MCBC
Macatawa Bank Corp
$14.26
Macatawa Bank Corp Dividend 2024 : Should Macatawa Bank Corp be a part of your dividend portfolio?
Macatawa Bank Corp is one of the most popular Finance company in the world with a market capitalisation of $485.53Mn. Its share price is $14.26 as on 23 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Macatawa Bank Corp gave $0.42 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Finance stocks do not always pay a dividend but as Macatawa Bank Corp pays dividends to reward its shareholders.
- In the quarter ending March 2024, Macatawa Bank Corp has declared dividend of $0.09 - translating a dividend yield of 3.78%.
Let's look at Macatawa Bank Corp’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Macatawa Bank Corp’s dividend was $0.09 in the quarter ending March 2024.
Macatawa Bank Corp Dividend related ratios:
- Last dividend date: 2024-01-26
- Current Dividend Yield: 2.95%
- Annual dollar dividend payment: $0.42
History of Macatawa Bank Corp's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE | PAYMENT DATE |
|---|---|---|---|---|---|
12/02/2024 | CASH | $0.09 | 26/01/2024 | 13/02/2024 | 28/02/2024 |
13/11/2023 | CASH | $0.09 | 26/10/2023 | 14/11/2023 | 29/11/2023 |
14/08/2023 | CASH | $0.08 | 27/07/2023 | 15/08/2023 | 30/08/2023 |
12/05/2023 | CASH | $0.08 | 26/04/2023 | 15/05/2023 | 30/05/2023 |
10/02/2023 | CASH | $0.08 | 26/01/2023 | 13/02/2023 | 28/02/2023 |
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