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Macatawa Bank (Macatawa Bank) 5-Year Yield-on-Cost %

: 3.12 (As of Today)
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Macatawa Bank's yield on cost for the quarter that ended in Dec. 2023 was 3.12.


The historical rank and industry rank for Macatawa Bank's 5-Year Yield-on-Cost % or its related term are showing as below:

MCBC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.49   Med: 3.22   Max: 6.08
Current: 3.12


During the past 13 years, Macatawa Bank's highest Yield on Cost was 6.08. The lowest was 0.49. And the median was 3.22.


MCBC's 5-Year Yield-on-Cost % is ranked worse than
74.33% of 1200 companies
in the Banks industry
Industry Median: 5.005 vs MCBC: 3.12

Competitive Comparison

For the Banks - Regional subindustry, Macatawa Bank's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macatawa Bank 5-Year Yield-on-Cost % Distribution

For the Banks industry and Financial Services sector, Macatawa Bank's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Macatawa Bank's 5-Year Yield-on-Cost % falls into.



Macatawa Bank 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Macatawa Bank is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Macatawa Bank  (NAS:MCBC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Macatawa Bank 5-Year Yield-on-Cost % Related Terms

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Macatawa Bank (Macatawa Bank) Business Description

Traded in Other Exchanges
N/A
Address
10753 Macatawa Drive, Holland, MI, USA, 49424
Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company's primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.
Executives
Thomas P Rosenbach director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Nicole S Dandridge director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Timothy J. Doyle officer: Chief Commercial Banking Ofcr. 10753 MACATAWA DRIVE, HOLLAND MI 49424
Robert L Herr director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Charles A. Geenen director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Jill A Walcott officer: Senior V.P. Retail Banking 10753 MACATAWA DRIVE, HOLLAND MI 49424
Matthew D Hoeksema officer: Senior Vice President 10753 MACATAWA DRIVE, HOLLAND MI 49424
Mark Bugge director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Le Roy Michael K. director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Ronald L Haan director, officer: CEO and President 10753 MACATAWA DRIVE, HOLLAND MI 49424
Richard L Postma director 10753 MACATAWA DRIVE, HOLLAND MI 49424
White Bay Capital, Lllp 10 percent owner 3133 ORCHARD VISTA DRIVE, GRAND RAPIDS MI 49546
Wayne J. Elhart director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Arend D Lubbers director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Douglas B Padnos director 10753 MACATAWA DRIVE, HOLLAND MI 49424

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