Independent Bank (IBCP) Dividend Yield, Date & History

$26.16
+0.36 (+1.40%)
(As of 05/15/2024 ET)

Dividend Summary

Dividend Yield
3.67%
Annual Dividend
$0.96
Dividend Increase
Track Record
10 Years
Annualized 3-Year
Dividend Growth
4.77%
Dividend Payout Ratio
32.65%
Recent
Dividend Payment
May. 13
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Independent Bank vs. The Competition

TypeIndependent BankFinance CompaniesNASDAQ Companies
Annual Dividend$0.96$1.80$1.26
Dividend Yield3.67%986.68%393.03%
Annualized 3-Year Dividend Growth4.77%1,344.49%1,378.66%
Track Record10 years6 years7 years

Independent Bank Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings32.65%
Based on This Year's Estimates32.54%
Based on Next Year's Estimates32.00%
Based on Cashflow27.45%

Independent Bank Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/23/2024Quarterly$0.243.79%5/2/20245/3/20245/13/2024
1/23/2024Quarterly$0.243.6%2/2/20242/5/20242/15/2024
10/17/2023Quarterly$0.234.99%11/2/202311/3/202311/13/2023
7/18/2023Quarterly$0.234.72%8/3/20238/4/20238/14/2023
4/25/2023Quarterly$0.235.49%5/4/20235/5/20235/15/2023
2/6/2023Quarterly$0.233.97%2/15/20232/16/20232/24/2023
10/18/2022quarterly$0.224.3%11/3/202211/4/202211/14/2022
7/19/2022Quarterly$0.224.4%8/4/20228/5/20228/16/2022
4/19/2022Quarterly$0.224.04%5/4/20225/5/20225/16/2022
1/24/2022Quarterly$0.223.44%2/3/20222/4/20222/15/2022
10/19/2021Quarterly$0.213.84%11/4/202111/5/202111/15/2021
7/27/2021Quarterly$0.214.11%8/5/20218/6/20218/16/2021
4/21/2021quarterly$0.213.6%5/4/20215/5/20215/14/2021
1/26/2021quarterly$0.214.3%2/4/20212/5/20212/16/2021
10/20/2020Quarterly$0.205.54%11/4/202011/5/202011/16/2020
7/22/2020quarterly$0.206%8/3/20208/4/20208/14/2020
4/21/2020Quarterly$0.206.22%5/4/20205/5/20205/15/2020
1/20/2020Quarterly$0.203.59%2/4/20202/5/20202/14/2020
10/22/2019Quarterly$0.183.22%11/5/201911/6/201911/15/2019
7/23/2019quarterly$0.183.34%8/5/20198/6/20198/15/2019
4/23/2019quarterly$0.183.38%5/3/20195/6/20195/15/2019
1/21/2019quarterly$0.183.16%2/4/20192/5/20192/15/2019
10/23/2018quarterly$0.152.62%11/2/201811/5/201811/15/2018
7/23/2018quarterly$0.152.33%8/3/20188/6/20188/15/2018
4/24/2018quarterly$0.152.35%5/4/20185/7/20185/15/2018
1/22/2018quarterly$0.152.62%2/6/20182/7/20182/15/2018
10/24/2017quarterly$0.122.16%11/3/201711/6/201711/15/2017
7/25/2017quarterly$0.101.88%8/3/20178/7/20178/15/2017
4/25/2017quarterly$0.101.72%5/4/20175/8/20175/15/2017
1/24/2017quarterly$0.101.9%2/6/20172/8/20172/15/2017
10/25/2016quarterly$0.1011/3/201611/7/201611/15/2016
7/26/2016quarterly$0.088/4/20168/8/20168/15/2016
4/26/2016quarterly$0.085/4/20165/6/20165/16/2016
1/22/2016quarterly$0.082/3/20162/5/20162/16/2016
10/29/2015quarterly$0.0811/5/201511/9/201511/16/2015
7/27/2015quarterly$0.068/5/20158/7/20158/17/2015
4/22/2015quarterly$0.061.83%5/1/20155/5/20155/15/2015
1/21/2015quarterly$0.061.9%2/4/20152/6/20152/17/2015
10/28/2014quarterly$0.061.98%11/5/201411/7/201411/17/2014
7/22/2014quarterly$0.061.94%8/1/20148/5/20148/15/2014
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4/16/2014quarterly$0.064/28/20144/30/20145/15/2014
(Data available from 1/1/2013 forward)

Independent Bank Dividend - Frequently Asked Questions

What is Independent Bank's dividend yield?

The current dividend yield for Independent Bank is 3.67%. Learn more on IBCP's dividend yield history.

How much is Independent Bank's annual dividend?

The annual dividend for IBCP shares is $0.96. Learn more on IBCP's annual dividend history.

How often does Independent Bank pay dividends?

Independent Bank pays quarterly dividends to shareholders.

When was Independent Bank's most recent dividend payment?

Independent Bank's most recent quarterly dividend payment of $0.24 per share was made to shareholders on Monday, May 13, 2024.

When was Independent Bank's most recent ex-dividend date?

Independent Bank's most recent ex-dividend date was Thursday, May 2, 2024.

Is Independent Bank's dividend growing?

Over the past three years, the company's dividend has grown by an average of 4.77% per year.

What track record does Independent Bank have of raising its dividend?

Independent Bank has increased its dividend for the past 10 consecutive years.

When did Independent Bank last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.01 on Tuesday, January 23, 2024.

What is Independent Bank's dividend payout ratio?
The dividend payout ratio for IBCP is:
  • 32.65% based on the trailing year of earnings
  • 32.54% based on this year's estimates
  • 32.00% based on next year's estimates
  • 27.45% based on cash flow
This page (NASDAQ:IBCP) was last updated on 5/16/2024 by MarketBeat.com Staff

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