Independent Bank Corp - Mich

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

$32.41

-0.27 (-0.83%)

Dividend Overview

3.22%

Dividend Yield

+1.92% vs S&P 500 avg

$0.96

Annual Dividend

Per Payment$0.24

Frequencyquarterly

Payout Ratio30.0%

Ex-DividendMar 12, 2026

Pay DateApr 1, 2026

Stock Price$32.41

Dividend Income Calculator

If you invest $10,000 in IBCP at $32.41/share

Monthly

$24.66

Quarterly

$73.97

Annually

$295.90

308 shares Based on current price of $32.41 per share

To earn $100/month in dividends

You would need 1,250 shares

$40,512.50

investment needed

Dividend Safety

Safe 30.0% 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	1.41%	$12.95	20.9%	$24.63
IBN ICICI Bank Limited	0.87%	$9.96	13.8%	$25.73
JPM JPMorgan Chase & Co	1.95%	$5.21	25.3%	$294.16
BAC Bank of America Corp	2.12%	$1.23	35.2%	$48.75
RY Royal Bank Of Canada	2.80%	$6.25	43.2%	$161.78
WFC Wells Fargo & Co	2.04%	$1.81	31.6%	$79.61
TD Toronto-Dominion Bank	3.31%	$4.46	37.3%	$93.31
C Citigroup Inc	2.14%	$2.96	37.6%	$113.41
BMO Bank Of Montreal	3.64%	$7.00	57.8%	$135.34
CM Can Imperial Bk Of Commerce	3.27%	$4.27	47.4%	$94.75