Independent Bank Corporation logo

IBCP.US

Independent Bank Corporation

$36.96
+$0.31 (+0.01%)

Price history

Key metrics

Independent Bank Corporation has paid a dividend for 12 consecutive years and currently yields 3.03%, below its five year average. Its payout ratio is 36%. Dividend Health rates it Safe at 80 out of 99, with high confidence.

Data as of 22 Aug 2026

Dividend

Yield3.03%
Dividend amount$1.12
Growth 5y+5.4% a year
Streak12 years

Valuation

VerdictOvervalued
P/E ratio, GAAP10.80×
Forward P/E9.53×

Market

Day range$36.78 – $37.28
52W range$29.83 – $39.24
Volume180.1K
Avg. volume210.1K
Beta0.70
Market cap$761.47M

Next dividend

Per share

$0.28

Frequency

Quarterly

Estimated
  1. Declared

    17 Oct 2026

  2. Ex-date

    3 Nov 2026

    in 73 days

  3. Pay date

    1 Dec 2026

    in 101 days

Dividend health

80of 99Safe
V. riskyRiskyBorder.SafeV. safe

Confidence High · Financials (bank) profile · as of 22 Aug 2026

Capped at 80. Bank and insurer dividends carry regulatory override risk that no fundamentals model can fully see — financial-sector scores never exceed 80.

About Independent Bank Corporation

ExchangeUS
CurrencyUSD
CountryUS
SectorFinancial Services
IndustryBanks - Regional
ISINUS4538386099
Fiscal year endDecember

This page is for informational purposes only and does not constitute investment advice. Past dividend payments are not a guarantee of future payments. All data is sourced from public market data and may be delayed. Always do your own research before making any investment decisions.

Your dividend income, mapped.

Free for up to 25 holdings. No credit card. Import your first portfolio in under a minute.

Get started free