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Independent Bank Corporation Announces Quarterly Cash Dividend On Common Stock

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Independent Bank Corporation declares quarterly cash dividend on common stock
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  • Independent Bank Corporation declares a quarterly cash dividend of 23 cents per share on its common stock.
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GRAND RAPIDS, Mich., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 23 cents per share. This dividend is payable on November 13, 2023 to shareholders of record on November 3, 2023.

About Independent Bank Corporation

Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.1 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan's Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments and insurance services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.

For more information, please visit our Web site at: IndependentBank.com.

Contact:William B. Kessel, President and CEO, 616.447.3933
 Gavin A. Mohr, Chief Financial Officer, 616.447.3929

FAQ

What is the dividend amount declared by Independent Bank Corporation?

The dividend declared by Independent Bank Corporation is 23 cents per share.

When will the dividend be payable?

The dividend will be payable on November 13, 2023.

Who are the shareholders eligible for the dividend?

Shareholders of record on November 3, 2023, are eligible for the dividend.

Independent Bank Corporation

NASDAQ:IBCP

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553.50M
19.09M
4.58%
81.15%
1.1%
Commercial Banking
Finance and Insurance
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United States of America
GRAND RAPIDS

About IBCP

independent bank is a michigan-based bank that's been operated locally for more than 150 years. in 1864 we were founded as first national bank of ionia; we now have locations across the lower peninsula and we’re the fifth largest bank headquartered in michigan. but in one way we’ve never changed – people are always our first priority. we’re committed to providing exceptional service and value to our customers, our stockholders, and our communities. after 150 years of local banking, we understand the needs of individuals, families, and businesses around the state – and we’re committed to addressing them. we support local causes and our employees serve their communities’ human services agencies, arts and cultural organizations, school systems, places of worship, and more. we’re your friends and neighbors, locally invested the same way you are. we’re a full-service bank that provides a wide range of competitive banking products, services, and technology. visit us at independentbank.com fo