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Live Chart Being Loaded With Signals

Commentary (9 May 2024 @ 10:50):

Stats
Today's Volume	40 569.00
Average Volume	148 908
Market Cap	499.45M
EPS	$0 ( 2024-04-25 )
Next earnings date	( $0.290 ) 2024-07-25
Last Dividend	$0.0900 ( 2023-11-13 )
Next Dividend	$0 ( N/A )
P/E	53.83
ATR14	$0.0200 (0.14%)

Insider Trading

Date	Person	Action	Amount	type
2023-11-28	Barker Bryan L	Sell	155	Common Stock
2023-11-16	White Bay Capital, Lllp	Buy	1 936	Common Stock
2023-11-16	Swets Jon	Buy	10 703	Common Stock
2023-11-16	Hankinson Craig A	Buy	9 683	Common Stock
2023-11-16	Walcott Jill A	Buy	7 135	Common Stock

INSIDER POWER
66.17
Last 98 transactions
Buy: 223 374 \| Sell: 36 548

Volume Correlation

Long: 0.35 (neutral)

Short: -0.08 (neutral)

Signal:(49.095) Neutral

Macatawa Bank Corp Correlation

10 Most Positive Correlations
AMRK	0.819
AGLE	0.813
IQMD	0.811
NYMX	0.81
ENOB	0.806

10 Most Negative Correlations
SIVB	-0.89
ENVI	-0.886
YVR	-0.881
DUNE	-0.867
DCRN	-0.859
GBNH	-0.859
ENNVU	-0.854
RCEL	-0.843
LGVC	-0.829
ROC	-0.826

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Macatawa Bank Corp Correlation - Currency/Commodity

0.85
( strong )

0.84
( strong )

0.00
( neutral )

0.80
( moderate )

0.64
( weak )

-0.89
( strong negative )

Macatawa Bank Corp Financials

Annual	2023
Revenue:	$132.25M
Gross Profit:	$18.44M (13.94 %)
EPS:	$1.260

FY	2023
Revenue:	$132.25M
Gross Profit:	$18.44M (13.94 %)
EPS:	$1.260

FY	2022
Revenue:	$13.67M
Gross Profit:	$13.67M (100.00 %)
EPS:	$1.010

FY	2021
Revenue:	$78.22M
Gross Profit:	$0.00 (0.00 %)
EPS:	$0.850

Financial Reports:

No articles found.

Macatawa Bank Corp Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
$0.0800 (N/A)	$0.0800 (N/A)	$0.0800 (N/A)	$0.0800 (N/A)	$0.0800 (N/A)	$0.0900 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)

Macatawa Bank Corp Dividend Information - Dividend King

Dividend Sustainability Score: 8.46 - good (84.56%) | Divividend Growth Potential Score: 5.86 - Stable (17.22%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	$0.0312	2000-12-04
Last Dividend	$0.0900	2023-11-13
Next Dividend	$0	N/A
Payout Date	2023-11-29
Next Payout Date	N/A
# dividends	72	--
Total Paid Out	$4.71	--
Avg. Dividend % Per Year	2.23%	--
Score	5.26	--
Div. Sustainability Score	8.46
Div.Growth Potential Score	5.86
Div. Directional Score	7.16	--

Next Divdend (Est)
(2024-06-10)

$0.0916 Estimate 37.31 %

Dividend Stability

0.75 Good

Dividend Score

5.26

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
2000	$0.0312	0.48%
2001	$0.132	2.20%
2002	$0.198	2.25%
2003	$0.208	2.19%
2004	$0.265	1.86%
2005	$0.369	2.24%
2006	$0.423	1.90%
2007	$0.514	2.62%
2008	$0.260	3.12%
2009	$0	0.00%
2010	$0	0.00%
2011	$0	0.00%
2012	$0	0.00%
2013	$0	0.00%
2014	$0.0800	1.62%
2015	$0.110	2.01%
2016	$0.120	2.00%
2017	$0.180	1.77%
2018	$0.250	2.50%
2019	$0.280	2.85%
2020	$0.320	2.88%
2021	$0.320	3.84%
2022	$0.320	3.61%
2023	$0.330	3.01%
2024	$0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for NASDAQ

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
OXLC	Dividend Royal	2023-12-14	Monthly	14	10.00%	8.50
OXSQ	Dividend Royal	2023-12-14	Monthly	21	9.10%	8.50
PSEC	Dividend Royal	2023-12-26	Monthly	21	7.04%	8.50
SLVO	Dividend Royal	2023-11-20	Monthly	12	10.77%	8.50
QYLD	Dividend Royal	2023-11-20	Monthly	11	7.50%	8.50
GAIN	Dividend Royal	2023-12-04	Monthly	20	8.19%	8.50
GLDI	Dividend Royal	2023-11-20	Monthly	12	7.15%	8.50
HRZN	Dividend King	2023-12-18	Monthly	15	6.60%	8.45
USOI	Dividend Royal	2023-11-20	Monthly	8	16.70%	8.28
PFLT	Dividend King	2023-11-15	Monthly	14	6.50%	8.27

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.333	1.500	3.34	5.01	[0 - 0.5]
returnOnAssetsTTM	0.0157	1.200	9.48	10.00	[0 - 0.3]
returnOnEquityTTM	0.147	1.500	9.47	10.00	[0.1 - 1]
payoutRatioTTM	0.284	-1.000	7.16	-7.16	[0 - 1]
currentRatioTTM	0.581	0.800	-2.09	-1.675	[1 - 3]
quickRatioTTM	0.833	0.800	9.80	7.84	[0.8 - 2.5]
cashRatioTTM	0.0427	1.500	-0.874	-1.311	[0.2 - 2]
debtRatioTTM	0.0153	-1.500	9.75	-10.00	[0 - 0.6]
interestCoverageTTM	-0.340	1.000	-1.237	-1.237	[3 - 30]
operatingCashFlowPerShareTTM	1.198	2.00	9.60	10.00	[0 - 30]
freeCashFlowPerShareTTM	1.173	2.00	9.41	10.00	[0 - 20]
debtEquityRatioTTM	0.137	-1.500	9.45	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.962	1.000	10.00	10.00	[0.2 - 0.8]
operatingProfitMarginTTM	-0.0608	1.000	-3.22	-3.22	[0.1 - 0.6]
cashFlowToDebtRatioTTM	1.029	1.000	5.40	5.40	[0.2 - 2]
assetTurnoverTTM	0.0471	0.800	-3.02	-2.42	[0.5 - 2]
Total Score				8.46

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	12.14	1.000	8.87	0	[1 - 100]
returnOnEquityTTM	0.147	2.50	9.66	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	1.173	2.00	9.61	10.00	[0 - 30]
dividendYielPercentageTTM	2.35	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	1.198	2.00	9.60	10.00	[0 - 30]
payoutRatioTTM	0.284	1.500	7.16	-7.16	[0 - 1]
pegRatioTTM	0.0587	1.500	-2.94	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.334	1.000	4.15	0	[0.1 - 0.5]
Total Score				5.86

Macatawa Bank Corp

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers ATM and debit card processing, cash management, trust, and brokerage services. In addition, it provides fraud protection; collection services; disbursement solutions; fund management; and investment and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. As of December 31, 2021, the company had 26 full-service branches in Kent, Ottawa, and northern Allegan counties, Michigan. Macatawa Bank Corporation was incorporated in 1997 and is based in Holland, Michigan.