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