Macatawa Bank (MCBC) Raises Quarterly Dividend 14.3% to $0.08; 2.9% Yield
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Macatawa Bank Corporation Declares Quarterly Dividend
January 27, 2020 7:30 AM ESTHOLLAND, Mich., Jan. 27, 2020 (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 $0.08 per share on its common stock to be paid on February 27, 2020 to shareholders of record on February 11, 2020.  This quarters dividend payment represents a 14% increase from the previous quarterly dividend rate of $0.07 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... More
