MCBC Projected Dividend Yield

Macatawa Bank Corp. ( NASDAQ : MCBC )

Macatawa Bank is a bank holding company. Through its subsidiary, Macatawa Bank, Co. provides a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, MI. Co. provides a range of deposit services, including checking accounts, savings accounts and time deposits of various types. Co.'s trust services include personal trust and retirement plan services. Co.'s personal trust services include financial planning, investment management services, trust and estate administration and custodial services. Co.'s retirement plan services encompass all types of qualified retirement plans, including profit sharing, 401(k) and pension plans.

30 YEAR PERFORMANCE RESULTS

MCBC Dividend History Detail
MCBC Dividend News
MCBC Competitors News
# of Shares: 0 Closing Price: 14.42 Current Market Value: 0.00 Cost Basis: 0.00 Date Acquired:
Dividend Cash Flow
Year Annual Dividend Dividend Growth # of Shares Annual Dividend Income Yield On Cost %
2004 0.20 0% 0 $ 0.00 0.00%
2005 0.37 81% 0 $ 0.00 0.00%
2006 0.46 25% 0 $ 0.00 0.00%
2007 0.51 11% 0 $ 0.00 0.00%
2008 0.26 0% 0 $ 0.00 0.00%
2009 0.00 0% 0 $ 0.00 0.00%
2010 0.00 0% 0 $ 0.00 0.00%
2011 0.00 0% 0 $ 0.00 0.00%
2012 0.00 0% 0 $ 0.00 0.00%
2013 0.00 0% 0 $ 0.00 0.00%
2014 0.08 0% 0 $ 0.00 0.00%
2015 0.11 38% 0 $ 0.00 0.00%
2016 0.12 9% 0 $ 0.00 0.00%
2017 0.18 50% 0 $ 0.00 0.00%
2018 0.25 39% 0 $ 0.00 0.00%
2019 0.28 12% 0 $ 0.00 0.00%
2020 0.32 14% 0 $ 0.00 0.00%
2021 0.32 0% 0 $ 0.00 0.00%
2022 0.32 0% 0 $ 0.00 0.00%
2023 0.33 3% 0 $ 0.00 0.00%
2024 0.36 6% 0 $ 0.00 2.50%
2025 0.36 6% 0 $ 0.00 2.65%
2026 0.38 6% 0 $ 0.00 2.82%
2027 0.41 6% 0 $ 0.00 2.99%
2028 0.43 6% 0 $ 0.00 3.18%
2029 0.46 6% 0 $ 0.00 3.38%
2030 0.49 6% 0 $ 0.00 3.59%
2031 0.52 6% 0 $ 0.00 3.82%
2032 0.55 6% 0 $ 0.00 4.05%
2033 0.59 6% 0 $ 0.00 4.31%
2034 0.62 6% 0 $ 0.00 4.58%
Using the current years Dividend Growth rate of 6% and projecting 6% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 4.58%
Rolling Last 4 qtrs dividends total $ 0.34 and Previous last 4 qtrs dividends total $ 0.32
Dividend 1 Yr Growth = ( 0.34 – 0.32 ) × 100 = 6% (Click the Edit pencil if you want to modify the forward dividend growth rate projection)
0.32
Year
Declaration Date
Ex-Dividend Date
Record Date
Payable Date
Dividend $ Amount
2024
Apr 25, 2024
May 10, 2024
May 13, 2024
May 30, 2024
0.0900
2024
Jan 25, 2024
Feb 12, 2024
Feb 13, 2024
Feb 28, 2024
0.0900
2024 Total:
0.1800
2023
Oct 26, 2023
Nov 13, 2023
Nov 14, 2023
Nov 29, 2023
0.0900
2023
Jul 27, 2023
Aug 14, 2023
Aug 15, 2023
Aug 30, 2023
0.0800
2023
Apr 27, 2023
May 12, 2023
May 15, 2023
May 30, 2023
0.0800
2023
Jan 26, 2023
Feb 10, 2023
Feb 13, 2023
Feb 28, 2023
0.0800
2023 Total:
0.3300
2022
Oct 27, 2022
Nov 14, 2022
Nov 15, 2022
Nov 30, 2022
0.0800
2022
Jul 28, 2022
Aug 10, 2022
Aug 11, 2022
Aug 25, 2022
0.0800
2022
Apr 28, 2022
May 11, 2022
May 12, 2022
May 26, 2022
0.0800
2022
Jan 27, 2022
Feb 09, 2022
Feb 10, 2022
Feb 24, 2022
0.0800
2022 Total:
0.3200
2021
Oct 28, 2021
Nov 09, 2021
Nov 11, 2021
Nov 29, 2021
0.0800
2021
Jul 26, 2021
Aug 10, 2021
Aug 11, 2021
Aug 26, 2021
0.0800
2021
Apr 26, 2021
May 11, 2021
May 12, 2021
May 27, 2021
0.0800
2021
Jan 28, 2021
Feb 09, 2021
Feb 10, 2021
Feb 25, 2021
0.0800
2021 Total:
0.3200
2020
Oct 26, 2020
Nov 09, 2020
Nov 10, 2020
Nov 25, 2020
0.0800
2020
Jul 27, 2020
Aug 10, 2020
Aug 11, 2020
Aug 27, 2020
0.0800
2020
Apr 27, 2020
May 11, 2020
May 12, 2020
May 28, 2020
0.0800
2020
Jan 27, 2020
Feb 10, 2020
Feb 11, 2020
Feb 27, 2020
0.0800
2020 Total:
0.3200
2019
Oct 28, 2019
Nov 08, 2019
Nov 12, 2019
Nov 27, 2019
0.0700
2019
Jul 29, 2019
Aug 12, 2019
Aug 13, 2019
Aug 29, 2019
0.0700
2019
Apr 29, 2019
May 13, 2019
May 14, 2019
May 30, 2019
0.0700
2019
Jan 28, 2019
Feb 11, 2019
Feb 12, 2019
Feb 27, 2019
0.0700
2019 Total:
0.2800
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