Macatawa Bank (MCBC) Raises Quarterly Dividend 16.7% to $0.07; 2.6% Yield
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Macatawa Bank Corporation Declares Quarterly Dividend
October 29, 2018 7:30 AM EDTHOLLAND, Mich., Oct. 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 $0.07 per share on its common stock to be paid on November 28, 2018 to shareholders of record on November 13, 2018.  This quarters dividend payment represents a 16% increase from the previous quarterly dividend rate of $0.06 per share.     Â
"We are pleased to provide another increase in the amount of the dividend payment to our shareholders," said Ronald L. Haan, President and CEO of the Company. "Both the continued... More
