Independent Bank Corp - Mich

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

$36.56

-0.18 (-0.49%)

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$36.56

Dividend Income Calculator

If you invest $10,000 in IBCP at $36.56/share

Monthly

$23.71

Quarterly

$71.14

Annually

$284.58

273 shares Based on current price of $36.56 per share

To earn $100/month in dividends

You would need 1,152 shares

$42,117.12

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%	$25.88
IBN ICICI Bank Limited	0.86%	$9.96	13.8%	$34.53
JPM JPMorgan Chase & Co	2.74%	$6.05	29.1%	$344.37
RY Royal Bank Of Canada	4.54%	$6.25	43.2%	$202.64
BAC Bank of America Corp	3.23%	$1.29	31.3%	$50.51
TD Toronto-Dominion Bank	4.61%	$4.46	37.3%	$123.80
WFC Wells Fargo & Co	2.27%	$2.03	30.4%	$85.76
C Citigroup Inc	4.69%	$2.96	37.6%	$124.06
BMO Bank Of Montreal	5.33%	$7.00	57.8%	$172.93
BNS Bank Of Nova Scotia	7.05%	$4.74	75.4%	$92.66