DIVIDEND ANNOUNCEMENT: Independent Bank Corporation (Ionia, MI) (NASDAQ:IBCP) on 04/21/2020 declared a dividend of $0.2000 per share

Independent Bank Corporation (Ionia, MI) (NASDAQ:IBCP) on 04/21/2020 declared a dividend of $ 0.2000 per share payable on May 15, 2020 to shareholders of record as of May 05, 2020.

Independent Bank Corporation (Ionia, MI) (NASDAQ:IBCP) has paid dividends since 1990, has a current dividend yield of 6.3492064476% and has increased its dividends for 5 successive years.

Independent Bank Corporation (Ionia, MI)'s market cap is $ 278,586,000 and has a PE ratio of 6.30. The stock price closed yesterday at $ 12.60 and has a 52 week low/high of $ 9.19 and $ 23.93.

Independent Bank is a bank holding company. Through its subsidiary, Independent Bank (the Bank), Co. is engaged in commercial banking, providing a range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. Most of Co.'s bank's branches provide lobby and drive-thru services, as well as automatic teller machines. In addition to general banking services, Co.'s bank provides title insurance services and insurance brokerage services through subsidiaries and investment services through a third party agreement with Cetera Investment Services LLC.

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