Independent Bank Corp /Mi/ (IBCP) Dividend Yield, History & Safety Analysis
Independent Bank Corp /Mi/ (IBCP) pays a solid 2.94% dividend yield, or $1.12 per share annually at a stock price of $34.54. The payout ratio of 32% is well within sustainable levels, leaving room for future increases. The most recent ex-dividend date was February 3, 2026.
- Dividend Yield
- 2.94%
- Annual Dividend
- $1.12
- Payout Ratio
- 31.8%
- Ex-Dividend Date
- 2026-02-03
Frequently Asked Questions
What is IBCP's current dividend yield?
Independent Bank Corp /Mi/ (IBCP) has a dividend yield of 2.94%, paying $1.12 per share annually.
How often does IBCP pay dividends?
Independent Bank Corp /Mi/ typically pays dividends on a quarterly basis. The annual dividend totals $1.12 per share.
Is IBCP's dividend safe?
Independent Bank Corp /Mi/'s dividend safety is rated "Safe." The payout ratio of 32% is well within sustainable levels, leaving room for future increases.
When is IBCP's next ex-dividend date?
The most recent ex-dividend date for Independent Bank Corp /Mi/ was February 3, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is IBCP's payout ratio?
Independent Bank Corp /Mi/ has a payout ratio of 32%, meaning it distributes 32% of its earnings as dividends. This leaves significant room for dividend growth.
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