31, 2016 8:00 AM EDT

HOLLAND, Mich., Oct. 31, 2016 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per share on its common stock to be paid on November 29, 2016 to shareholders of record on November 14, 2016.

This dividend is consistent with past quarters and reflects the Companys continued performance and commitment to provide a measured return to the shareholders.

About Macatawa BankHeadquartered in Holland, Mich., Macatawa Bank offers a full range of banking, retail and commercial lending, wealth... More