Independent Bank (IBCP) dividend history
Independent Bank paid $22M in dividends in fiscal 2025, about $1.04 per share.
Dividends per share grew 17.3% a year over 11 years, rising in each of the last 11 years.
That took 31% of free cash flow and 32% of net income.
At today's price the trailing yield is 3.04%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Independent Bank's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2025 | $1.04 | +8.5% | $22M | 31% | 32% |
| 2024 | $0.96 | +4.1% | $20M | 36% | 30% |
| 2023 | $0.92 | +4.7% | $19M | 28% | 33% |
| 2022 | $0.88 | +4.6% | $19M | 21% | 29% |
| 2021 | $0.84 | +4.9% | $18M | 17% | 29% |
| 2020 | $0.80 | +10.9% | $18M | 32% | 31% |
| 2019 | $0.72 | +20.4% | $17M | 56% | 36% |
| 2018 | $0.60 | +42.9% | $14M | 34% | 35% |
| 2017 | $0.42 | +23.5% | $9M | 26% | 44% |
| 2016 | $0.34 | +31.1% | $7M | 36% | 32% |
| 2015 | $0.26 | +44.1% | $6M | 32% | 29% |
| 2014 | $0.18 | — | $4M | 47% | 23% |
| 2013 | — | — | — | — | — |
| 2012 | — | — | — | — | — |
| 2011 | — | — | — | — | — |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
Questions
Does Independent Bank pay a dividend?
Independent Bank paid $22M in dividends in fiscal 2025, about $1.04 per share.
How fast has Independent Bank's dividend grown?
Dividends per share grew 17.3% a year over 11 years, rising in each of the last 11 years.
From Independent Bank's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.