Macatawa Bank Corporation (MCBC) Dividends

Macatawa Bank Corporation (MCBC): $11.08

-0.25 (-2.21%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • In terms of compounded growth rate of annual dividends, MCBC's growth rate has been 0.24% over the past 5.5 years.
  • Regarding free cash flow variation: MCBC reports less variability in its cash flow than 96.37% of dividend stocks in our set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with MCBC's price: AWR, DPZ, NTCO, LITE and PEP.
MCBC Ex-Dividend Date
MCBC Dividend Yield
2.89%
MCBC Annual Dividend
$0.32
MCBC Payout Ratio

MCBC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$11.08$27.16 198.19%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for MCBC, the DDM model generated by StockNews estimates a return of positive 198.19% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Macatawa Bank Corp are:

  • Beta tells us how volatile a stock's price is relative to the broader equity index; for Macatawa Bank Corp, its beta is lower than 83.01% of dividend issuing stocks we observed.
  • In terms of who is growing the amount of dividends they return to shareholders, MCBC boasts a higher growth rate in terms of its annual cash distributed to its owners than 84.38% of the dividend issuers in our set.
  • In comparison to its fellow dividend issuing stocks in the Financial Services sector, Macatawa Bank Corp has an equity discount rate lower than 85.8% of them.

MCBC Dividend Chart


MCBC Dividend History

Ex-Dividend Date Type Payout Amount Change
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MCBC Dividends vs. Peers

MCBC's dividend yield currently ranks #34 of 73 vs. its peers in the Midwest Regional Banks category.
Rank Symbol Name Dividend Yield
1 TFSL TFS Financial Corporation 8.03%
2 CIZN Citizens Holding Company 6.86%
3 PEBO Peoples Bancorp Inc. 5.03%
4 WSBF Waterstone Financial, Inc. 4.75%
5 ATLO Ames National Corporation 4.69%
6 UBOH United Bancshares, Inc. 4.53%
7 MBTF M B T Financial Corp 4.47%
8 KEY KeyCorp 4.38%
9 FMNB Farmers National Banc Corp. 4.29%
10 FCAP First Capital, Inc. 4.28%
11 COFS ChoiceOne Financial Services, Inc. 4.25%
12 MSBI Midland States Bancorp, Inc. 4.21%
13 PFC Premier Financial Corp. 4.15%
14 CFFN Capitol Federal Financial, Inc. 4.08%
15 BFIN BankFinancial Corporation 4.08%
16 HBAN Huntington Bancshares Inc. 3.98%
17 MBWM Mercantile Bank Corporation 3.69%
18 FITB Fifth Third Bancorp 3.69%
19 BUSE First Busey Corporation 3.56%
20 IBCP Independent Bank Corporation 3.54%
21 FFBC First Financial Bancorp. 3.46%
22 ASB Associated Banc-Corp 3.43%
23 LARK Landmark Bancorp Inc. 3.35%
24 SFNC Simmons First National Corporation 3.30%
25 CHFC Chemical Financial Corporation 3.24%
26 MFSF MutualFirst Financial Inc. 3.22%
27 HWBK Hawthorn Bancshares, Inc. 3.16%
28 EBMT Eagle Bancorp Montana, Inc. 3.08%
29 SBFG SB Financial Group, Inc. 3.03%
30 FFWM First Foundation Inc. 3.03%
31 FMAO Farmers & Merchants Bancorp, Inc. 2.97%
32 FRME First Merchants Corporation 2.94%
33 ONB Old National Bancorp 2.94%
34 MCBC Macatawa Bank Corporation 2.82%
35 PRK Park National Corporation 2.76%
36 FMBH First Mid Bancshares, Inc. 2.68%
37 MFNC Mackinac Financial Corporation 2.60%
38 FMBI First Midwest Bancorp, Inc. 2.60%
39 MBCN Middlefield Banc Corp. 2.38%
40 GABC German American Bancorp, Inc. 2.34%
41 FSFG First Savings Financial Group, Inc. 2.32%
42 MBFI MB Financial Inc. 2.27%
43 SRCE 1st Source Corporation 2.27%
44 THFF First Financial Corp. (Indiana) 2.24%
45 IROQ IF Bancorp, Inc. 2.17%
46 NBHC National Bank Holdings Corporation 2.15%
47 LKFN Lakeland Financial Corporation 2.05%
48 FBIZ First Business Financial Services, Inc. 2.05%
49 GFED Guaranty Federal Bancshares, Inc. 1.91%
50 MSFG MainSource Financial Group, Inc. 1.82%
51 CZWI Citizens Community Bancorp, Inc. 1.81%
52 SMBC Southern Missouri Bancorp, Inc. 1.62%
53 BKMU Bank Mutual Corporation 1.58%
54 BY Byline Bancorp, Inc. 1.58%
55 ALTA Altabancorp 1.54%
56 CBSH Commerce Bancshares, Inc. 1.50%
57 WTFC Wintrust Financial Corporation 1.49%
58 OSBC Old Second Bancorp, Inc. 1.15%
59 ICBK County Bancorp, Inc. 1.13%
60 EQBK Equity Bancshares, Inc. - 1.08%
61 BFC Bank First Corporation 1.04%
62 HMNF HMN Financial, Inc. 1.04%
63 INBK First Internet Bancorp 0.92%
64 CFBK Central Federal Corporation 0.86%
65 LEVL Level One Bancorp, Inc. 0.70%
66 GWB Great Western Bancorp, Inc. 0.65%
67 CASH Meta Financial Group, Inc. 0.46%
68 PVTB PrivateBancorp, Inc. 0.07%
69 NCBS Nicolet Bankshares Inc. 0.00%
70 FCFP First Community Financial Partners, Inc. 0.00%
71 BWB Bridgewater Bancshares, Inc. 0.00%
72 TCF TCF Financial Corporation 0.00%
73 CBCYB Central Bancompany, Inc. 0.00%

Looking for More Information on MCBC dividends?

Want to see what other sources are saying about Macatawa Bank Corp's dividends? Try the links below:

Macatawa Bank Corp Common Stock (MCBC) Dividend History | Nasdaq
Dividend History for Macatawa Bank Corp (MCBC) - Dividend Investor
Macatawa Bank Corp (MCBC) Dividend History - Seeking Alpha

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