Macatawa Bank (MCBC) Raises Quarterly Dividend 20% to $0.06; 2.3% Yield
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Macatawa Bank Corporation Increases Quarterly Dividend
January 29, 2018 7:30 AM ESTHOLLAND, Mich., Jan. 29, 2018 (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 $0.06 per share on its common stock to be paid on February 28, 2018 to shareholders of record on February 13, 2018.  This quarters dividend payment represents a 20% increase from the previous quarterly dividend rate of $0.05 per share.   Â
"We are pleased to make another increase in the amount of the dividend payment to our shareholders," said Ronald L. Haan, President and CEO of the Company. ... More
