Macatawa Bank (MCBC) Declares $0.08 Quarterly Dividend; 3.2% Yield

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Macatawa Bank Corporation Declares Quarterly Dividend

April 26, 2021 7:30 AM EDT

HOLLAND, Mich., April 26, 2021 (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 May 27, 2021 to shareholders of record on May 12, 2021. Despite the economic challenges posed by the COVID-19 pandemic, Macatawa has continued to perform well. This dividend reflects the strong financial condition and earnings performance of the Company.             

About Macatawa Bank CorporationMacatawa Bank Corporation is the bank holding company for its wholly-owned subsidiary bank,... More