Independent Bank Corp (Ionia MI) (IBCP)

20.65
NASDAQ : Financial
Prev Close 20.75
Day Low/High 20.60 / 20.75
52 Wk Low/High 16.11 / 23.65
Avg Volume 67.20K
Exchange NASDAQ
Shares Outstanding 21.34M
Market Cap 442.72M
EPS 1.10
P/E Ratio 18.53
Div & Yield 0.40 (1.90%)

Latest News

Notable Two Hundred Day Moving Average Cross - IBCP

In trading on Monday, shares of Independent Bank Corporation crossed below their 200 day moving average of $19.89, changing hands as low as $19.75 per share. Independent Bank Corporation shares are currently trading off about 1.2% on the day.

Ex-Div Reminder for Independent Bank Corporation (IBCP)

Looking at the universe of stocks we cover at Dividend Channel, on 5/4/17, Independent Bank Corporation will trade ex-dividend, for its quarterly dividend of $0.10, payable on 5/15/17. As a percentage of IBCP's recent stock price of $22.75, this dividend works out to approximately 0.44%.

Independent Bank Corporation (IBCP) Passes Through 2% Yield Mark

Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Independent Bank Corporation were yielding above the 2% mark based on its quarterly dividend (annualized to $0.40), with the stock changing hands as low as $19.98 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

Reminder - Independent Bank (IBCP) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 2/6/17, Independent Bank Corporation will trade ex-dividend, for its quarterly dividend of $0.10, payable on 2/15/17. As a percentage of IBCP's recent stock price of $20.93, this dividend works out to approximately 0.48%.

IBCP Breaks Above 2% Yield Territory

IBCP Breaks Above 2% Yield Territory

Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Independent Bank Corporation were yielding above the 2% mark based on its quarterly dividend (annualized to $0.40), with the stock changing hands as low as $19.88 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

Reminder - Independent Bank (IBCP) Goes Ex-Dividend Soon

Reminder - Independent Bank (IBCP) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/3/16, Independent Bank Corporation will trade ex-dividend, for its quarterly dividend of $0.10, payable on 11/15/16. As a percentage of IBCP's recent stock price of $16.85, this dividend works out to approximately 0.59%, so look for shares of Independent Bank Corporation to trade 0.59% lower — all else being equal — when IBCP shares open for trading on 11/3/16.

Ex-Div Reminder for Independent Bank (IBCP)

Ex-Div Reminder for Independent Bank (IBCP)

Looking at the universe of stocks we cover at Dividend Channel, on 8/4/16, Independent Bank Corporation will trade ex-dividend, for its quarterly dividend of $0.08, payable on 8/15/16. As a percentage of IBCP's recent stock price of $15.27, this dividend works out to approximately 0.52%, so look for shares of Independent Bank Corporation to trade 0.52% lower — all else being equal — when IBCP shares open for trading on 8/4/16.

Hail! Hail! to Michigan Banks

Hail! Hail! to Michigan Banks

The Wolverine State's business-friendly climate makes these community banks particularly attractive.

Independent Bank Enters Oversold Territory

Independent Bank Enters Oversold Territory

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Independent Bank Corporation presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

Independent Bank Breaks Below 200-Day Moving Average - Notable for IBCP

Independent Bank Breaks Below 200-Day Moving Average - Notable for IBCP

In trading on Friday, shares of Independent Bank Corporation crossed below their 200 day moving average of $14.64, changing hands as low as $14.53 per share. Independent Bank Corporation shares are currently trading down about 0.4% on the day.

TheStreet Quant Rating: A- (Buy)