Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 30.86 USD -2.16% Market Closed
Market Cap: 645m USD

Dividends

3.03%
Dividend Yield
Lowest
0.79%
Average
1.97%
Highest
4.1%
0.71 USD
Dividend Per Share
+196%
Growth 3Y
251%
Growth 5Y
693%
Growth 10Y
693%
61 /100
Dividend Safety Score
Very
Unsafe
Unsafe
Safe
Very
Safe
61
0
25
50
75
100
Previous Payment
-
Today
Next Payment
-
Today
Mar 31, 2025
Previous Payment
-
Next Payment
-
Ex-Dividend Date
-

Dividend Yield
Independent Bank Corp (Michigan)

Period
3Y
5Y
10Y
15Y
30Y
Yield Statistics, Past 5 Years
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Current Yield
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Max Yield
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Median Yield

Dividend Per Share
Independent Bank Corp (Michigan)

Over the past 5 years, dividends per share for IBCP have increased by 32%.
What is dividend per share?
Dividend Streak
Growth 3Y
Growth 5Y
Growth 10Y
3Y
5Y
10Y
15Y
30Y
Ex-Dividend Date Amount Period Declaration Date Record Date Payment Date
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Payout Ratio
Independent Bank Corp (Michigan)

Period
3Y
5Y
10Y
15Y
30Y
Payout Statistics, Past 5 Years
Min
Max
Current Payout
Min Payout Unlock
Max Payout Unlock
Average Payout Unlock
Median Payout Unlock

Peers Comparison
Dividends

Company Safety Rate Dividend Yield Dividend Per Share Growth 5Y Growth 10Y Payout Ratio

Shareholder Yield

Current shareholder yield for IBCP is hidden .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
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Dividend Yield
Lowest
Average
Highest
Buyback Yield
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Peers Comparison
Shareholder Yield

Company Total Yield Dividend Yield Buyback Yield

Buybacks

Buyback Yield measures how much a company reduces its outstanding shares through repurchases, expressed as a percentage.

This metric directly reflects the company’s efforts to return value to shareholders. By reducing the number of shares, buybacks can increase earnings per share and potentially boost the stock's price.

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Peers Comparison
Buybacks

Company Buyback Yield Average Yield (3Y) Average Yield (5Y) Average Yield (10Y)

Debt Paydown

Debt Paydown
Not Applicable

Due to the unique financial structures and regulatory environments of banks and insurance companies, the Debt Paydown metric is not applicable for Independent Bank Corp (Michigan).

These institutions manage liabilities differently, focusing more on regulatory compliance and operational liabilities than traditional debt management, making standard debt paydown calculations irrelevant.

Price Appreciation

IBCP Price
Independent Bank Corp (Michigan)

1M 1M
-9%
6M 6M
-3%
1Y 1Y
+29%
3Y 3Y
+58%
5Y 5Y
+195%
10Y 10Y
+235%
Annual Price Range
30.86
52w Low
22.4188
52w High
38.7056
Price Metrics
Average Annual Return 25.37%
Standard Deviation of Annual Returns 21.63%
Max Drawdown -22%
Shares Statistics
Market Capitalization 644.8m USD
Shares Outstanding 20 900 000
Percentage of Shares Shorted 1.11%

IBCP Return Decomposition
Main factors of price return

What is price return decomposition?

Stock Splits

IBCP's latest stock split occurred on Sep 1, 2010

The company executed a 1-for-10 stock split, meaning that for every 10 shares held, investors received 1 new share.

Before the split, IBCP traded at 0.19 per share. Afterward, the share price was about 1.3953.

The adjusted shares began trading on Sep 1, 2010. This was IBCP's 15th stock split, following the previous one in Aug 31, 2006.

Pre-Split Price
1.3389 0.19
Post-Split Price
1.3953
Before
After