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Macatawa Bank Corp. (MCBC)
NASDAQ:MCBC
Holding MCBC?
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Dividend Data
Last Ex-Dividend Date
May 10, 2024Payment date
May 30, 2024
May 30, 2024
Dividend Amount Per Share
$0.09Quarterly
Dividend Yield
2.36%Sector: Financial
Sector Average: 2.114%
Sector Average: 2.114%
Payout Ratio
38.78%Dividend Growth
11 years Since 2014
Last 3 Months
MCBC Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
| May 10, 2024 | May 13, 2024 | May 30, 2024 | Quarterly | ― | $0.09 |
| Feb 12, 2024 | Feb 13, 2024 | Feb 28, 2024 | Quarterly | Jan 25, 2024 | $0.09 |
| Nov 13, 2023 | Nov 14, 2023 | Nov 29, 2023 | Quarterly | Oct 26, 2023 | $0.09 |
| Aug 14, 2023 | Aug 15, 2023 | Aug 30, 2023 | Quarterly | Jul 27, 2023 | $0.08 |
| May 12, 2023 | May 15, 2023 | May 30, 2023 | Quarterly | Apr 27, 2023 | $0.08 |
| Feb 10, 2023 | Feb 13, 2023 | Feb 28, 2023 | Quarterly | Jan 26, 2023 | $0.08 |
| Nov 14, 2022 | Nov 15, 2022 | Nov 30, 2022 | Quarterly | Oct 27, 2022 | $0.08 |
| Aug 10, 2022 | Aug 11, 2022 | Aug 25, 2022 | Quarterly | Jul 28, 2022 | $0.08 |
| May 11, 2022 | May 12, 2022 | May 26, 2022 | Quarterly | Apr 28, 2022 | $0.08 |
| Feb 09, 2022 | Feb 10, 2022 | Feb 24, 2022 | Quarterly | Jan 27, 2022 | $0.08 |
FAQ
Does Macatawa Bank Corp. pay dividends?
Yes, MCBC has paid a dividend within the past 12 months.
How much is Macatawa Bank Corp.'s dividend?
MCBC pays a dividend of $0.09 per share. MCBC's annual dividend yield is 2.36%.
When is Macatawa Bank Corp. ex-dividend date?
Macatawa Bank's previous ex-dividend date was on May 10, 2024. Macatawa Bank shareholders who own MCBC stock before this date received Macatawa Bank's last dividend payment of $0.09 per share on May 30, 2024. MCBC's next ex-dividend date has not been announced yet.
When is Macatawa Bank Corp. dividend payment date?
Macatawa Bank’s next quarterly payment date is on May 30, 2024, when Macatawa Bank shareholders who owned MCBC shares before May 10, 2024 received a dividend payment of $0.09 per share. Add MCBC to your watchlist to be reminded of MCBC's next dividend payment.
Does Macatawa Bank Corp. have sufficient earnings to cover their dividend?
Yes, MCBC's past year earnings per share was $1.2, and their annual dividend per share is $0.35. MCBC's dividend payout ratio is 38.78% ($0.35/$1.2) which is sustainable.