IBCP Independent Bank dividend history, payout ratio & dates
- Stocks
- Financial Services
- NASDAQ: IBCP
- Dividend
Last dividend date: Aug 5, 2025
Dividend yield: 3.35%
Payout ratio: 32.9%
Independent Bank's latest dividend of $0.26 per share was on Aug 5, 2025 (ex-date). At an annualized rate of $1.02 per share, the stock yields 3.35%.
IBCP dividend stats
vs. Financial Services sector
Independent Bank Dividend yield
Independent Bank's dividend yield of 3.35% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 2.99%, Independent Bank's dividend yield is 12% higher. The current dividend yield is lower than the historical average of 3.9% of the last 5 years.
IBCP Dividend history
Independent Bank has a dividend history dating as far as 1994, but lately the company has recorded 11 consecutive years of dividend payments. Our records of IBCP show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 7% since twelve months ago. And with the price of the stock down by 2.7% from a year ago, the dividend yield has increased by 10%.
Independent Bank Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 5, 2025 | $0.26 | 3.37% |
| May 5, 2025 | $0.26 | 3.19% |
| Feb 4, 2025 | $0.26 | 2.71% |
| Nov 5, 2024 | $0.24 | 2.89% |
| Aug 5, 2024 | $0.24 | 3.04% |
| May 2, 2024 | $0.24 | 3.75% |
| Feb 2, 2024 | $0.24 | 3.75% |
| Nov 2, 2023 | $0.23 | 4.53% |
| Aug 3, 2023 | $0.23 | 4.4% |
| May 4, 2023 | $0.23 | 5.74% |
| Feb 15, 2023 | $0.23 | 3.93% |
| Nov 3, 2022 | $0.22 | 3.93% |
| Aug 4, 2022 | $0.22 | 4.27% |
| May 4, 2022 | $0.22 | 4.21% |
| Feb 3, 2022 | $0.22 | 3.51% |
| Nov 4, 2021 | $0.21 | 3.61% |
| Aug 5, 2021 | $0.21 | 3.98% |
| May 4, 2021 | $0.21 | 3.45% |
| Feb 4, 2021 | $0.21 | 3.97% |
| Nov 4, 2020 | $0.2 | 5.41% |
| Aug 3, 2020 | $0.2 | 5.65% |
| May 4, 2020 | $0.2 | 5.33% |
| Feb 4, 2020 | $0.2 | 3.39% |
| Nov 5, 2019 | $0.18 | 3.13% |
| Aug 5, 2019 | $0.18 | 3.46% |
| May 3, 2019 | $0.18 | 3.02% |
| Feb 4, 2019 | $0.18 | 2.83% |
| Nov 2, 2018 | $0.15 | 2.64% |
| Aug 3, 2018 | $0.15 | 2.33% |
| May 4, 2018 | $0.15 | 2.2% |
| Feb 6, 2018 | $0.15 | 2.07% |
| Nov 3, 2017 | $0.12 | 1.85% |
| Aug 3, 2017 | $0.1 | 1.93% |
| May 4, 2017 | $0.1 | 1.71% |
| Feb 6, 2017 | $0.1 | 1.68% |
| Nov 3, 2016 | $0.1 | 2.04% |
| Aug 4, 2016 | $0.08 | 2.03% |
| May 4, 2016 | $0.08 | 2.03% |
| Feb 3, 2016 | $0.08 | 1.88% |
| Nov 5, 2015 | $0.08 | 1.77% |
| Aug 5, 2015 | $0.06 | 1.66% |
| May 1, 2015 | $0.06 | 1.82% |
| Feb 4, 2015 | $0.06 | 1.92% |
Independent Bank dividend payout ratio
Payout ratio
Independent Bank's payout ratio of 32.9% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 44.4%, Independent Bank's payout ratio is 26% lower.
Total amount of dividends paid per financial year (from cash flow)
IBCP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HBAN Huntington Bancshares Inc | 3.85% | $0.62 | 45.6% |
| IBCP Independent Bank Corp | 3.35% | $1.02 | 32.9% |
| MBWM Mercantile Bank Corp | 3.28% | $1.46 | 29% |
| SRCE 1St Source Corp | 2.52% | $1.48 | 25.9% |
Frequently asked questions
Does Independent Bank pay a dividend?
Yes, Independent Bank has paid four dividends in the last twelve months. IBCP has been paying dividends since 2014.
When was IBCP's last dividend?
Independent Bank's last dividend ex-date was on Aug 5, 2025. The dividend amount was $0.26 per share.
How much dividend does Independent Bank pay (per share)?
IBCP has paid dividend of $1.02 per share in the last year.
What is Independent Bank's dividend yield?
Currently Independent Bank's dividend yield is 3.35%.
How often does Independent Bank pay dividends?
Independent Bank pays four dividends per year.
What is Independent Bank's dividend payout ratio?
Independent Bank's dividend payout ratio is 32.9%.
Does Independent Bank pay a good dividend?
Independent Bank's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.