Independent Bank Corporation Dividends | Yield & Payout

Dividend history and payout analysis for Independent Bank Corporation (IBCP). Use the fiscal-year summary and the payout history table below to track dividend per share, dividend yield, and payout ratio changes over time, plus the key dates investors watch for dividend investing.

Dividend Performance Chart

Dividend Summary (FY)

37 years
Metric (FY)2025202420232022202120202019201820172016201520142009200820072006200520042003200220012000199919981997199619951994199319921991199019891988198719861985
Dividends per share (FY)$1.04$0.96$0.92$0.88$0.84$0.80$0.72$0.60$0.42$0.34$0.26$0.18$0.03$0.35$0.83$0.78$0.74$0.35$0.76$0.72$0.63$0.59$0.42$0.49$0.98$1.02$0.72$0.80$0.60$0.52$0.47$0.40$0.44$0.53$0.43$0.19$0.01
Dividend yield (FY) %N/A2.76%3.55%3.68%3.52%4.35%3.20%2.85%1.88%1.56%1.70%1.38%19.69%15.64%8.77%3.03%2.47%1.86%1.80%2.15%2.05%2.71%2.64%2.41%1.72%2.73%3.30%2.94%2.95%2.67%4.17%8.55%6.76%6.39%6.07%2.31%N/A
Payout ratio (FY) %N/A30.01%32.72%29.30%28.87%31.38%35.65%35.28%43.76%31.95%29.45%22.91%-3.75%-8.48%182.23%52.85%33.52%31.01%29.37%28.53%29.66%33.06%52.87%30.25%213.33%34.18%35.29%31.67%25.93%25.00%31.58%37.93%40.74%56.87%39.26%18.30%N/A

Dividend Payout History

100 payments
Pay DateEx-DateRecord DateAmount
2025-11-14November 04, 252025-11-04$0.26
2025-08-15August 05, 252025-08-05$0.26
2025-05-15May 05, 252025-05-05$0.26
2025-02-14February 04, 252025-02-04$0.26
2024-11-15November 05, 242024-11-05$0.24
2024-08-15August 05, 242024-08-05$0.24
2024-05-13May 02, 242024-05-03$0.24
2024-02-15February 02, 242024-02-05$0.24
2023-11-13November 02, 232023-11-03$0.23
2023-08-14August 03, 232023-08-04$0.23
2023-05-15May 04, 232023-05-05$0.23
2023-02-24February 15, 232023-02-16$0.23
2022-11-14November 03, 222022-11-04$0.22
2022-08-16August 04, 222022-08-05$0.22
2022-05-16May 04, 222022-05-05$0.22
2022-02-15February 03, 222022-02-04$0.22
2021-11-15November 04, 212021-11-05$0.21
2021-08-16August 05, 212021-08-06$0.21
2021-05-14May 04, 212021-05-05$0.21
2021-02-16February 04, 212021-02-05$0.21
2020-11-16November 04, 202020-11-05$0.20
2020-08-14August 03, 202020-08-04$0.20
2020-05-15May 04, 202020-05-05$0.20
2020-02-14February 04, 202020-02-05$0.20
2019-11-15November 05, 192019-11-06$0.18
2019-08-15August 05, 192019-08-06$0.18
2019-05-15May 03, 192019-05-06$0.18
2019-02-15February 04, 192019-02-05$0.18
2018-11-15November 02, 182018-11-05$0.15
2018-08-15August 03, 182018-08-06$0.15
2018-05-15May 04, 182018-05-07$0.15
2018-02-15February 06, 182018-02-07$0.15
2017-11-15November 03, 172017-11-06$0.12
2017-08-15August 03, 172017-08-07$0.10
2017-05-15May 04, 172017-05-08$0.10
2017-02-15February 06, 172017-02-08$0.10
2016-11-15November 03, 162016-11-07$0.10
2016-08-15August 04, 162016-08-08$0.08
2016-05-16May 04, 162016-05-06$0.08
2016-02-16February 03, 162016-02-05$0.08
2015-11-16November 05, 152015-11-09$0.08
2015-08-17August 05, 152015-08-07$0.06
2015-05-15May 01, 152015-05-05$0.06
2015-02-17February 04, 152015-02-06$0.06
2014-11-17November 05, 142014-11-07$0.06
2014-08-15August 01, 142014-08-05$0.06
2014-05-15April 28, 142014-04-30$0.06
2009-10-30October 01, 092009-10-05$0.01
2009-07-31July 01, 092009-07-06$0.01
2009-04-30April 02, 092009-04-06$0.01
2009-01-30December 31, 082009-01-05$0.01
2008-10-31October 02, 082008-10-06$0.01
2008-07-31July 02, 082008-07-07$0.01
2008-04-30April 02, 082008-04-04$0.11
2008-01-31January 02, 082008-01-04$0.21
2007-10-31October 03, 072007-10-05$0.21
2007-07-31July 02, 072007-07-05$0.21
2007-04-30April 03, 072007-04-05$0.21
2007-01-31January 03, 072007-01-05$0.20
2006-10-31October 03, 062006-10-05$0.19
2006-07-31June 30, 062006-07-05$0.20
2006-04-28April 03, 062006-04-05$0.20
2006-01-31January 03, 062006-01-05$0.19
2005-10-31October 03, 052005-10-05$0.19
2005-07-29June 30, 052005-07-05$0.19
2005-04-29April 01, 052005-04-05$0.19
2005-01-31January 03, 052005-01-05$0.17
2004-10-29October 01, 042004-10-05$0.17
2004-07-30July 01, 042004-07-06$0.16
2004-04-30April 01, 042004-04-05$0.02
2004-01-30December 31, 032004-01-05$0.16
2003-10-31October 02, 032003-10-06$0.16
2003-07-31July 01, 032003-07-03$0.16
2003-04-30April 02, 032003-04-04$0.14
2003-01-31January 02, 032003-01-06$0.14
2002-10-31October 02, 022002-10-04$0.18
2002-07-31July 02, 022002-07-05$0.18
2002-04-30April 03, 022002-04-05$0.18
2002-01-31January 03, 022002-01-07$0.18
2001-10-31October 03, 012001-10-05$0.16
2001-07-31July 02, 012001-07-05$0.16
2001-04-30April 03, 012001-04-05$0.16
2001-01-31January 03, 012001-01-05$0.15
2000-10-31October 03, 002000-10-05$0.15
2000-07-28June 30, 002000-07-05$0.15
2000-04-28April 03, 002000-04-05$0.15
2000-01-31January 03, 002000-01-05$0.14
1999-10-31October 01, 991999-10-05$0.14
1999-07-30June 30, 991999-07-02$0.14
1999-04-30March 31, 991999-04-05$0.14
1999-01-29December 31, 981999-01-05$0.13
N/AOctober 01, 98N/A$0.03
1998-07-31June 30, 981998-07-03$0.13
1998-04-30April 02, 981998-04-06$0.20
1998-01-30December 31, 971998-01-05$0.18
1997-10-31October 01, 971997-10-03$0.18
1997-07-31July 01, 971997-07-05$0.18
1997-04-30April 02, 971997-04-04$0.18
1997-01-31January 02, 971997-01-06$0.26
1996-10-31October 02, 961996-10-04$0.26

Frequently Asked Questions

What is Independent Bank Corporation's current dividend yield and payout ratio?

The dividend yield shows how much Independent Bank Corporation returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has Independent Bank Corporation's dividend changed over the last 5 years?

By reviewing the historical dividend payouts for Independent Bank Corporation, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is Independent Bank Corporation a high-yield stock compared to its industry peers?

Comparing Independent Bank Corporation's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can Independent Bank Corporation maintain its dividend during market downturns?

Analyzing Independent Bank Corporation's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider Independent Bank Corporation dividends as part of my long-term investment strategy?

Investors often include Independent Bank Corporation dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.