IBCP Independent Bank Corporation

$32.13-1.99%
B-
Dividend Yield3.30%
Annual Dividend$1.06
Payout Ratio
Safe32.50%
Consecutive Years12 yrs
Frequencyquarterly
Next Ex-Date
N/A

Dividend Grades

vs Financial Services sector
B-
Overall
B-
Yield
B-
Growth
B
Safety
C+
Consistency
B
Performance
MetricIBCPSector Median
Dividend Yield3.30%3.27%
Dividend Growth (5Y)5.39%5.31%
Payout Ratio32.5%36.0%
Consecutive Years Paid1313
1Y Total Return+6.3%8.8%

Grades compare this stock to Financial Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →

1-Year Growth

8.33%

3-Year Growth

5.73%

5-Year Growth

5.39%

10-Year Growth

14.87%

Key Dividend Dates

Next Ex-Date

N/A

Next Payment

N/A

Last Ex-Date

Feb 3, 2026

Last Payment

Feb 13, 2026

Dividend History

Ex-DateAmountChange
Feb 3, 2026$0.2800+7.69%
Nov 4, 2025$0.26000.00%
Aug 5, 2025$0.26000.00%
May 5, 2025$0.26000.00%
Feb 4, 2025$0.2600+8.33%
Nov 5, 2024$0.24000.00%
Aug 5, 2024$0.24000.00%
May 2, 2024$0.24000.00%
Feb 2, 2024$0.2400+4.35%
Nov 2, 2023$0.23000.00%
Aug 3, 2023$0.23000.00%
May 4, 2023$0.23000.00%
Feb 15, 2023$0.2300+4.55%
Nov 3, 2022$0.22000.00%
Aug 4, 2022$0.22000.00%
May 4, 2022$0.22000.00%
Feb 3, 2022$0.2200+4.76%
Nov 4, 2021$0.21000.00%
Aug 5, 2021$0.21000.00%
May 4, 2021$0.21000.00%

Payout Ratio (Earnings)

32.5%

Safe

FCF Payout Ratio

29.1%

Safe

Financial Snapshot

PeriodEPSFCF
Q1 2025$0.74$30.58M
Q2 2025$0.81$16.69M
Q3 2025$0.85$16.54M
Q1 2024$0.77$20.16M

Analyst Ratings (Last 90 Days)

Buy: 0Hold: 1Sell: 0

Peer Comparison

SymbolCompanyYield
HDBHDFC Bank Limited4.31%
IBNICICI Bank Limited0.99%
MFGMizuho Financial Group, Inc.2.28%
PNCThe PNC Financial Services Group, Inc.3.32%
USBU.S. Bancorp3.98%

Frequently Asked Questions

Does Independent Bank Corporation pay a dividend?

Yes, Independent Bank Corporation (IBCP) pays a quarterly dividend with a yield of 3.30%.

What is IBCP's dividend yield?

IBCP's current dividend yield is 3.30%. The annual dividend is $1.06.

When is IBCP's next ex-dividend date?

The next ex-dividend date for IBCP has not been announced yet.

How many years has Independent Bank Corporation increased its dividend?

Independent Bank Corporation has increased its dividend for 12 consecutive years.

About this data

Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.

Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.

Consecutive years — calendar years with a higher total annual dividend than the prior year.

Growth rates — annualized, comparing the most recent full year total to the total N years prior.

For informational purposes only. Not investment advice.

Data as of March 23, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.