Independent Bank Corp - Mich

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

$36.04

-0.19 (-0.52%)

Dividend Overview

3.15%

Dividend Yield

+1.85% 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$36.04

Dividend Income Calculator

If you invest $10,000 in IBCP at $36.04/share

Monthly

$24.06

Quarterly

$72.19

Annually

$288.74

277 shares Based on current price of $36.04 per share

To earn $100/month in dividends

You would need 1,152 shares

$41,518.08

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%	$25.90
IBN ICICI Bank Limited	0.86%	$9.96	13.8%	$29.20
JPM JPMorgan Chase & Co	1.79%	$6.05	29.1%	$328.62
BAC Bank of America Corp	1.92%	$1.29	31.3%	$57.18
RY Royal Bank Of Canada	2.43%	$6.25	43.2%	$206.44
TD Toronto-Dominion Bank	2.53%	$4.46	37.3%	$121.06
WFC Wells Fargo & Co	2.27%	$2.03	30.4%	$82.81
C Citigroup Inc	1.66%	$2.96	37.6%	$140.44
BMO Bank Of Montreal	2.76%	$7.00	57.8%	$176.23
BNS Bank Of Nova Scotia	3.72%	$4.74	75.4%	$86.61