Macatawa Bank Corporation (NASDAQ:MCBC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon [Yahoo! Finance]
Macatawa Bank Corporation (MCBC)
Last macatawa bank corporation earnings: 10/24 04:15 pm
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US:NASDAQ Investor Relations:
investors.macatawabank.com
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Source: Yahoo! Finance
The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. This means that investors who purchase Macatawa Bank's shares on or after the 13th of November will not receive the dividend, which will be paid on the 29th of November. The company's next dividend payment will be US$0.09 per share, on the back of last year when the company paid a total of US$0.32 to shareholders. Based on the last year's worth of payments, Macatawa Bank has a trailing yield of 3.4% on the current stock price of $9.54. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! As a result, readers should always check whether Macatawa Bank has been able to grow its dividends, o
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