Independent Bank Corporation Dividend Information: Key Details Before Ex-Dividend Date Aug 5, 2025

Independent Bank Corporation (IBCP) has announced a quarterly cash dividend of $0.260 per share, to be paid on Aug 15, 2025. The ex-dividend date is set for Aug 5, 2025, while the announcement was made on Jul 22, 2025. This dividend is notably higher than the average of the last ten dividends, which stood at $0.150 per share. The company last issued a dividend on May 15, 2025, with the same amount per share. This consistent dividend distribution reflects the bank's ongoing commitment to rewarding its shareholders.

Recently, Independent Bank Corporation (IBCP) has been active in the financial news. Over the past week, analysts indicated that Independent Bank Corporation will trade ex-dividend on Aug 5, 2025, offering a quarterly dividend of $0.26 per share, payable on Aug 15, 2025. As of late, Independent Bank has shown resilience with its Q2 2025 earnings call, surpassing expectations with reported EPS of $0.81 compared to the anticipated $0.78. This positive performance has been noted by industry analysts, who have raised the price target for Independent Bank from $35.00 to $37.00, suggesting a potential upside of 14.13% from its previous close. These developments underscore Independent Bank's strong financial health and strategic growth initiatives.

In conclusion, Independent Bank Corporation continues to demonstrate solid financial performance and shareholder value. The ex-dividend date on Aug 5, 2025, marks the last opportunity for investors to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend distribution.