Independent Bank Corporation Declares Increased Quarterly Dividend

(RTTNews) - Independent Bank Corporation (IBCP), the parent company of Michigan-based Independent Bank, Friday announced that its Board of Directors declared a quarterly cash dividend of $0.26 per share of common stock. The dividend is scheduled for payment on February 14, to shareholders of record as of February 4.

This new dividend rate reflects an 8% increase compared to the quarterly dividends paid throughout 2024, highlighting the company's commitment to delivering value to its shareholders.

IBCP is currently trading at $32.70 down 2.85 percent or $0.96 on the Nasdaq.