Independent Bank Corp - Mich

Small-Cap Stocks Bank & Financial Stocks Best Dividend Stocks Highest Dividend Yield

$35.59

-0.24 (-0.67%)

As of Sep 28, 10:06 PM ET ·

Dividend Overview

4.28%

Dividend Yield

+2.98% vs S&P 500 avg

$1.04

Annual Dividend

Per Payment$0.26

Frequencyquarterly

Payout Ratio31.5%

Ex-DividendMar 12, 2026

Pay DateApr 1, 2026

Stock Price$35.59

Dividend Income Calculator

If you invest $10,000 in IBCP at $35.59/share

Monthly

$24.32

Quarterly

$72.97

Annually

$291.87

280 shares Based on current price of $35.59 per share

To earn $100/month in dividends

You would need 1,152 shares

$40,999.68

investment needed

Dividend Safety

Safe 31.5% payout ratio

Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Banking

Stock	Yield	Annual Div	Payout Ratio	Price
HDB HDFC Bank Limited	1.38%	$12.95	20.9%	$22.55
IBN ICICI Bank Limited	0.86%	$9.96	13.8%	$27.42
JPM JPMorgan Chase & Co	2.74%	$6.05	29.1%	$336.59
BAC Bank of America Corp	3.23%	$1.29	31.3%	$55.47
RY Royal Bank Of Canada	4.54%	$6.25	43.2%	$200.95
TD Toronto-Dominion Bank	4.61%	$4.46	37.3%	$119.55
WFC Wells Fargo & Co	2.27%	$2.03	30.4%	$80.81
C Citigroup Inc	4.69%	$2.96	37.6%	$131.31
BMO Bank Of Montreal	5.33%	$7.00	57.8%	$171.15
BNS Bank Of Nova Scotia	7.05%	$4.74	75.4%	$92.75