Independent Bank Corp. (Michigan) (IBCP)

26.15
0.00 (0.00)
NASDAQ : Finance
Prev Close 26.15
Open 25.95
Day Low/High 25.95 / 26.35
52 Wk Low/High 18.50 / 27.10
Volume 153.45K
Avg Volume 127.50K
Exchange NASDAQ
Shares Outstanding 24.11M
Market Cap 626.78M
EPS 1.00
P/E Ratio 23.85
Div & Yield 0.60 (2.00%)

Latest News

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 2/6/18, Independent Bank Corporation will trade ex-dividend, for its quarterly dividend of $0.15, payable on 2/15/18. As a percentage of IBCP's recent stock price of $23.40, this dividend works out to approximately 0.64%, so look for shares of Independent Bank Corporation to trade 0.64% lower — all else being equal — when IBCP shares open for trading on 2/6/18.

Independent Bank Breaks Above 200-Day Moving Average - Bullish for IBCP

Independent Bank Breaks Above 200-Day Moving Average - Bullish for IBCP

In trading on Tuesday, shares of Independent Bank Corporation crossed above their 200 day moving average of $21.04, changing hands as high as $21.80 per share. Independent Bank Corporation shares are currently trading up about 4.8% on the day.

Independent Bank Reaches Analyst Target Price

Independent Bank Reaches Analyst Target Price

In recent trading, shares of Independent Bank Corporation have crossed above the average analyst 12-month target price of $21.17, changing hands for $21.20/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

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%.

TheStreet Quant Rating: A+ (Buy)