Macatawa Bank (MCBC) Declares $0.08 Quarterly Dividend; 3.5% Yield

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Macatawa Bank Corporation Declares Quarterly Dividend

July 28, 2022 4:20 PM EDT

HOLLAND, Mich., July 28, 2022 (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 August 25, 2022 to shareholders of record on August 11, 2022. Macatawa has continued to produce favorable results. 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, Macatawa Bank. Headquartered in... More