STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.34
Forward Annual Dividend Rate
$0.36
Yield
Trailing Annual Dividend Yield
2.32%
Forward Annual Dividend Yield
2.36%
Dividend Date
Dividend Date
N/A
Ex-dividend Date
N/A
3.40 %
26.11
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| May 09, 2007 | 105:100 | -1.98% | -2.66% |
| Jun 30, 2006 | 3:2 | +3.55% | -4.39% |
| May 10, 2006 | 105:100 | +0.37% | -2.04% |
| May 09, 2005 | 115:100 | -0.53% | +0.15% |
| May 10, 2004 | 105:100 | -1.18% | -2.25% |
| May 12, 2003 | 105:100 | +2.61% | -0.75% |
| Apr 25, 2002 | 104:100 | +1.06% | -0.74% |
| Apr 19, 2001 | 103:100 | +1.36% | -2.12% |
Frequently Asked Questions
Is Macatawa Bank Corporation (MCBC) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Macatawa Bank Corporation is also among the companies that do not pay dividends.
What is MCBC's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MCBC's annual dividend yield for the trailing 12 months is 2.32.
When did MCBC last pay a dividend?
MCBC last paid dividends on undefined, with the ex-dividend date being undefined.
When was the last time MCBC stock split?
MCBC stock split took place on 09-05-2007.
How did MCBC's stock split work?
Its last split took place on May 9, 2007, when Macatawa Bank Corporation went through a 105:100 split leaving the shareholder with 105 share(s) who previously owned 100 MCBC share(s).