Annual Dividend (TTM)
$1.0600
Quarterly
IBCP
(NASDAQ)Independent Bank Corporation
$36.66-- (--)
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Independent Bank (IBCP) Dividend History
Complete ex-dividend dates, payment schedules, dividend yields, CAGR growth rates, and payout ratios.
Dividend Yield
2.89%
Last ex-date: Feb 3, 2026
Payout Ratio (TTM)
32.38%
Percentage of earnings paid as dividends
Dividend Growth
8.16%
Year-over-year change
Independent Bank (IBCP) Dividend Statistics & Metrics
Comprehensive dividend yields, CAGR growth rates, payout ratios, and payment frequency analysis
Payment Details
Dividend payment schedule and frequency details
FrequencyQuarterly
Last Payment$0.2800
Last Ex-DateFeb 3, 2026
Last Payment DateFeb 13, 2026
Growth Metrics
Dividend CAGR and consecutive years of growth
TTM Growth (YoY)8.16%
3-Year CAGR-32.73%
5-Year CAGR-19.73%
10-Year CAGR-1.92%
Historical Averages
Multi-year dividend averages and payout ratio
Payout Ratio (TTM)32.38%
5-Year Average$0.8160
10-Year Average$0.7460
First PaymentOct 4, 1985
Independent Bank (IBCP) Dividend Payment History
Complete ex-dividend dates, record dates, payment dates, amounts, and frequency
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| Ex-Dividend Date | Record Date | Payment Date | Declaration Date | Amount | Frequency |
|---|---|---|---|---|---|
| Feb 3, 2026 | Feb 3, 2026 | Feb 13, 2026 | Jan 16, 2026 | $0.2800 | Quarterly |
| Nov 4, 2025 | Nov 4, 2025 | Nov 14, 2025 | Oct 21, 2025 | $0.2600 | Quarterly |
| Aug 5, 2025 | Aug 5, 2025 | Aug 15, 2025 | Jul 22, 2025 | $0.2600 | Quarterly |
| May 5, 2025 | May 5, 2025 | May 15, 2025 | Apr 22, 2025 | $0.2600 | Quarterly |
| Feb 4, 2025 | Feb 4, 2025 | Feb 14, 2025 | Jan 10, 2025 | $0.2600 | Quarterly |
| Nov 5, 2024 | Nov 5, 2024 | Nov 15, 2024 | Oct 22, 2024 | $0.2400 | Quarterly |
| Aug 5, 2024 | Aug 5, 2024 | Aug 15, 2024 | Jul 23, 2024 | $0.2400 | Quarterly |
| May 2, 2024 | May 3, 2024 | May 13, 2024 | Apr 23, 2024 | $0.2400 | Quarterly |
| Feb 2, 2024 | Feb 5, 2024 | Feb 15, 2024 | Jan 23, 2024 | $0.2400 | Quarterly |
| Nov 2, 2023 | Nov 3, 2023 | Nov 13, 2023 | Oct 17, 2023 | $0.2300 | Quarterly |
| Aug 3, 2023 | Aug 4, 2023 | Aug 14, 2023 | Jul 18, 2023 | $0.2300 | Quarterly |
| May 4, 2023 | May 5, 2023 | May 15, 2023 | Apr 25, 2023 | $0.2300 | Quarterly |
| Feb 15, 2023 | Feb 16, 2023 | Feb 24, 2023 | Feb 6, 2023 | $0.2300 | Quarterly |
| Nov 3, 2022 | Nov 4, 2022 | Nov 14, 2022 | Oct 18, 2022 | $0.2200 | Quarterly |
| Aug 4, 2022 | Aug 5, 2022 | Aug 16, 2022 | Jul 19, 2022 | $0.2200 | Quarterly |
| May 4, 2022 | May 5, 2022 | May 16, 2022 | Apr 19, 2022 | $0.2200 | Quarterly |
| Feb 3, 2022 | Feb 4, 2022 | Feb 15, 2022 | Jan 24, 2022 | $0.2200 | Quarterly |
| Nov 4, 2021 | Nov 5, 2021 | Nov 15, 2021 | Oct 19, 2021 | $0.2100 | Quarterly |
| Aug 5, 2021 | Aug 6, 2021 | Aug 16, 2021 | Jul 27, 2021 | $0.2100 | Quarterly |
| May 4, 2021 | May 5, 2021 | May 14, 2021 | Apr 20, 2021 | $0.2100 | Quarterly |
| Feb 4, 2021 | Feb 5, 2021 | Feb 16, 2021 | Jan 25, 2021 | $0.2100 | Quarterly |
| Nov 4, 2020 | - | Nov 16, 2020 | Oct 20, 2020 | $0.2000 | Quarterly |
| Aug 3, 2020 | - | Aug 14, 2020 | Jul 21, 2020 | $0.2000 | Quarterly |
| May 4, 2020 | - | May 15, 2020 | Apr 21, 2020 | $0.2000 | Quarterly |
| Feb 4, 2020 | - | Feb 14, 2020 | Jan 20, 2020 | $0.2000 | Quarterly |
| Nov 5, 2019 | - | Nov 15, 2019 | Oct 22, 2019 | $0.1800 | Quarterly |
| Aug 5, 2019 | - | Aug 15, 2019 | Jul 23, 2019 | $0.1800 | Quarterly |
| May 3, 2019 | - | May 15, 2019 | Apr 23, 2019 | $0.1800 | Quarterly |
| Feb 4, 2019 | - | Feb 15, 2019 | Jan 21, 2019 | $0.1800 | Quarterly |
| Nov 2, 2018 | - | Nov 15, 2018 | Oct 23, 2018 | $0.1500 | Quarterly |
| Aug 3, 2018 | - | Aug 15, 2018 | Jul 23, 2018 | $0.1500 | Quarterly |
| May 4, 2018 | - | May 15, 2018 | Apr 24, 2018 | $0.1500 | Quarterly |
| Feb 6, 2018 | - | Feb 15, 2018 | Jan 22, 2018 | $0.1500 | Quarterly |
| Nov 3, 2017 | - | Nov 15, 2017 | Oct 24, 2017 | $0.1200 | Quarterly |
| Aug 3, 2017 | - | Aug 15, 2017 | Jul 25, 2017 | $0.1000 | Quarterly |
| May 4, 2017 | - | May 15, 2017 | Apr 26, 2017 | $0.1000 | Quarterly |
| Feb 6, 2017 | - | Feb 15, 2017 | Jan 24, 2017 | $0.1000 | Quarterly |
| Nov 3, 2016 | - | Nov 15, 2016 | Oct 25, 2016 | $0.1000 | Quarterly |
| Aug 4, 2016 | - | Aug 15, 2016 | Jul 26, 2016 | $0.0800 | Quarterly |
| May 4, 2016 | - | May 16, 2016 | Apr 26, 2016 | $0.0800 | Quarterly |
| Feb 3, 2016 | - | Feb 16, 2016 | Jan 21, 2016 | $0.0800 | Quarterly |
| Nov 5, 2015 | - | Nov 16, 2015 | Oct 29, 2015 | $0.0800 | Quarterly |
| Aug 5, 2015 | - | Aug 17, 2015 | Jul 27, 2015 | $0.0600 | Quarterly |
| May 1, 2015 | - | May 15, 2015 | Apr 22, 2015 | $0.0600 | Quarterly |
| Feb 4, 2015 | - | Feb 17, 2015 | Jan 21, 2015 | $0.0600 | Quarterly |
| Nov 5, 2014 | - | Nov 17, 2014 | Oct 28, 2014 | $0.0600 | Quarterly |
| Aug 1, 2014 | - | Aug 15, 2014 | Jul 22, 2014 | $0.0600 | Quarterly |
| Apr 28, 2014 | - | May 15, 2014 | Apr 16, 2014 | $0.0600 | - |
| Oct 1, 2009 | - | Oct 30, 2009 | Sep 23, 2009 | $0.1000 | Quarterly |
| Jul 1, 2009 | - | Jul 31, 2009 | Jun 24, 2009 | $0.1000 | Quarterly |
| Apr 2, 2009 | - | Apr 30, 2009 | Mar 10, 2009 | $0.1000 | Quarterly |
| Dec 31, 2008 | - | Jan 30, 2009 | Dec 23, 2008 | $0.1000 | Quarterly |
| Oct 2, 2008 | - | Oct 31, 2008 | Sep 24, 2008 | $0.1000 | Quarterly |
| Jul 2, 2008 | - | Jul 31, 2008 | Jun 26, 2008 | $0.1000 | Quarterly |
| Apr 2, 2008 | - | Apr 30, 2008 | Mar 19, 2008 | $1.1000 | Quarterly |
| Jan 2, 2008 | - | Jan 31, 2008 | Nov 21, 2007 | $2.1000 | Quarterly |
| Oct 3, 2007 | - | Oct 31, 2007 | Aug 3, 2007 | $2.1000 | Quarterly |
| Jul 2, 2007 | - | Jul 31, 2007 | May 25, 2007 | $2.1000 | Quarterly |
| Apr 3, 2007 | - | Apr 30, 2007 | Mar 21, 2007 | $2.1000 | Quarterly |
| Jan 3, 2007 | - | Jan 31, 2007 | Dec 5, 2006 | $2.0000 | Quarterly |
| Oct 3, 2006 | - | Oct 31, 2006 | Aug 1, 2006 | $2.0000 | Quarterly |
| Jun 30, 2006 | - | Jul 31, 2006 | May 23, 2006 | $1.9048 | Quarterly |
| Apr 3, 2006 | - | Apr 28, 2006 | Feb 6, 2006 | $1.9048 | Quarterly |
| Jan 3, 2006 | - | Jan 31, 2006 | Dec 6, 2005 | $1.8095 | Quarterly |
| Oct 3, 2005 | - | Oct 31, 2005 | Sep 20, 2005 | $1.8095 | Quarterly |
| Jun 30, 2005 | - | Jul 29, 2005 | May 17, 2005 | $1.7234 | Quarterly |
| Apr 1, 2005 | - | Apr 29, 2005 | Feb 9, 2005 | $1.7234 | Quarterly |
| Jan 3, 2005 | - | Jan 31, 2005 | Nov 23, 2004 | $1.5419 | Quarterly |
| Oct 1, 2004 | - | Oct 29, 2004 | Sep 24, 2004 | $1.5419 | Quarterly |
| Jul 1, 2004 | - | Jul 30, 2004 | Jun 15, 2004 | $1.4512 | Quarterly |
| Apr 1, 2004 | - | Apr 30, 2004 | Mar 19, 2004 | $1.4512 | Quarterly |
| Dec 31, 2003 | - | Jan 30, 2004 | Dec 4, 2003 | $1.4512 | Quarterly |
| Oct 2, 2003 | - | Oct 31, 2003 | Sep 19, 2003 | $1.5964 | Quarterly |
| Jul 1, 2003 | - | Jul 31, 2003 | May 23, 2003 | $1.3193 | Quarterly |
| Apr 2, 2003 | - | Apr 30, 2003 | Mar 21, 2003 | $1.1544 | Quarterly |
| Jan 2, 2003 | - | Jan 31, 2003 | Nov 19, 2002 | $1.7316 | Quarterly |
| Oct 2, 2002 | - | Oct 31, 2002 | Sep 18, 2002 | $0.9895 | Quarterly |
| Jul 2, 2002 | - | Jul 31, 2002 | May 22, 2002 | $0.9424 | Quarterly |
| Apr 3, 2002 | - | Apr 30, 2002 | Mar 20, 2002 | $0.9424 | Quarterly |
| Jan 3, 2002 | - | Jan 31, 2002 | Dec 13, 2001 | $0.9424 | Quarterly |
| Oct 3, 2001 | - | Oct 31, 2001 | Sep 19, 2001 | $0.8377 | Quarterly |
| Jul 2, 2001 | - | Jul 31, 2001 | Jun 13, 2001 | $0.7978 | Quarterly |
| Apr 3, 2001 | - | Apr 30, 2001 | Mar 22, 2001 | $0.7978 | Quarterly |
| Jan 3, 2001 | - | Jan 31, 2001 | Dec 18, 2000 | $0.7479 | Quarterly |
| Oct 3, 2000 | - | Oct 31, 2000 | Sep 20, 2000 | $0.7479 | Quarterly |
| Jun 30, 2000 | - | Jul 28, 2000 | Jun 22, 2000 | $0.7123 | Quarterly |
| Apr 3, 2000 | - | Apr 28, 2000 | Mar 15, 2000 | $0.7123 | Quarterly |
| Jan 3, 2000 | - | Jan 31, 2000 | Nov 16, 1999 | $0.6648 | Quarterly |
| Oct 1, 1999 | - | Oct 31, 1999 | Sep 22, 1999 | $0.6648 | Quarterly |
| Jun 30, 1999 | - | Jul 30, 1999 | May 18, 1999 | $0.6332 | Quarterly |
| Mar 31, 1999 | - | Apr 30, 1999 | Mar 17, 1999 | $0.6332 | Quarterly |
| Dec 31, 1998 | - | Jan 29, 1999 | Dec 11, 1998 | $0.5879 | Quarterly |
| Oct 1, 1998 | - | Oct 30, 1998 | - | $0.5879 | Quarterly |
| Jun 30, 1998 | - | Jul 31, 1998 | Jun 16, 1998 | $0.5599 | Quarterly |
| Apr 2, 1998 | - | Apr 30, 1998 | Mar 24, 1998 | $0.5599 | Quarterly |
| Dec 31, 1997 | - | Jan 30, 1998 | Nov 19, 1997 | $0.5312 | Quarterly |
| Oct 1, 1997 | - | Oct 31, 1997 | Sep 17, 1997 | $0.5312 | Quarterly |
| Jul 1, 1997 | - | Jul 31, 1997 | Jun 9, 1997 | $0.5059 | Quarterly |
| Apr 2, 1997 | - | Apr 30, 1997 | Mar 19, 1997 | $0.5059 | Quarterly |
| Jan 2, 1997 | - | Jan 31, 1997 | Dec 18, 1996 | $0.4740 | Quarterly |
| Oct 2, 1996 | - | Oct 31, 1996 | Sep 18, 1996 | $0.4740 | Quarterly |
| Jul 2, 1996 | - | Jul 31, 1996 | Jun 20, 1996 | $0.4514 | Quarterly |
| Apr 2, 1996 | - | Apr 30, 1996 | Mar 19, 1996 | $0.4514 | Quarterly |
| Jan 3, 1996 | - | Jan 31, 1996 | Dec 19, 1995 | $0.3993 | Quarterly |
| Oct 3, 1995 | - | Oct 31, 1995 | Sep 18, 1995 | $0.4167 | Quarterly |
| Jul 3, 1995 | - | Jul 31, 1995 | Jun 20, 1995 | $0.3969 | Quarterly |
| Mar 30, 1995 | - | Apr 28, 1995 | Mar 21, 1995 | $0.3969 | Quarterly |
| Dec 29, 1994 | - | Jan 31, 1995 | - | $0.3307 | Quarterly |
| Sep 29, 1994 | - | Oct 31, 1994 | - | $0.3307 | Quarterly |
| Jun 28, 1994 | - | Jul 29, 1994 | - | $0.3307 | Quarterly |
| Mar 29, 1994 | - | Apr 29, 1994 | - | $0.3307 | Quarterly |
| Dec 30, 1993 | - | Jan 31, 1994 | - | $0.2480 | Quarterly |
| Sep 29, 1993 | - | Oct 29, 1993 | - | $0.2480 | Quarterly |
| Jun 29, 1993 | - | Jul 30, 1993 | - | $0.2480 | Quarterly |
| Mar 30, 1993 | - | Apr 30, 1993 | - | $0.2480 | Quarterly |
| Dec 29, 1992 | - | Jan 29, 1993 | - | $0.2150 | Quarterly |
| Sep 29, 1992 | - | Oct 30, 1992 | - | $0.2150 | Quarterly |
| Jun 29, 1992 | - | Jul 31, 1992 | - | $0.2150 | Quarterly |
| Mar 31, 1992 | - | Apr 30, 1992 | - | $0.2150 | Quarterly |
| Dec 30, 1991 | - | Jan 31, 1992 | - | $0.1902 | Quarterly |
| Sep 30, 1991 | - | Oct 31, 1991 | - | $0.1902 | Quarterly |
| Jun 28, 1991 | - | Jul 31, 1991 | - | $0.1902 | Quarterly |
| Apr 1, 1991 | - | Apr 30, 1991 | - | $0.1902 | Quarterly |
| Dec 28, 1990 | - | Jan 31, 1991 | - | $0.1819 | Quarterly |
| Oct 1, 1990 | - | Oct 31, 1990 | Sep 20, 1990 | $0.1819 | Quarterly |
| Jun 28, 1990 | - | Jul 31, 1990 | Jun 21, 1990 | $0.1819 | Quarterly |
| Mar 30, 1990 | - | Apr 30, 1990 | Mar 30, 1990 | $0.1819 | Quarterly |
| Dec 29, 1989 | - | Jan 31, 1990 | Dec 21, 1989 | $0.1910 | Quarterly |
| Sep 29, 1989 | - | Oct 31, 1989 | Sep 27, 1989 | $0.1910 | Quarterly |
| Jun 28, 1989 | - | Jul 31, 1989 | Jun 22, 1989 | $0.1910 | Quarterly |
| Mar 30, 1989 | - | Apr 28, 1989 | Mar 22, 1989 | $0.1910 | - |
| Dec 29, 1988 | - | Jan 31, 1989 | Dec 20, 1988 | $0.1736 | - |
| Sep 29, 1988 | - | Oct 31, 1988 | Sep 22, 1988 | $0.2170 | - |
| Jun 28, 1988 | - | Jul 30, 1988 | Jun 24, 1988 | $0.1736 | - |
| Apr 4, 1988 | - | Apr 30, 1988 | Mar 23, 1988 | $0.1736 | - |
| Jan 4, 1988 | - | Jan 30, 1988 | Dec 23, 1987 | $0.1736 | - |
| Oct 5, 1987 | - | Oct 20, 1987 | Sep 23, 1987 | $0.2170 | - |
| Jul 6, 1987 | - | Jul 20, 1987 | Jun 24, 1987 | $0.1736 | - |
| Apr 6, 1987 | - | Apr 20, 1987 | Apr 1, 1987 | $0.1736 | - |
| Jan 5, 1987 | - | Jan 20, 1987 | Dec 12, 1986 | $0.1736 | - |
| Oct 6, 1986 | - | Oct 6, 1986 | - | $0.0248 | - |
| Jul 3, 1986 | - | Jul 3, 1986 | - | $0.0998 | - |
| Apr 4, 1986 | - | Apr 4, 1986 | - | $0.0998 | - |
| Jan 6, 1986 | - | Jan 6, 1986 | - | $0.0998 | - |
| Oct 4, 1985 | - | Oct 4, 1985 | - | $0.0193 | - |