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Macatawa Bank (MCBC) Dividend Yield, Date & History

$14.91
+0.08 (+0.54%)
(As of 07/26/2024 ET)

Dividend Summary

Dividend Yield
2.41%
Annual Dividend
$0.36
Annualized 3-Year
Dividend Growth
1.03%
Dividend Payout Ratio
30.00%
Recent
Dividend Payment
May. 30
Skip Charts & View Dividend History

Macatawa Bank vs. The Competition

TypeMacatawa BankFinance CompaniesNASDAQ Companies
Annual Dividend$0.36$1.77$1.25
Dividend Yield2.41%1,046.33%396.60%
Annualized 3-Year Dividend Growth1.03%1,294.31%1,417.88%

Macatawa Bank Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings30.00%
Based on This Year's Estimates30.25%
Based on Next Year's Estimates28.80%
Based on Cashflow27.84%

Macatawa Bank Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/18/2024Quarterly$0.092.53%5/10/20245/13/20245/30/2024
1/18/2024Quarterly$0.093.24%2/12/20242/13/20242/28/2024
10/19/2023Quarterly$0.093.9%11/13/202311/14/202311/29/2023
7/20/2023Quarterly$0.083.21%8/14/20238/15/20238/30/2023
4/20/2023Quarterly$0.083.42%5/12/20235/15/20235/30/2023
1/26/2023Quarterly$0.083.07%2/10/20232/13/20232/28/2023
10/27/2022Quarterly$0.083.01%11/14/202211/15/202211/30/2022
7/28/2022Quarterly$0.083.44%8/10/20228/11/20228/25/2022
4/28/2022Quarterly$0.083.66%5/11/20225/12/20225/26/2022
1/27/2022Quarterly$0.083.53%2/9/20222/10/20222/24/2022
10/28/2021Quarterly$0.083.81%11/9/202111/11/202111/29/2021
7/26/2021Quarterly$0.083.86%8/10/20218/11/20218/26/2021
4/26/2021Quarterly$0.083.28%5/11/20215/12/20215/27/2021
1/28/2021Quarterly$0.083.86%2/9/20212/10/20212/25/2021
10/26/2020Quarterly$0.084.4%11/9/202011/10/202011/25/2020
7/27/2020Quarterly$0.084.44%8/10/20208/11/20208/27/2020
4/27/2020Quarterly$0.084.23%5/11/20205/12/20205/28/2020
1/28/2020quarterly$0.082.6%2/10/20202/11/20202/27/2020
10/28/2019Quarterly$0.072.67%11/8/201911/12/201911/27/2019
7/29/2019Quarterly$0.072.74%8/12/20198/13/20198/29/2019
4/29/2019Quarterly$0.072.69%5/13/20195/14/20195/30/2019
1/28/2019quarterly$0.072.87%2/11/20192/12/20192/27/2019
10/29/2018Quarterly$0.072.55%11/9/201811/13/201811/28/2018
7/30/2018Quarterly$0.061.96%8/13/20188/14/20188/29/2018
4/30/2018Quarterly$0.062.25%5/14/20185/15/20185/30/2018
1/29/2018Quarterly$0.062.34%2/12/20182/13/20182/28/2018
10/19/2017Quarterly$0.051.99%11/13/201711/14/201711/29/2017
7/31/2017Quarterly$0.052.06%8/11/20178/15/20178/30/2017
5/1/2017quarterly$0.041.62%5/11/20175/15/20175/30/2017
1/30/2017Quarterly$0.041.59%2/9/20172/13/20172/28/2017
10/31/2016quarterly$0.031.48%11/9/201611/14/201611/29/2016
8/1/2016quarterly$0.031.57%8/11/20168/15/20168/30/2016
5/3/2016quarterly$0.031.75%5/11/20165/13/20165/27/2016
2/1/2016Quarterly$0.032/10/20162/12/20162/26/2016
10/27/2015quarterly$0.032.31%11/9/201511/12/201511/27/2015
7/28/2015quarterly$0.032.26%8/11/20158/13/20158/28/2015
4/27/2015$0.035/12/20155/14/20155/29/2015
2/3/2015quarterly$0.021.47%2/10/20152/12/20152/27/2015
10/27/2014quarterly$0.021.54%11/4/201411/6/201411/28/2014
7/28/2014quarterly$0.021.68%8/5/20148/7/20148/28/2014
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4/28/2014quarterly$0.021.63%5/6/20145/8/20145/29/2014
2/24/2014quarterly$0.021.53%3/5/20143/7/20143/28/2014
(Data available from 1/1/2013 forward)

Macatawa Bank Dividend - Frequently Asked Questions

What is Macatawa Bank's dividend yield?

The current dividend yield for Macatawa Bank is 2.41%. Learn more on MCBC's dividend yield history.

How much is Macatawa Bank's annual dividend?

The annual dividend for MCBC shares is $0.36. Learn more on MCBC's annual dividend history.

How often does Macatawa Bank pay dividends?

Macatawa Bank pays quarterly dividends to shareholders.

When was Macatawa Bank's most recent dividend payment?

Macatawa Bank's most recent quarterly dividend payment of $0.09 per share was made to shareholders on Thursday, May 30, 2024.

When was Macatawa Bank's most recent ex-dividend date?

Macatawa Bank's most recent ex-dividend date was Friday, May 10, 2024.

Is Macatawa Bank's dividend growing?

Over the past three years, the company's dividend has grown by an average of 1.03% per year.

When did Macatawa Bank last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.01 on Thursday, October 19, 2023.

What is Macatawa Bank's dividend payout ratio?
The dividend payout ratio for MCBC is:
  • 30.00% based on the trailing year of earnings
  • 30.25% based on this year's estimates
  • 28.80% based on next year's estimates
  • 27.84% based on cash flow
Is Macatawa Bank a good dividend stock?

Macatawa Bank's dividend yield of 2.46% is lower than the average Finance company that issues a dividend. Macatawa Bank's dividend payout ratio of 30.00% is at a healthy, sustainable level, below 75% of its earnings.

This page (NASDAQ:MCBC) was last updated on 7/27/2024 by MarketBeat.com Staff

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