Independent Bank Dividend History
NASDAQ: IBCPFinancial ServicesBanks - RegionalUSD
35.76+0.21 (+0.59%)
At close: Oct 8, 4:00 PM ET · Delayed 15 min
- Dividend yield
- 3.02%
- Annual dividend
- $1.08
- Frequency
- Quarterly
- Ex-dividend date
- Aug 4, 2026
- Payment date
- —
- Payout ratio
- 32%
Independent Bank dividend summary
Independent Bank pays a quarterly dividend of $0.28 per share ($1.12 annualized), a 3.13% yield at the current price. It has raised its annual dividend for 11 consecutive years. Over the past five full years, annual dividends per share have grown at a 5.4% compound annual rate.
The payout ratio is 32% of trailing earnings per share. IBCP has 139 recorded dividend payments since 1987, totaling $1.10 per share over the last 12 months.
Summary generated from market data by MetaCap's automated system. Methodology
IBCP dividend history
| Ex-dividend date | Cash amount | Change | Pay date |
|---|---|---|---|
| Aug 4, 2026 | $0.28 | — | — |
| May 4, 2026 | $0.28 | — | — |
| Feb 3, 2026 | $0.28 | +7.7% | — |
| Nov 4, 2025 | $0.26 | — | — |
| Aug 5, 2025 | $0.26 | — | — |
| May 5, 2025 | $0.26 | — | — |
| Feb 4, 2025 | $0.26 | +8.3% | — |
| Nov 5, 2024 | $0.24 | — | — |
| Aug 5, 2024 | $0.24 | — | — |
| May 2, 2024 | $0.24 | — | — |
| Feb 2, 2024 | $0.24 | +4.3% | — |
| Nov 2, 2023 | $0.23 | — | — |
| Aug 3, 2023 | $0.23 | — | — |
| May 4, 2023 | $0.23 | — | — |
| Feb 15, 2023 | $0.23 | +4.5% | — |
| Nov 3, 2022 | $0.22 | — | — |
| Aug 4, 2022 | $0.22 | — | — |
| May 4, 2022 | $0.22 | — | — |
| Feb 3, 2022 | $0.22 | +4.8% | — |
| Nov 4, 2021 | $0.21 | — | — |
| Aug 5, 2021 | $0.21 | — | — |
| May 4, 2021 | $0.21 | — | — |
| Feb 4, 2021 | $0.21 | +5.0% | — |
| Nov 4, 2020 | $0.20 | — | — |
| Aug 3, 2020 | $0.20 | — | — |
| May 4, 2020 | $0.20 | — | — |
| Feb 4, 2020 | $0.20 | +11.1% | — |
| Nov 5, 2019 | $0.18 | — | — |
| Aug 5, 2019 | $0.18 | — | — |
| May 3, 2019 | $0.18 | — | — |
| Feb 4, 2019 | $0.18 | +20.0% | — |
| Nov 2, 2018 | $0.15 | — | — |
| Aug 3, 2018 | $0.15 | — | — |
| May 4, 2018 | $0.15 | — | — |
| Feb 6, 2018 | $0.15 | +25.0% | — |
| Nov 3, 2017 | $0.12 | +20.0% | — |
| Aug 3, 2017 | $0.10 | — | — |
| May 4, 2017 | $0.10 | — | — |
| Feb 6, 2017 | $0.10 | — | — |
| Nov 3, 2016 | $0.10 | +25.0% | — |
| Aug 4, 2016 | $0.08 | — | — |
| May 4, 2016 | $0.08 | — | — |
| Feb 3, 2016 | $0.08 | — | — |
| Nov 5, 2015 | $0.08 | +33.3% | — |
| Aug 5, 2015 | $0.06 | — | — |
| May 1, 2015 | $0.06 | — | — |
| Feb 4, 2015 | $0.06 | — | — |
| Nov 5, 2014 | $0.06 | — | — |
| Aug 1, 2014 | $0.06 | — | — |
| Apr 28, 2014 | $0.06 | -40.0% | — |
| Oct 1, 2009 | $0.10 | — | — |
| Jul 1, 2009 | $0.10 | — | — |
| Apr 2, 2009 | $0.10 | — | — |
| Dec 31, 2008 | $0.10 | — | — |
| Oct 2, 2008 | $0.10 | — | — |
| Jul 2, 2008 | $0.10 | -90.9% | — |
| Apr 2, 2008 | $1.10 | -47.6% | — |
| Jan 2, 2008 | $2.10 | — | — |
| Oct 3, 2007 | $2.10 | — | — |
| Jul 2, 2007 | $2.10 | — | — |
| Apr 3, 2007 | $2.10 | +5.0% | — |
| Jan 3, 2007 | $2.00 | +5.3% | — |
| Oct 3, 2006 | $1.90 | -0.3% | — |
| Jun 30, 2006 | $1.90 | — | — |
| Apr 3, 2006 | $1.90 | +5.3% | — |
| Jan 3, 2006 | $1.81 | — | — |
| Oct 3, 2005 | $1.81 | +5.0% | — |
| Jun 30, 2005 | $1.72 | — | — |
| Apr 1, 2005 | $1.72 | +11.8% | — |
| Jan 3, 2005 | $1.54 | — | — |
| Oct 1, 2004 | $1.54 | +6.3% | — |
| Jul 1, 2004 | $1.45 | — | — |
| Dec 31, 2003 | $1.45 | — | — |
| Oct 2, 2003 | $1.45 | +10.0% | — |
| Jul 1, 2003 | $1.32 | +14.3% | — |
| Apr 2, 2003 | $1.15 | — | — |
| Jan 2, 2003 | $1.15 | +16.7% | — |
| Oct 2, 2002 | $0.9895 | +5.0% | — |
| Jul 2, 2002 | $0.9424 | — | — |
| Apr 3, 2002 | $0.9424 | — | — |
| Jan 3, 2002 | $0.9424 | +12.5% | — |
| Oct 3, 2001 | $0.8377 | +5.0% | — |
| Jul 2, 2001 | $0.7978 | — | — |
| Apr 3, 2001 | $0.7978 | +6.7% | — |
| Jan 3, 2001 | $0.7479 | — | — |
| Oct 3, 2000 | $0.7479 | +5.0% | — |
| Jun 30, 2000 | $0.7123 | — | — |
| Apr 3, 2000 | $0.7123 | +7.1% | — |
| Jan 3, 2000 | $0.6648 | — | — |
| Oct 1, 1999 | $0.6648 | +5.0% | — |
| Jun 30, 1999 | $0.6332 | — | — |
| Mar 31, 1999 | $0.6332 | +7.7% | — |
| Dec 31, 1998 | $0.5879 | +57.5% | — |
| Jun 30, 1998 | $0.3733 | -33.3% | — |
| Apr 2, 1998 | $0.5599 | +5.4% | — |
| Dec 31, 1997 | $0.5312 | — | — |
| Oct 1, 1997 | $0.5312 | +5.0% | — |
| Jul 1, 1997 | $0.5059 | +50.0% | — |
| Apr 2, 1997 | $0.3373 | -28.8% | — |
| Jan 2, 1997 | $0.474 | — | — |
| Oct 2, 1996 | $0.474 | +5.0% | — |
| Jul 2, 1996 | $0.4514 | — | — |
| Apr 2, 1996 | $0.4514 | +8.3% | — |
| Jan 3, 1996 | $0.4167 | — | — |
| Oct 3, 1995 | $0.4167 | — | — |
| Jul 3, 1995 | $0.4167 | — | — |
| Mar 30, 1995 | $0.4167 | +20.0% | — |
| Dec 29, 1994 | $0.3473 | — | — |
| Sep 29, 1994 | $0.3473 | — | — |
| Jun 28, 1994 | $0.3473 | — | — |
| Mar 29, 1994 | $0.3473 | +33.3% | — |
| Dec 30, 1993 | $0.2604 | — | — |
| Sep 29, 1993 | $0.2604 | — | — |
| Jun 29, 1993 | $0.2604 | — | — |
| Mar 30, 1993 | $0.2604 | +15.4% | — |
| Dec 29, 1992 | $0.2257 | — | — |
| Sep 29, 1992 | $0.2257 | — | — |
| Jun 29, 1992 | $0.2257 | — | — |
| Mar 31, 1992 | $0.2257 | +13.0% | — |
| Dec 30, 1991 | $0.1997 | — | — |
| Sep 30, 1991 | $0.1997 | — | — |
| Jun 28, 1991 | $0.1997 | — | — |
| Apr 1, 1991 | $0.1997 | +4.5% | — |
| Oct 1, 1990 | $0.191 | — | — |
| Jun 28, 1990 | $0.191 | — | — |
| Mar 30, 1990 | $0.191 | — | — |
| Dec 29, 1989 | $0.191 | — | — |
| Sep 29, 1989 | $0.191 | — | — |
| Jun 28, 1989 | $0.191 | — | — |
| Mar 30, 1989 | $0.191 | +10.0% | — |
| Dec 29, 1988 | $0.1736 | -20.0% | — |
| Sep 29, 1988 | $0.217 | +25.0% | — |
| Jun 28, 1988 | $0.1736 | — | — |
| Apr 4, 1988 | $0.1736 | — | — |
| Jan 4, 1988 | $0.1736 | -20.0% | — |
| Oct 5, 1987 | $0.217 | +25.0% | — |
| Jul 6, 1987 | $0.1736 | — | — |
| Apr 6, 1987 | $0.1736 | — | — |
| Jan 5, 1987 | $0.1736 | — | — |
Dividends by year
| Year | Total per share | Payments | Growth |
|---|---|---|---|
| 2026 | $0.84 | 3 | -19.2% |
| 2025 | $1.04 | 4 | +8.3% |
| 2024 | $0.96 | 4 | +4.3% |
| 2023 | $0.92 | 4 | +4.5% |
| 2022 | $0.88 | 4 | +4.8% |
| 2021 | $0.84 | 4 | +5.0% |
| 2020 | $0.80 | 4 | +11.1% |
| 2019 | $0.72 | 4 | +20.0% |
| 2018 | $0.60 | 4 | +42.9% |
| 2017 | $0.42 | 4 | +23.5% |
| 2016 | $0.34 | 4 | +30.8% |
| 2015 | $0.26 | 4 | +44.4% |
| 2014 | $0.18 | 3 | — |
| 2009 | $0.30 | 3 | -91.4% |
| 2008 | $3.50 | 5 | -57.8% |
IBCP stock splits
| Date | Ratio | Type |
|---|---|---|
| Sep 1, 2010 | 1-for-10 | Reverse split |
| Aug 31, 2006 | 105-for-100 | Forward split |
| Sep 1, 2005 | 105-for-100 | Forward split |
| Oct 2, 2003 | 11-for-10 | Forward split |
| Jan 2, 2003 | 3-for-2 | Forward split |
| Oct 2, 2002 | 105-for-100 | Forward split |
| Oct 3, 2001 | 105-for-100 | Forward split |
| Oct 3, 2000 | 105-for-100 | Forward split |
| Oct 1, 1999 | 105-for-100 | Forward split |
| Oct 1, 1998 | 105-for-100 | Forward split |
| Jul 1, 1998 | 3-for-2 | Forward split |
| Oct 1, 1997 | 105-for-100 | Forward split |
| May 1, 1997 | 3-for-2 | Forward split |
| Oct 2, 1996 | 105-for-100 | Forward split |