Independent Bank Corporation Dividend

Q: What is the Independent Bank Corporation Dividend Yield and payout ratio?

The average Independent Bank Corporation dividend yield over the last 5 years is 4.11% and the average over the last 10 years is 3.16%. The payout ratio of Independent Bank Corporation in relation to the last financial year is 32.97%. The payout ratio smoothed over 3 years is 30.56%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share (EPS ).

Q: Is the Independent Bank Corporation dividend safe?

Independent Bank Corporation has been paying a dividend for 10 years and has not lowered the dividend for 10 years (dividend continuity). As a result, the dividend was recently increased 10 -times. The Dividend Growth in relation to the previous financial year amounts to 4.55% . The average Independent Bank Corporation Dividend Growth over the last 5 years is 8.92% .

$32.32

2.53% day before yesterday

Nasdaq, Sep 06, 10:00 pm CET

ISIN

US4538386099

Symbol

IBCP

Reports

Quarter | Annual

Index

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Overview Dividends Analysts Charts News Strategies

Independent Bank Corporation Dividend history 25 years & estimates 2024 to 2025

Dividend Analysis of the Independent Bank Corporation Stock

Current dividend yield	7.43 %
Dividendenrendite 5 Jahre	5.11 %
Dividend Yield 10Y	3.94 %
Payout 3Y	8.48 %

When does Independent Bank Corporation pay a dividend?

The Independent Bank Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Independent Bank Corporation stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Independent Bank Corporation are distributed via February, May, August and November.

Year	Dividend	Ex-day & Payday	Frequency
Fiscal Year	Dividend per Share	Ex-Day	Payday	Payment frequency
2024	$0.24 $0.24	Aug 05 2024 Aug 05 2024 Aug 15 2024 Aug 05 24 Aug 15 24	Aug 15 2024	quarterly quarterly
2024	$0.24 $0.24	May 02 2024 May 02 2024 May 13 2024 May 02 24 May 13 24	May 13 2024	quarterly quarterly
2024	$0.24 $0.24	Feb 02 2024 Feb 02 2024 Feb 15 2024 Feb 02 24 Feb 15 24	Feb 15 2024	quarterly quarterly
2023	$0.23 $0.23	Nov 02 2023 Nov 02 2023 Nov 13 2023 Nov 02 23 Nov 13 23	Nov 13 2023	quarterly quarterly
2023	$0.23 $0.23	Aug 03 2023 Aug 03 2023 Aug 14 2023 Aug 03 23 Aug 14 23	Aug 14 2023	quarterly quarterly
2023	$0.23 $0.23	May 04 2023 May 04 2023 May 15 2023 May 04 23 May 15 23	May 15 2023	quarterly quarterly
2023	$0.23 $0.23	Feb 15 2023 Feb 15 2023 Feb 24 2023 Feb 15 23 Feb 24 23	Feb 24 2023	quarterly quarterly
2022	$0.22 $0.22	Nov 03 2022 Nov 03 2022 Nov 14 2022 Nov 03 22 Nov 14 22	Nov 14 2022	quarterly quarterly
2022	$0.22 $0.22	Aug 04 2022 Aug 04 2022 Aug 16 2022 Aug 04 22 Aug 16 22	Aug 16 2022	quarterly quarterly
2022	$0.22 $0.22	May 04 2022 May 04 2022 May 16 2022 May 04 22 May 16 22	May 16 2022	quarterly quarterly
2022	$0.22 $0.22	Feb 03 2022 Feb 03 2022 Feb 15 2022 Feb 03 22 Feb 15 22	Feb 15 2022	quarterly quarterly
2021	$0.21 $0.21	Nov 04 2021 Nov 04 2021 Nov 15 2021 Nov 04 21 Nov 15 21	Nov 15 2021	quarterly quarterly
2021	$0.21 $0.21	Aug 05 2021 Aug 05 2021 Aug 16 2021 Aug 05 21 Aug 16 21	Aug 16 2021	quarterly quarterly
2021	$0.21 $0.21	May 04 2021 May 04 2021 May 14 2021 May 04 21 May 14 21	May 14 2021	quarterly quarterly
2021	$0.21 $0.21	Feb 04 2021 Feb 04 2021 Feb 16 2021 Feb 04 21 Feb 16 21	Feb 16 2021	quarterly quarterly
2020	$0.2 $0.2	Nov 04 2020 Nov 04 2020 Nov 16 2020 Nov 04 20 Nov 16 20	Nov 16 2020	quarterly quarterly
2020	$0.2 $0.2	Aug 03 2020 Aug 03 2020 Aug 14 2020 Aug 03 20 Aug 14 20	Aug 14 2020	quarterly quarterly
2020	$0.2 $0.2	May 04 2020 May 04 2020 May 15 2020 May 04 20 May 15 20	May 15 2020	quarterly quarterly
2020	$0.2 $0.2	Feb 04 2020 Feb 04 2020 Feb 14 2020 Feb 04 20 Feb 14 20	Feb 14 2020	quarterly quarterly
2019	$0.18 $0.18	Nov 05 2019 Nov 05 2019 Nov 15 2019 Nov 05 19 Nov 15 19	Nov 15 2019	quarterly quarterly
2019	$0.18 $0.18	Aug 05 2019 Aug 05 2019 Aug 15 2019 Aug 05 19 Aug 15 19	Aug 15 2019	quarterly quarterly
2019	$0.18 $0.18	May 03 2019 May 03 2019 May 15 2019 May 03 19 May 15 19	May 15 2019	quarterly quarterly
2019	$0.18 $0.18	Feb 04 2019 Feb 04 2019 Feb 15 2019 Feb 04 19 Feb 15 19	Feb 15 2019	quarterly quarterly
2018	$0.15 $0.15	Nov 02 2018 Nov 02 2018 Nov 15 2018 Nov 02 18 Nov 15 18	Nov 15 2018	quarterly quarterly
2018	$0.15 $0.15	Aug 03 2018 Aug 03 2018 Aug 15 2018 Aug 03 18 Aug 15 18	Aug 15 2018	quarterly quarterly
2018	$0.15 $0.15	May 04 2018 May 04 2018 May 15 2018 May 04 18 May 15 18	May 15 2018	quarterly quarterly
2018	$0.15 $0.15	Feb 06 2018 Feb 06 2018 Feb 15 2018 Feb 06 18 Feb 15 18	Feb 15 2018	quarterly quarterly
2017	$0.12 $0.12	Nov 03 2017 Nov 03 2017 Nov 15 2017 Nov 03 17 Nov 15 17	Nov 15 2017	quarterly quarterly
2017	$0.1 $0.1	Aug 03 2017 Aug 03 2017 Aug 15 2017 Aug 03 17 Aug 15 17	Aug 15 2017	quarterly quarterly
2017	$0.1 $0.1	May 04 2017 May 04 2017 May 15 2017 May 04 17 May 15 17	May 15 2017	quarterly quarterly
2017	$0.1 $0.1	Feb 06 2017 Feb 06 2017 Feb 15 2017 Feb 06 17 Feb 15 17	Feb 15 2017	quarterly quarterly
2016	$0.1 $0.1	Nov 03 2016 Nov 03 2016 Nov 15 2016 Nov 03 16 Nov 15 16	Nov 15 2016	quarterly quarterly
2016	$0.08 $0.08	Aug 04 2016 Aug 04 2016 Aug 15 2016 Aug 04 16 Aug 15 16	Aug 15 2016	quarterly quarterly
2016	$0.08 $0.08	May 04 2016 May 04 2016 May 16 2016 May 04 16 May 16 16	May 16 2016	quarterly quarterly
2016	$0.08 $0.08	Feb 03 2016 Feb 03 2016 Feb 16 2016 Feb 03 16 Feb 16 16	Feb 16 2016	quarterly quarterly
2015	$0.08 $0.08	Nov 05 2015 Nov 05 2015 Nov 16 2015 Nov 05 15 Nov 16 15	Nov 16 2015	quarterly quarterly
2015	$0.06 $0.06	Aug 05 2015 Aug 05 2015 Aug 17 2015 Aug 05 15 Aug 17 15	Aug 17 2015	quarterly quarterly
2015	$0.06 $0.06	May 01 2015 May 01 2015 May 15 2015 May 01 15 May 15 15	May 15 2015	quarterly quarterly
2015	$0.06 $0.06	Feb 04 2015 Feb 04 2015 Feb 17 2015 Feb 04 15 Feb 17 15	Feb 17 2015	quarterly quarterly
2014	$0.06 $0.06	Nov 05 2014 Nov 05 2014 Nov 17 2014 Nov 05 14 Nov 17 14	Nov 17 2014	quarterly quarterly
2014	$0.06 $0.06	Aug 01 2014 Aug 01 2014 Aug 15 2014 Aug 01 14 Aug 15 14	Aug 15 2014	quarterly quarterly
2014	$0.06 $0.06	Apr 28 2014 Apr 28 2014 May 15 2014 Apr 28 14 May 15 14	May 15 2014	- -
2009	$0.1 $0.1	Oct 01 2009 Oct 01 2009 Oct 30 2009 Oct 01 09 Oct 30 09	Oct 30 2009	quarterly quarterly
2009	$0.1 $0.1	Jul 01 2009 Jul 01 2009 Jul 31 2009 Jul 01 09 Jul 31 09	Jul 31 2009	quarterly quarterly
2009	$0.1 $0.1	Apr 02 2009 Apr 02 2009 Apr 30 2009 Apr 02 09 Apr 30 09	Apr 30 2009	quarterly quarterly
2008	$0.1 $0.1	Dec 31 2008 Dec 31 2008 Jan 30 2009 Dec 31 08 Jan 30 09	Jan 30 2009	quarterly quarterly
2008	$0.1 $0.1	Oct 02 2008 Oct 02 2008 Oct 31 2008 Oct 02 08 Oct 31 08	Oct 31 2008	quarterly quarterly
2008	$0.1 $0.1	Jul 02 2008 Jul 02 2008 Jul 31 2008 Jul 02 08 Jul 31 08	Jul 31 2008	quarterly quarterly
2008	$1.1 $1.1	Apr 02 2008 Apr 02 2008 Apr 30 2008 Apr 02 08 Apr 30 08	Apr 30 2008	quarterly quarterly
2007	$2.1 $2.1	Jan 02 2008 Jan 02 2008 Jan 31 2008 Jan 02 08 Jan 31 08	Jan 31 2008	quarterly quarterly
2007	$2.1 $2.1	Oct 03 2007 Oct 03 2007 Oct 31 2007 Oct 03 07 Oct 31 07	Oct 31 2007	quarterly quarterly
2007	$2.1 $2.1	Jul 02 2007 Jul 02 2007 Jul 31 2007 Jul 02 07 Jul 31 07	Jul 31 2007	quarterly quarterly
2007	$2.1 $2.1	Apr 03 2007 Apr 03 2007 Apr 30 2007 Apr 03 07 Apr 30 07	Apr 30 2007	quarterly quarterly
2006	$2 $2	Jan 03 2007 Jan 03 2007 Jan 31 2007 Jan 03 07 Jan 31 07	Jan 31 2007	quarterly quarterly
2006	$2 $2	Oct 03 2006 Oct 03 2006 Oct 31 2006 Oct 03 06 Oct 31 06	Oct 31 2006	quarterly quarterly
2006	$1.8141 $1.81	Jun 30 2006 Jun 30 2006 Jul 31 2006 Jun 30 06 Jul 31 06	Jul 31 2006	quarterly quarterly
2006	$1.8141 $1.81	Apr 03 2006 Apr 03 2006 Apr 28 2006 Apr 03 06 Apr 28 06	Apr 28 2006	quarterly quarterly
2005	$1.7234 $1.72	Jan 03 2006 Jan 03 2006 Jan 31 2006 Jan 03 06 Jan 31 06	Jan 31 2006	quarterly quarterly
2005	$1.7234 $1.72	Oct 03 2005 Oct 03 2005 Oct 31 2005 Oct 03 05 Oct 31 05	Oct 31 2005	quarterly quarterly
2005	$1.5631 $1.56	Jun 30 2005 Jun 30 2005 Jul 29 2005 Jun 30 05 Jul 29 05	Jul 29 2005	quarterly quarterly
2005	$1.5631 $1.56	Apr 01 2005 Apr 01 2005 Apr 29 2005 Apr 01 05 Apr 29 05	Apr 29 2005	quarterly quarterly
2004	$1.3986 $1.4	Jan 03 2005 Jan 03 2005 Jan 31 2005 Jan 03 05 Jan 31 05	Jan 31 2005	quarterly quarterly
2004	$1.3986 $1.4	Oct 01 2004 Oct 01 2004 Oct 29 2004 Oct 01 04 Oct 29 04	Oct 29 2004	quarterly quarterly
2004	$1.3163 $1.32	Jul 01 2004 Jul 01 2004 Jul 30 2004 Jul 01 04 Jul 30 04	Jul 30 2004	quarterly quarterly
2004	$1.3163 $1.32	Apr 01 2004 Apr 01 2004 Apr 30 2004 Apr 01 04 Apr 30 04	Apr 30 2004	quarterly quarterly
2003	$1.3163 $1.32	Dec 31 2003 Dec 31 2003 Jan 30 2004 Dec 31 03 Jan 30 04	Jan 30 2004	quarterly quarterly
2003	$1.1967 $1.2	Oct 02 2003 Oct 02 2003 Oct 31 2003 Oct 02 03 Oct 31 03	Oct 31 2003	quarterly quarterly
2003	$1.1967 $1.2	Jul 01 2003 Jul 01 2003 Jul 31 2003 Jul 01 03 Jul 31 03	Jul 31 2003	quarterly quarterly
2003	$1.0471 $1.05	Apr 02 2003 Apr 02 2003 Apr 30 2003 Apr 02 03 Apr 30 03	Apr 30 2003	quarterly quarterly
2002	$0.6981 $0.7	Jan 02 2003 Jan 02 2003 Jan 31 2003 Jan 02 03 Jan 31 03	Jan 31 2003	quarterly quarterly
2002	$0.8975 $0.9	Oct 02 2002 Oct 02 2002 Oct 31 2002 Oct 02 02 Oct 31 02	Oct 31 2002	quarterly quarterly
2002	$0.8548 $0.85	Jul 02 2002 Jul 02 2002 Jul 31 2002 Jul 02 02 Jul 31 02	Jul 31 2002	quarterly quarterly
2002	$0.8548 $0.85	Apr 03 2002 Apr 03 2002 Apr 30 2002 Apr 03 02 Apr 30 02	Apr 30 2002	quarterly quarterly
2001	$0.8548 $0.85	Jan 03 2002 Jan 03 2002 Jan 31 2002 Jan 03 02 Jan 31 02	Jan 31 2002	quarterly quarterly
2001	$0.7598 $0.76	Oct 03 2001 Oct 03 2001 Oct 31 2001 Oct 03 01 Oct 31 01	Oct 31 2001	quarterly quarterly
2001	$0.7236 $0.72	Jul 02 2001 Jul 02 2001 Jul 31 2001 Jul 02 01 Jul 31 01	Jul 31 2001	quarterly quarterly
2001	$0.7236 $0.72	Apr 03 2001 Apr 03 2001 Apr 30 2001 Apr 03 01 Apr 30 01	Apr 30 2001	quarterly quarterly
2000	$0.6784 $0.68	Jan 03 2001 Jan 03 2001 Jan 31 2001 Jan 03 01 Jan 31 01	Jan 31 2001	quarterly quarterly
2000	$0.6784 $0.68	Oct 03 2000 Oct 03 2000 Oct 31 2000 Oct 03 00 Oct 31 00	Oct 31 2000	quarterly quarterly
2000	$0.6461 $0.65	Jun 30 2000 Jun 30 2000 Jul 28 2000 Jun 30 00 Jul 28 00	Jul 28 2000	quarterly quarterly
2000	$0.6461 $0.65	Apr 03 2000 Apr 03 2000 Apr 28 2000 Apr 03 00 Apr 28 00	Apr 28 2000	quarterly quarterly
1999	$0.603 $0.6	Jan 03 2000 Jan 03 2000 Jan 31 2000 Jan 03 00 Jan 31 00	Jan 31 2000	quarterly quarterly
1999	$0.603 $0.6	Oct 01 1999 Oct 01 1999 Oct 31 1999 Oct 01 99 Oct 31 99	Oct 31 1999	quarterly quarterly
1999	$0.5743 $0.57	Jun 30 1999 Jun 30 1999 Jul 30 1999 Jun 30 99 Jul 30 99	Jul 30 1999	quarterly quarterly
1999	$0.5743 $0.57	Mar 31 1999 Mar 31 1999 Apr 30 1999 Mar 31 99 Apr 30 99	Apr 30 1999	quarterly quarterly

How much dividend does Independent Bank Corporation pay?

Independent Bank Corporation most recently paid a dividend of $0.24. Independent Bank Corporation paid a Dividend of $0.92 Per Share in the financial year 2023. With a stock price of $32.32 at Sep 06 2024, the current dividend yield is 2.85% (calculation: $0.92 / $32.32 = 2.85%). No special dividend was paid.

Use the StocksGuide screener to find the stocks with the highest dividend yields. Here you will find, for example, the 100 largest dividend stocks in the world:

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What is the Independent Bank Corporation Dividend Yield and payout ratio?

The average Independent Bank Corporation dividend yield over the last 5 years is 4.11% and the average over the last 10 years is 3.16%.

The payout ratio of Independent Bank Corporation in relation to the last financial year is 32.97%. The payout ratio smoothed over 3 years is 30.56%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).

Metric	Independent Bank Corporation
Current dividend yield	2.85%
Dividend Yield 5Y	4.11%
Dividend Yield 10Y	3.16%
Payout 1Y	32.97%
Payout 3Y	30.56%

Is the Independent Bank Corporation dividend safe? Continuity & Dividend Growth

Is the Independent Bank Corporation dividend safe?

Independent Bank Corporation has been paying a dividend for 10 years and has not lowered the dividend for 10 years (dividend continuity). As a result, the dividend was recently increased 10-times.

The Dividend Growth in relation to the previous financial year amounts to 4.55%. The average Independent Bank Corporation Dividend Growth over the last 5 years is 8.92%.

Metric	Independent Bank Corporation
Increased	10 Years
Continuity	10 Years
Paid	10 Years
Growth 1Y	4.55%
Growth 5Y	8.92%

Continuity

Dividend Growth

The Dividend Growth in relation to the previous financial year amounts to 4.55%. The average Independent Bank Corporation Dividend Growth over the last 5 years is 8.92%.

With the Stock Screener, you can search for the best Dividend Aristocrats in indices such as the DAX or NASDAQ.

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Independent Bank Corporation Stock Forecast 2024

On the stock exchange, the Independent Bank Corporation stock (ISIN: US4538386099) is traded at September 2024 as a Top Scorer according to the dividend strategy.

The stock price of Independent Bank Corporation 24.21% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Independent Bank Corporation stock price in real time at the top of the page.

Independent Bank Corporation (symbol: IBCP) is valued at a Price / Earnings Ratio (P/E ratio) of 10.36 and a price/sales ratio (P/S ratio) of 2.18 valued. Based on analyst estimates, the Independent Bank Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 10.21 according to P/E ratio and 3.12 according to P/S.

Metric	Independent Bank Corporation
Dividend Score	??/15
Performance 2024	24.21%
P/E TTM	10.36
P/S TTM	2.18
P/E forward	10.21
P/S forward	3.12

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