IBCP Dividend History & Yield

Independent Bank Corporation · NasdaqGS

Stock Financial Services Quarterly payer Dividend growth
$36.99
-1.02% today
as of Sep 9, 2026
TTM yield
2.97%
$1.10/share over the last 12 months
Forward yield
3.03%
$1.12/share indicated annual rate
Annual dividend
$1.12
per share, forward
Per payment
$0.28
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 3, 2026 Estimated
in 55 days
Next pay date
Nov 13, 2026
in 65 days
Last ex-dividend date
Aug 4, 2026
$0.28 per share
Payout ratio
31%
of earnings
Market cap
762.1M
P/E 10.7
5y dividend CAGR
+5.8%
annualised, regular payments
Growth streak
11 yrs
consecutive annual raises
Years paying
39.7
since Jan 5, 1987
1y total return
+15.8%
price +12.5% + dividends 3.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Nov 3, 2026 (in 55 days) Nov 13, 2026 $0.28 $28.00 Estimated
Tue, Feb 2, 2027 (in 146 days) Feb 12, 2027 $0.28 $28.00 Estimated
Tue, May 4, 2027 (in 237 days) May 14, 2027 $0.28 $28.00 Estimated
Tue, Aug 3, 2027 (in 328 days) Aug 13, 2027 $0.28 $28.00 Estimated

Estimated dates and amounts are projected from IBCP's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.12 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 3, 2016 to Aug 4, 2026; most recent $0.28$0.00$0.15$0.30Nov 3, 2016: $0.10Nov '16Feb 6, 2017: $0.10May 4, 2017: $0.10Aug 3, 2017: $0.10Nov 3, 2017: $0.12Feb 6, 2018: $0.15Feb '18May 4, 2018: $0.15Aug 3, 2018: $0.15Nov 2, 2018: $0.15Feb 4, 2019: $0.18May 3, 2019: $0.18May '19Aug 5, 2019: $0.18Nov 5, 2019: $0.18Feb 4, 2020: $0.20May 4, 2020: $0.20Aug 3, 2020: $0.20Aug '20Nov 4, 2020: $0.20Feb 4, 2021: $0.21May 4, 2021: $0.21Aug 5, 2021: $0.21Nov 4, 2021: $0.21Nov '21Feb 3, 2022: $0.22May 4, 2022: $0.22Aug 4, 2022: $0.22Nov 3, 2022: $0.22Feb 15, 2023: $0.23Feb '23May 4, 2023: $0.23Aug 3, 2023: $0.23Nov 2, 2023: $0.23Feb 2, 2024: $0.24May 2, 2024: $0.24May '24Aug 5, 2024: $0.24Nov 5, 2024: $0.24Feb 4, 2025: $0.26May 5, 2025: $0.26Aug 5, 2025: $0.26Aug '25Nov 4, 2025: $0.26Feb 3, 2026: $0.28May 4, 2026: $0.28Aug 4, 2026: $0.28

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.60$1.202017: $0.42$0.4220172018: $0.60$0.6020182019: $0.72$0.7220192020: $0.80$0.8020202021: $0.84$0.8420212022: $0.88$0.8820222023: $0.92$0.9220232024: $0.96$0.9620242025: $1.04$1.0420252026 (YTD): $0.84$0.842026 YTD

How much IBCP do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,072$39,632$1,200
$500 / month5,358$198,161$6,000
$1,000 / month10,715$396,321$12,000

Based on the forward yield of 3.03%. $10,000 in IBCP would currently pay about $303 a year ($25 a month on average). Model reinvestment and growth →

IBCP dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Aug 4, 2026 Aug 14, 2026 $0.28 +0.0%
May 4, 2026 May 14, 2026 $0.28 +0.0%
Feb 3, 2026 Feb 13, 2026 $0.28 +7.7%
Nov 4, 2025 Nov 14, 2025 $0.26 +0.0%
Aug 5, 2025 Aug 15, 2025 $0.26 +0.0%
May 5, 2025 May 15, 2025 $0.26 +0.0%
Feb 4, 2025 Feb 14, 2025 $0.26 +8.3%
Nov 5, 2024 Nov 15, 2024 $0.24 +0.0%
Aug 5, 2024 Aug 15, 2024 $0.24 +0.0%
May 2, 2024 May 13, 2024 $0.24 +0.0%
Feb 2, 2024 Feb 15, 2024 $0.24 +4.3%
Nov 2, 2023 Nov 13, 2023 $0.23 +0.0%
Aug 3, 2023 Aug 14, 2023 $0.23 +0.0%
May 4, 2023 May 15, 2023 $0.23 +0.0%
Feb 15, 2023 Feb 24, 2023 $0.23 +4.5%
Nov 3, 2022 Nov 14, 2022 $0.22 +0.0%
Aug 4, 2022 Aug 16, 2022 $0.22 +0.0%
May 4, 2022 May 16, 2022 $0.22 +0.0%
Feb 3, 2022 Feb 15, 2022 $0.22 +4.8%
Nov 4, 2021 Nov 15, 2021 $0.21 +0.0%
Aug 5, 2021 Aug 16, 2021 $0.21 +0.0%
May 4, 2021 May 14, 2021 $0.21 +0.0%
Feb 4, 2021 Feb 16, 2021 $0.21 +5.0%
Nov 4, 2020 Nov 16, 2020 $0.20 +0.0%
Aug 3, 2020 Aug 14, 2020 $0.20 +0.0%
May 4, 2020 May 15, 2020 $0.20 +0.0%
Feb 4, 2020 Feb 14, 2020 $0.20 +11.1%
Nov 5, 2019 Nov 15, 2019 $0.18 +0.0%
Aug 5, 2019 Aug 15, 2019 $0.18 +0.0%
May 3, 2019 May 15, 2019 $0.18 +0.0%
Feb 4, 2019 Feb 15, 2019 $0.18 +20.0%
Nov 2, 2018 Nov 15, 2018 $0.15 +0.0%
Aug 3, 2018 Aug 15, 2018 $0.15 +0.0%
May 4, 2018 May 15, 2018 $0.15 +0.0%
Feb 6, 2018 Feb 15, 2018 $0.15 +25.0%
Nov 3, 2017 Nov 15, 2017 $0.12 +20.0%
Aug 3, 2017 Aug 15, 2017 $0.10 +0.0%
May 4, 2017 May 15, 2017 $0.10 +0.0%
Feb 6, 2017 Feb 15, 2017 $0.10 +0.0%
Nov 3, 2016 Nov 15, 2016 $0.10 +25.0%
Aug 4, 2016 Aug 15, 2016 $0.08 +0.0%
May 4, 2016 May 16, 2016 $0.08 +0.0%
Feb 3, 2016 Feb 16, 2016 $0.08 +0.0%
Nov 5, 2015 Nov 16, 2015 $0.08 +33.3%
Aug 5, 2015 Aug 17, 2015 $0.06 +0.0%
May 1, 2015 May 15, 2015 $0.06 +0.0%
Feb 4, 2015 Feb 17, 2015 $0.06 +0.0%
Nov 5, 2014 Nov 17, 2014 $0.06 +0.0%
Aug 1, 2014 Aug 15, 2014 $0.06 +0.0%
Apr 28, 2014 May 15, 2014 $0.06 -40.0%
Oct 1, 2009 $0.10 +0.0%
Jul 1, 2009 $0.10 +0.0%
Apr 2, 2009 $0.10 +0.0%
Dec 31, 2008 $0.10 +0.0%
Oct 2, 2008 $0.10 +0.0%
Jul 2, 2008 $0.10 -90.9%
Apr 2, 2008 $1.10 -47.6%
Jan 2, 2008 $2.10 +0.0%
Oct 3, 2007 $2.10 +0.0%
Jul 2, 2007 $2.10 +0.0%
Apr 3, 2007 $2.10 +5.0%
Jan 3, 2007 $2.00 +5.3%
Oct 3, 2006 $1.90 -0.3%
Jun 30, 2006 $1.9048 +0.0%
Apr 3, 2006 $1.9048 +5.3%
Jan 3, 2006 $1.8095 +0.0%
Oct 3, 2005 $1.8095 +5.0%
Jun 30, 2005 $1.7234 +0.0%
Apr 1, 2005 $1.7234 +11.8%
Jan 3, 2005 $1.5419 +0.0%
Oct 1, 2004 $1.5419 +6.3%
Jul 1, 2004 $1.4512 +0.0%
Dec 31, 2003 $1.4512 +0.0%
Oct 2, 2003 $1.4512 +10.0%
Jul 1, 2003 $1.3193 +14.3%
Apr 2, 2003 $1.1544 +0.0%
Jan 2, 2003 $1.1544 +16.7%
Oct 2, 2002 $0.9895 +5.0%
Jul 2, 2002 $0.9424 +0.0%
Apr 3, 2002 $0.9424 +0.0%
Jan 3, 2002 $0.9424 +12.5%
Oct 3, 2001 $0.8377 +5.0%
Jul 2, 2001 $0.7978 +0.0%
Apr 3, 2001 $0.7978 +6.7%
Jan 3, 2001 $0.7479 +0.0%
Oct 3, 2000 $0.7479 +5.0%
Jun 30, 2000 $0.7123 +0.0%
Apr 3, 2000 $0.7123 +7.1%
Jan 3, 2000 $0.6648 +0.0%
Oct 1, 1999 $0.6648 +5.0%
Jun 30, 1999 $0.6332 +0.0%
Mar 31, 1999 $0.6332 +7.7%
Dec 31, 1998 $0.5879 +352.3%
Oct 1, 1998 $0.13 -65.2%
Jun 30, 1998 $0.3733 -33.3%
Apr 2, 1998 $0.5599 +5.4%
Dec 31, 1997 $0.5312 +0.0%
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 +0.0%
Oct 2, 1996 $0.474 +5.0%
Jul 2, 1996 $0.4514 +0.0%
Apr 2, 1996 $0.4514 +8.3%
Jan 3, 1996 $0.4167 +0.0%
Oct 3, 1995 $0.4167 +0.0%
Jul 3, 1995 $0.4167 +0.0%
Mar 30, 1995 $0.4167 +20.0%
Dec 29, 1994 $0.3473 +0.0%
Sep 29, 1994 $0.3473 +0.0%
Jun 28, 1994 $0.3473 +0.0%
Mar 29, 1994 $0.3473 +33.3%
Dec 30, 1993 $0.2604 +0.0%
Sep 29, 1993 $0.2604 +0.0%
Jun 29, 1993 $0.2604 +0.0%
Mar 30, 1993 $0.2604 +15.4%
Dec 29, 1992 $0.2257 +0.0%
Sep 29, 1992 $0.2257 +0.0%
Jun 29, 1992 $0.2257 +0.0%
Mar 31, 1992 $0.2257 +13.0%
Dec 30, 1991 $0.1997 +0.0%
Sep 30, 1991 $0.1997 +0.0%
Jun 28, 1991 $0.1997 +0.0%
Apr 1, 1991 $0.1997 +81.5%
Dec 28, 1990 $0.11 -42.4%
Oct 1, 1990 $0.191 +0.0%
Jun 28, 1990 $0.191 +0.0%
Mar 30, 1990 $0.191 +0.0%
Dec 29, 1989 $0.191 +0.0%
Sep 29, 1989 $0.191 +0.0%
Aug 4, 1989 $0.6875 Special
Jun 28, 1989 $0.191 +0.0%
Mar 30, 1989 $0.191 +10.0%
Feb 6, 1989 $0.6875 Special
Dec 29, 1988 $0.1736 -20.0%
Nov 4, 1988 $0.6875 Special
Sep 29, 1988 $0.217 +25.0%
Jun 28, 1988 $0.1736 +0.0%
Apr 4, 1988 $0.1736 +0.0%
Jan 4, 1988 $0.1736 -20.0%
Oct 5, 1987 $0.217 +25.0%
Jul 6, 1987 $0.1736 +0.0%
Apr 6, 1987 $0.1736 +0.0%
Jan 5, 1987 $0.1736

IBCP dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Feb 3, 2026 Raised 7.7% $0.26 $0.28 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

IBCP scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Independent Bank Corporation

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans; and investment and financial services.

Sector: Financial Services. Industry: Banks - Regional. First dividend on our records: Jan 5, 1987. 144 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

IBCP dividend FAQ

When is IBCP's next ex-dividend date?

IBCP's next ex-dividend date is Nov 3, 2026 (in 55 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.28 per share, expected on Nov 13, 2026.

How often does IBCP pay dividends?

IBCP pays dividends every quarter, 4 times a year. The most recent payment was $0.28 per share with an ex-date of Aug 4, 2026.

What is IBCP's dividend yield?

IBCP's trailing 12-month dividend yield is 2.97%, based on $1.10 per share paid over the last year and a share price of $36.99. The forward yield, using the indicated annual rate of $1.12 per share, is 3.03%.

How much does IBCP pay per share?

IBCP pays about $0.28 per share each quarter, which works out to roughly $1.12 per share a year. 100 shares would collect about $112.00 a year.

Has IBCP grown or cut its dividend?

IBCP has raised its annual dividend for 11 consecutive years. Over the last 5 years the regular payout has grown at 5.8% a year (+7.8% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of IBCP do I need to earn $100 a month?

At the current forward yield of 3.03%, you would need about 1,072 shares of IBCP (roughly $39,632 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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