NASDAQ:MCBC - Macatawa Bank Dividend Yield, History & Payout Ratio

$10.06
+0.08 (+0.80 %)
(As of 08/22/2019 02:56 AM ET)
Today's Range
$9.94
Now: $10.06
$10.06
50-Day Range
$9.90
MA: $10.10
$10.39
52-Week Range
$8.81
Now: $10.06
$12.63
Volume23,934 shs
Average Volume33,491 shs
Market Capitalization$342.69 million
P/E Ratio12.90
Dividend Yield2.81%
Beta0.51

Dividends

Macatawa Bank (NASDAQ:MCBC) Dividend Information

Macatawa Bank pays an annual dividend of $0.28 per share, with a dividend yield of 2.78%. MCBC's next quarterly dividend payment will be made to shareholders of record on Thursday, August 29. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 31.50% each year. Macatawa Bank pays out 35.90% of its earnings out as a dividend.
Next Dividend:8/29/2019
Annual Dividend:$0.28
Dividend Yield:2.78%
Dividend Growth:31.50% (3 Year Average)
Payout Ratio(s):35.90% (Trailing 12 Months of Earnings)
32.18% (Based on This Year's Estimates)
33.73% (Based on Next Year's Estimates)
33.04% (Based on Cash Flow)
Track Record:3 Years of Consecutive Dividend Growth
Frequency:Quarterly Dividend
Most-Recent Increase:$0.01 increase on 10/29/2018

Macatawa Bank (NASDAQ:MCBC) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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
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)
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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