Macatawa Bank (MCBC) Raises Quarterly Dividend 33.3% to $0.04; 1.6% Yield
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Macatawa Bank Corporation Increases Quarterly Dividend
January 30, 2017 8:00 AM ESTHOLLAND, Mich., Jan. 30, 2017 (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 $0.04 per share on its common stock to be paid on February 28, 2017 to shareholders of record on February 13, 2017. Â This quarters dividend payment represents a 33% increase from the previous quarterly dividend rate of $0.03 per share. Â Â Â
"We are pleased to make an increase in the amount of the payment to our shareholders," said Ronald L. Haan, President and CEO of the Company. "The continued improvement... More
