Macatawa Bank Dividend
Dividend criteria checks 5/6
Macatawa Bank is a dividend paying company with a current yield of 2.6% that is well covered by earnings.
Key information
2.6%
Dividend yield
26%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.26 |
| Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Macatawa Bank (NASDAQ:MCBC) Will Pay A Dividend Of $0.09
Jan 29
Macatawa 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 27
Update: 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) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Banks) | 3.2% |
| Analyst forecast in 3 Years (MCBC) | 2.8% |
Notable Dividend: MCBC's dividend (2.6%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: MCBC's dividend (2.6%) is low compared to the top 25% of dividend payers in the US market (4.88%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), MCBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MCBC's dividends in 3 years are forecast to be well covered by earnings (30.1% payout ratio).