Macatawa Bank Dividend
Dividend criteria checks 4/6
Macatawa Bank is a dividend paying company with a current yield of 2.56% that is well covered by earnings.
Key information
2.6%
Dividend yield
28%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.19 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Macatawa Bank (NASDAQ:MCBC) Will Pay A Dividend Of $0.09
Jan 29Macatawa Bank's (NASDAQ:MCBC) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 31Recent updates
Macatawa Bank (NASDAQ:MCBC) Will Pay A Dividend Of $0.09
Jan 29Macatawa Bank's (NASDAQ:MCBC) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 31Macatawa Bank (NASDAQ:MCBC) Is Paying Out A Dividend Of $0.08
Aug 01Macatawa Bank (NASDAQ:MCBC) Is Paying Out A Dividend Of $0.08
May 02Macatawa Bank (NASDAQ:MCBC) Is Paying Out A Dividend Of $0.08
Feb 01Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08
Nov 01Macatawa Bank goes ex-dividend tomorrow
Aug 09Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08
Aug 08Macatawa Bank: Lower Average Loan Balance To Drag Earnings This Year
Feb 16Macatawa Bank (NASDAQ:MCBC) Is Due To Pay A Dividend Of US$0.08
Feb 01Macatawa Bank (NASDAQ:MCBC) Has Affirmed Its Dividend Of US$0.08
Nov 02Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of US$0.08
Jul 29It May Be Possible That Macatawa Bank Corporation's (NASDAQ:MCBC) CEO Compensation Could Get Bumped Up
Apr 27Is Macatawa Bank Corporation (NASDAQ:MCBC) A Smart Choice For Dividend Investors?
Apr 15Did You Participate In Any Of Macatawa Bank's (NASDAQ:MCBC) Respectable 90% Return?
Mar 11Macatawa Bank Corporation (NASDAQ:MCBC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Feb 04Do Institutions Own Macatawa Bank Corporation (NASDAQ:MCBC) Shares?
Feb 01Macatawa Bank Corporation's (NASDAQ:MCBC) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Dec 27Update: Macatawa Bank (NASDAQ:MCBC) Stock Gained 33% In The Last Five Years
Nov 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCBC's dividends per share have been stable in the past 10 years.
Growing Dividend: MCBC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Macatawa Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MCBC) | 2.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (MCBC) | 2.7% |
Notable Dividend: MCBC's dividend (2.56%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: MCBC's dividend (2.56%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.4%), MCBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.