HOLLAND, Mich., Oct. 27, 2022 (GLOBE NEWSWIRE) — Macatawa Bank Corporation (Nasdaq:MCBC) (the “Company” or “Macatawa”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share on its common stock to be paid on November 30, 2022 to shareholders of record on November 15, 2022. Macatawa has continued to produce favorable results. This dividend reflects the strong financial condition and earnings performance of the Company.
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