STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.95
Forward Annual Dividend Rate
$0.96
Yield
Trailing Annual Dividend Yield
2.92%
Forward Annual Dividend Yield
2.94%
Dividend Date
Dividend Date
Nov 14, 2025
Ex-dividend Date
Nov 04, 2025
4.13 %
30.98
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 21, 2025 | 0.26 | Nov 04, 2025 | Nov 04, 2025 | Nov 14, 2025 |
| Jul 22, 2025 | 0.26 | Aug 05, 2025 | Aug 05, 2025 | Aug 15, 2025 |
| Apr 22, 2025 | 0.26 | May 05, 2025 | May 05, 2025 | May 15, 2025 |
| Jan 10, 2025 | 0.26 | Feb 04, 2025 | Feb 04, 2025 | Feb 14, 2025 |
| Oct 22, 2024 | 0.24 | Nov 05, 2024 | Nov 05, 2024 | Nov 15, 2024 |
| Jul 23, 2024 | 0.24 | Aug 05, 2024 | Aug 05, 2024 | Aug 15, 2024 |
| Apr 23, 2024 | 0.24 | May 02, 2024 | May 03, 2024 | May 13, 2024 |
| Jan 23, 2024 | 0.24 | Feb 02, 2024 | Feb 05, 2024 | Feb 15, 2024 |
| Oct 17, 2023 | 0.23 | Nov 02, 2023 | Nov 03, 2023 | Nov 13, 2023 |
| Jul 18, 2023 | 0.23 | Aug 03, 2023 | Aug 04, 2023 | Aug 14, 2023 |
| Apr 25, 2023 | 0.23 | May 04, 2023 | May 05, 2023 | May 15, 2023 |
| Feb 06, 2023 | 0.23 | Feb 15, 2023 | Feb 16, 2023 | Feb 24, 2023 |
| Oct 18, 2022 | 0.22 | Nov 03, 2022 | Nov 04, 2022 | Nov 14, 2022 |
| Jul 19, 2022 | 0.22 | Aug 04, 2022 | Aug 05, 2022 | Aug 16, 2022 |
| Apr 19, 2022 | 0.22 | May 04, 2022 | May 05, 2022 | May 16, 2022 |
| Jan 24, 2022 | 0.22 | Feb 03, 2022 | Feb 04, 2022 | Feb 15, 2022 |
| Oct 19, 2021 | 0.21 | Nov 04, 2021 | Nov 05, 2021 | Nov 15, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Sep 01, 2010 | 1.0:10 | -6.86% | +10.45% |
| Aug 31, 2006 | 105.0:100 | +1.31% | -0.75% |
| Sep 01, 2005 | 105.0:100 | +1.99% | -1.01% |
| Oct 02, 2003 | 11.0:10 | +4.20% | +0.96% |
| Jan 02, 2003 | 3.0:2 | -2.15% | -2.19% |
| Oct 02, 2002 | 105.0:100 | +2.81% | +1.58% |
| Oct 03, 2001 | 105.0:100 | +1.13% | +2.67% |
| Oct 03, 2000 | 105.0:100 | +0.71% | -0.36% |
| Oct 01, 1999 | 105.0:100 | 0 | +3.01% |
| Oct 01, 1998 | 105.0:100 | +0.57% | +16.66% |
| Jul 01, 1998 | 3.0:2 | +2.32% | +0.86% |
| Oct 01, 1997 | 105.0:100 | -2.25% | 0 |
| May 01, 1997 | 3.0:2 | 0 | +1.95% |
| Oct 02, 1996 | 105.0:100 | -1.67% | 0 |
| Oct 03, 1995 | 1.05:1 | 0 | 0 |
Frequently Asked Questions
Is Independent Bank Corporation (IBCP) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Independent Bank Corporation is also among the companies that regularly pay dividends.
What is IBCP's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. IBCP's annual dividend yield for the trailing 12 months is 2.92.
When did IBCP last pay a dividend?
IBCP last paid dividends on 2025-11-14, with the ex-dividend date being 2025-11-04.
When was the last time IBCP stock split?
IBCP stock split took place on 01-09-2010.
How did IBCP's stock split work?
Its last split took place on Sep 1, 2010, when Independent Bank Corporation went through a 1.0:10 split leaving the shareholder with 1.0 share(s) who previously owned 10 IBCP share(s).