# Independent (IBCP) — Dividends

IBCP · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/ibcp/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $1.10 |
| Forward yield | 3.12% |
| Growth streak | 5 years |

Independent Bank pays a quarterly dividend of $0.28 per share. Its most recent payment had an [ex-date](/instructions/learning/ex-dividend-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](/instructions/learning/dividend-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.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Aug 4, 2026 | Aug 14, 2026 | $0.28 |
| May 4, 2026 | May 14, 2026 | $0.28 |
| Feb 3, 2026 | Feb 13, 2026 | $0.28 |
| Nov 4, 2025 | Nov 14, 2025 | $0.26 |
| Aug 5, 2025 | Aug 15, 2025 | $0.26 |
| May 5, 2025 | May 15, 2025 | $0.26 |
| Feb 4, 2025 | Feb 14, 2025 | $0.26 |
| Nov 5, 2024 | Nov 15, 2024 | $0.24 |
| Aug 5, 2024 | Aug 15, 2024 | $0.24 |
| May 2, 2024 | May 13, 2024 | $0.24 |
| Feb 2, 2024 | Feb 15, 2024 | $0.24 |
| Nov 2, 2023 | Nov 13, 2023 | $0.23 |
| Aug 3, 2023 | Aug 14, 2023 | $0.23 |
| May 4, 2023 | May 15, 2023 | $0.23 |
| Feb 15, 2023 | Feb 24, 2023 | $0.23 |
| Nov 3, 2022 | Nov 14, 2022 | $0.22 |
| Aug 4, 2022 | Aug 16, 2022 | $0.22 |
| May 4, 2022 | May 16, 2022 | $0.22 |
| Feb 3, 2022 | Feb 15, 2022 | $0.22 |
| 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 $35.29. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### 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](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has IBCP been raising its dividend?

Yes — Independent has increased its dividend for 5 consecutive calendar years.

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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.

Data provided by [AInvest](https://www.ainvest.com).