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IBCP Projected Dividend Yield

Independent Bank Corporation (Ionia, MI) ( NASDAQ : IBCP )

Independent Bank Corporation is a bank holding company for Independent Bank (the Bank). The Bank provides a full range of financial services, including commercial banking, mortgage lending, investments, and insurance. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services.

21 YEAR PERFORMANCE RESULTS

IBCP Dividend History Detail
IBCP Dividend News
IBCP Competitors News

# of Shares: 0

Closing Price: 32.75

Current Market Value: 0.00

Cost Basis: 0.00

Date Acquired:

Dividend Cash Flow
Year	Annual Dividend	Dividend Growth	# of Shares	Annual Dividend Income	Yield On Cost %
2014	0.18	0%	0	$ 0.00	0.00%
2015	0.26	44%	0	$ 0.00	0.00%
2016	0.34	31%	0	$ 0.00	0.00%
2017	0.42	24%	0	$ 0.00	0.00%
2018	0.60	43%	0	$ 0.00	0.00%
2019	0.72	20%	0	$ 0.00	0.00%
2020	0.80	11%	0	$ 0.00	0.00%
2021	0.84	5%	0	$ 0.00	0.00%
2022	0.88	5%	0	$ 0.00	0.00%
2023	0.92	5%	0	$ 0.00	0.00%
2024	0.96	4%	0	$ 0.00	0.00%
2025	1.04	4%	0	$ 0.00	3.18%
2026	1.00	4%	0	$ 0.00	3.31%
2027	1.05	4%	0	$ 0.00	3.46%
2028	1.09	4%	0	$ 0.00	3.61%
2029	1.14	4%	0	$ 0.00	3.76%
2030	1.19	4%	0	$ 0.00	3.93%
2031	1.24	4%	0	$ 0.00	4.10%
2032	1.29	4%	0	$ 0.00	4.28%
2033	1.35	4%	0	$ 0.00	4.46%
2034	1.41	4%	0	$ 0.00	4.66%
2035	1.47	4%	0	$ 0.00	4.86%
Using the current years Dividend Growth rate of 4% and projecting 4% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 4.86%
Rolling Last 4 qtrs dividends total $ 0.96 and Previous last 4 qtrs dividends total $ 0.92
Dividend 1 Yr Growth = ( 0.96 – 0.92 ) × 100 = 4% (Click the Edit pencil if you want to modify the forward dividend growth rate projection) 0.92

Year	Declaration Date	Ex-Dividend Date	Record Date	Payable Date	Dividend $ Amount
2025	Jan 10, 2025	Feb 04, 2025	Feb 04, 2025	Feb 14, 2025	0.2600
2025 Total:					0.2600
2024	Oct 22, 2024	Nov 05, 2024	Nov 05, 2024	Nov 15, 2024	0.2400
2024	Jul 23, 2024	Aug 05, 2024	Aug 05, 2024	Aug 15, 2024	0.2400
2024	Apr 23, 2024	May 02, 2024	May 03, 2024	May 13, 2024	0.2400
2024	Jan 23, 2024	Feb 02, 2024	Feb 05, 2024	Feb 15, 2024	0.2400
2024 Total:					0.9600
2023	Oct 17, 2023	Nov 02, 2023	Nov 03, 2023	Nov 13, 2023	0.2300
2023	Jul 18, 2023	Aug 03, 2023	Aug 04, 2023	Aug 14, 2023	0.2300
2023	Apr 25, 2023	May 04, 2023	May 05, 2023	May 15, 2023	0.2300
2023	Feb 06, 2023	Feb 15, 2023	Feb 16, 2023	Feb 24, 2023	0.2300
2023 Total:					0.9200
2022	Oct 18, 2022	Nov 03, 2022	Nov 04, 2022	Nov 14, 2022	0.2200
2022	Jul 19, 2022	Aug 04, 2022	Aug 05, 2022	Aug 16, 2022	0.2200
2022	Apr 19, 2022	May 04, 2022	May 05, 2022	May 16, 2022	0.2200
2022	Jan 24, 2022	Feb 03, 2022	Feb 04, 2022	Feb 15, 2022	0.2200
2022 Total:					0.8800
2021	Oct 19, 2021	Nov 04, 2021	Nov 05, 2021	Nov 15, 2021	0.2100
2021	Jul 27, 2021	Aug 05, 2021	Aug 06, 2021	Aug 16, 2021	0.2100
2021	Apr 20, 2021	May 04, 2021	May 05, 2021	May 14, 2021	0.2100
2021	Jan 25, 2021	Feb 04, 2021	Feb 05, 2021	Feb 16, 2021	0.2100
2021 Total:					0.8400
2020	Oct 20, 2020	Nov 04, 2020	Nov 05, 2020	Nov 16, 2020	0.2000
2020	Jul 21, 2020	Aug 03, 2020	Aug 04, 2020	Aug 14, 2020	0.2000
2020	Apr 21, 2020	May 04, 2020	May 05, 2020	May 15, 2020	0.2000
2020	Jan 20, 2020	Feb 04, 2020	Feb 05, 2020	Feb 14, 2020	0.2000
2020 Total:					0.8000