Independent Bank Corp - Mich

Small-Cap Stocks Bank & Financial Stocks Best Dividend Stocks

$38.31

-0.15 (-0.39%)

As of Aug 14, 8:55 PM ET ·

Dividend Overview

2.91%

Dividend Yield

+1.61% 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$38.31

Dividend Income Calculator

If you invest $10,000 in IBCP at $38.31/share

Monthly

$22.67

Quarterly

$68.02

Annually

$272.07

261 shares Based on current price of $38.31 per share

To earn $100/month in dividends

You would need 1,152 shares

$44,133.12

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%	$23.32
IBN ICICI Bank Limited	0.86%	$9.96	13.8%	$29.64
JPM JPMorgan Chase & Co	1.65%	$6.05	29.1%	$362.84
BAC Bank of America Corp	2.00%	$1.29	31.3%	$64.49
RY Royal Bank Of Canada	2.35%	$6.25	43.2%	$216.56
TD Toronto-Dominion Bank	2.52%	$4.46	37.3%	$124.36
WFC Wells Fargo & Co	2.27%	$2.03	30.4%	$88.82
C Citigroup Inc	1.93%	$2.96	37.6%	$139.33
BMO Bank Of Montreal	2.67%	$7.00	57.8%	$185.81
CM Can Imperial Bk Of Commerce	2.51%	$4.27	47.4%	$123.74