Macatawa Bank (MCBC) Declares $0.08 Quarterly Dividend; 3.3% Yield

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Macatawa Bank Corporation Declares Quarterly Dividend

April 27, 2023 4:20 PM EDT

HOLLAND, Mich., April 27, 2023 (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 30, 2023 to shareholders of record on May 15, 2023. 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 Holland, Mich., Macatawa... More