Independent (IBCP) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $1.10
- Forward yield
- 3.12%
- Payout ratio
- 32.1%
- Growth streak
- 5 years
Independent Bank pays a quarterly dividend of $0.28 per share. Its most recent payment had an ex-date of August 4, 2026 and was paid on August 14, 2026. Over the trailing twelve months, it paid $1.10 per share, a yield of 3.07% at a share price of $35.79.
The record shows a steady annual rhythm. The company has raised its dividend once a year, each time with the payment that goes ex-dividend in February. The rate went from $0.21 to $0.22 in 2022, then to $0.23 in 2023 and $0.24 in 2024. The last two raises were larger, two cents each, to $0.26 in 2025 and $0.28 in 2026. The raises ranged from about 4.4% to 8.3%. Since late 2021, the quarterly rate has grown about 33%. Payments by calendar year rose from $0.88 in 2022 to $1.04 in 2025 The company has increased its dividend for five consecutive calendar years.
Payments go ex-dividend in early February, May, August and November and are paid about ten days later. If the pattern holds, the next payment would go ex-dividend in early November 2026 and be paid in mid-November. Past raises have come with the February payment, not the November one.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 21, 2026 | Aug 4, 2026 | Aug 14, 2026 | $0.28 |
| Apr 21, 2026 | May 4, 2026 | May 14, 2026 | $0.28 |
| Jan 16, 2026 | Feb 3, 2026 | Feb 13, 2026 | $0.28 |
| Oct 21, 2025 | Nov 4, 2025 | Nov 14, 2025 | $0.26 |
| Jul 22, 2025 | Aug 5, 2025 | Aug 15, 2025 | $0.26 |
| Apr 22, 2025 | May 5, 2025 | May 15, 2025 | $0.26 |
| Jan 10, 2025 | Feb 4, 2025 | Feb 14, 2025 | $0.26 |
| Oct 22, 2024 | Nov 5, 2024 | Nov 15, 2024 | $0.24 |
| Jul 23, 2024 | Aug 5, 2024 | Aug 15, 2024 | $0.24 |
| Apr 23, 2024 | May 2, 2024 | May 13, 2024 | $0.24 |
| Jan 23, 2024 | Feb 2, 2024 | Feb 15, 2024 | $0.24 |
| Oct 17, 2023 | Nov 2, 2023 | Nov 13, 2023 | $0.23 |
| Jul 18, 2023 | Aug 3, 2023 | Aug 14, 2023 | $0.23 |
| Apr 25, 2023 | May 4, 2023 | May 15, 2023 | $0.23 |
| Feb 6, 2023 | Feb 15, 2023 | Feb 24, 2023 | $0.23 |
| Oct 18, 2022 | Nov 3, 2022 | Nov 14, 2022 | $0.22 |
| Jul 19, 2022 | Aug 4, 2022 | Aug 16, 2022 | $0.22 |
| Apr 19, 2022 | May 4, 2022 | May 16, 2022 | $0.22 |
| Jan 24, 2022 | Feb 3, 2022 | Feb 15, 2022 | $0.22 |
| Oct 19, 2021 | Nov 4, 2021 | Nov 15, 2021 | $0.21 |
Frequently asked questions
Does Independent (IBCP) pay a dividend?
Yes. Independent pays a quarterly dividend; the most recent payment was $0.28 per share.
What is IBCP's dividend yield?
Independent paid $1.10 per share over the trailing twelve months, a yield of 3.12% at the last price of $35.27. Click here to learn more
When is IBCP's most recent ex-dividend date?
Independent's most recent ex-dividend date is Aug 4, 2026, payable on Aug 14, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has IBCP been raising its dividend?
Yes — Independent has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.