Cash Dividend On The Way From Macatawa Bank (MCBC)

Looking at the universe of stocks we cover at Dividend Channel, on 2/10/15, Macatawa Bank Corp. (MCBC) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 2/27/15. As a percentage of MCBC's recent stock price of $5.38, this dividend works out to approximately 0.37%.

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Below is a dividend history chart for MCBC, showing historical dividends prior to the most recent $0.02 declared by Macatawa Bank Corp.:

MCBC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MCBC is likely to continue, and whether the current estimated yield of 1.49% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MCBC shares, versus its 200 day moving average:

Macatawa Bank Corp. 200 Day Moving Average Chart

Looking at the chart above, MCBC's low point in its 52 week range is $4.66 per share, with $5.79 as the 52 week high point — that compares with a last trade of $5.47.

In Friday trading, Macatawa Bank Corp. shares are currently down about 1.5% on the day.

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