Looking at the universe of stocks we cover at Dividend Channel, on 2/6/17, Independent Bank Corporation (IBCP) 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%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for IBCP, showing historical dividends prior to the most recent $0.10 declared by Independent Bank Corporation :

IBCP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IBCP is likely to continue, and whether the current estimated yield of 1.91% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IBCP shares, versus its 200 day moving average:

Independent Bank Corporation  200 Day Moving Average Chart

Looking at the chart above, IBCP's low point in its 52 week range is $13.42 per share, with $22.25 as the 52 week high point — that compares with a last trade of $20.90.

According to the ETF Finder at ETF Channel, IBCP makes up 1.28% of the PowerShares DWA SmallCap Momentum Portfolio ETF ( DWAS) which is trading higher by about 0.1% on the day Thursday.

In Thursday trading, Independent Bank Corporation shares are currently down about 0.8% on the day.

More from Stocks

The Stakes Are High for FAANG Stocks This Time Around

The Stakes Are High for FAANG Stocks This Time Around

Profit From the Good Side of Bad Selloffs: An Illustration

Profit From the Good Side of Bad Selloffs: An Illustration

Data Regulation on FAANG's Could Just Be Underway: Cramer's Investing Teach-in

Data Regulation on FAANG's Could Just Be Underway: Cramer's Investing Teach-in

Your Need to Know - Forward Look

Your Need to Know - Forward Look

A Guide to Investing in the Fast-Emerging Cannabis Industry

A Guide to Investing in the Fast-Emerging Cannabis Industry