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INDEPENDENT BANK CORP /MI/ IBCP
Nasdaq · stock · State Commercial Banks · website · IPO 1984-01-16
INDEPENDENT BANK CORP /MI/ dividends
Dividend yield2.89%
Dividend payout31.5%
Paid from FCF30.8%
Safetysafe
Per share (TTM)$1.08
Years paying (in our data)10 · rising
Dividends by year
Yield by year = that fiscal year's dividend per share over the share price around year-end — approximate, not the yield on today's price.
By fiscal year
| FY | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total dividends paid | $21.6M | $20.0M | $19.3M | $18.6M | $18.2M | $17.6M | $16.6M | $14.1M | $9.0M | $7.3M |
| Per share | $1.04 | $0.96 | $0.92 | $0.88 | $0.84 | $0.80 | $0.72 | $0.60 | $0.42 | $0.34 |
| Yield then (approx) | 2.96% | 2.64% | 3.62% | 3.97% | 3.44% | 4.37% | 3.38% | 2.69% | 1.82% | 1.62% |
Annual dividend per share = total paid ÷ shares. “Yield then” is the per-share dividend over the share price at that fiscal year-end — approximate.
Per-share dividends by quarter · as declared
| Period end | Dividend / share | Yield then (approx) |
|---|---|---|
| 2026-06-30 | $0.28 | 2.93% |
| 2026-03-31 | $0.28 | 3.37% |
| 2025-12-31 | $0.26 | 2.96% |
| 2025-09-30 | $0.26 | 3.44% |
| 2025-06-30 | $0.26 | 3.40% |
| 2025-03-31 | $0.26 | 3.41% |
| 2024-12-31 | $0.24 | 2.64% |
| 2024-09-30 | $0.24 | 2.93% |
| 2024-06-30 | $0.24 | 2.77% |
| 2024-03-31 | $0.24 | 3.87% |
| 2023-09-30 | $0.23 | 4.61% |
| 2023-06-30 | $0.23 | 4.45% |
Per-share amounts are declared dividends tagged to each fiscal quarter (exact ex-/pay-dates aren't in the filings). “Yield then” annualises that quarter's dividend over the month-end share price at the time — approximate.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.