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Macatawa Bank Corp. hikes quarterly dividend by 1 cent

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Macatawa Bank Corp. hikes quarterly dividend by 1 cent

The board of Holland, Mich.-based Macatawa Bank Corp. declared a quarterly cash dividend of 4 cents per share, 33% higher than the previous dividend of 3 cents per share.

The dividend will be paid Feb. 28 to shareholders of record as of Feb. 13.