Is Independent Bank Corporation a good dividend stock?

Independent Bank Corporation (IBCP) is a dividend-paying stock with a current dividend yield of 3.00%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is IBCP's dividend yield?

The dividend yield for IBCP stock is currently 3.00%.

How much does IBCP pay in dividends per year?

Independent Bank Corporation pays an annual dividend of $1.0800 per share over the trailing twelve months.

How often does IBCP pay dividends?

IBCP stock pays dividends quarterly.

Is IBCP's dividend growing?

Independent Bank Corporation's 3-year dividend CAGR is 6.27%.

IBCP Stock Price, Chart, Stats & News

Independent Bank Corporation

Save

Overview Dividend safety Dividends Fundamentals

Independent Bank Corporation (IBCP) is a dividend-paying stock with a current dividend yield of 3.00% as of Jun 29, 2026. It pays $1.08 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 5.66% 5-year compound annual rate.

742.65M

Market cap

10.76x

Current P/E

12.05x

Forward P/E

3.00%

Dividend yield

$1.08

IBCP dividend

Dividend safety

Strong

Dividend coverage looks healthy — IBCP pays out about 32% of earnings.

See the safety analysis

IBCP chart

Loading chart...

Fundamentals

Gross margin	69.13%
Operating margin	26.24%
Pretax margin	26.24%
Net margin	22.12%
Effective tax rate	15.68%
ROA	1.24%
ROE	14.20%
D/E	0.23x
Interest coverage ratio	0.91x

All financials

IBCP valuation

P/E	10.76x
P/S	2.15x
P/B	1.33x
P/CF	8.73x
P/FCF	9.51x
P/OCF	8.73x
PEG	16.01x
EV multiple	6.79x

About

As the holding company for Independent Bank, Independent Bank Corporation provides diverse banking services to both individual consumers and businesses. Its comprehensive suite of offerings includes checking and savings accounts, commercial lending, direct and indirect consumer financing, and mortgage solutions, along with safe deposit boxes. Customers also benefit from accessible automatic teller machines, internet banking, and mobile banking capabilities.