Macatawa Bank Corporation ( MCBC ) will begin trading ex-dividend on May 11, 2016. A cash dividend payment of $0.03 per share is scheduled to be paid on May 27, 2016. Shareholders who purchased MCBC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that MCBC has paid the same dividend. At the current stock price of $7.35, the dividend yield is 1.63%.
The previous trading day's last sale of MCBC was $7.35, representing a -1.21% decrease from the 52 week high of $7.44 and a 48.19% increase over the 52 week low of $4.96.
MCBC is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). MCBC's current earnings per share, an indicator of a company's profitability, is $.38.