DIVIDEND ANNOUNCEMENT: Independent Bank Corporation (Ionia, MI) (NASDAQ:IBCP) on 02/06/2023 declared a dividend of $0.2300 per share

Independent Bank Corporation (Ionia, MI) (NASDAQ:IBCP) on 02/06/2023 declared a dividend of $ 0.2300 per share payable on February 24, 2023 to shareholders of record as of February 16, 2023. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Independent Bank Corporation (Ionia, MI) (NASDAQ:IBCP) has paid dividends since 1990, has a current dividend yield of 3.9930555820% and has increased its dividends for 8 successive years.

Independent Bank Corporation (Ionia, MI)'s market cap is $ 485,337,600 and has a PE ratio of 8.11. The stock price closed yesterday at $ 23.04 and has a 52 week low/high of $ 17.87 and $ 24.97.

Independent Bank is a bank holding company. Through its subsidiary, Independent Bank (the bank), Co. transacts business in the single industry of commercial banking. Co. provides 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. Co.'s bank does not provide trust services. Co.'s principal markets are the rural and suburban communities across Lower Michigan. Majority of Co.'s bank's branches provide lobby and drive-thru services, as well as automatic teller machines. Co. also provides internet and mobile banking capabilities to its customers.

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