Independent Bank Corporation (NASDAQ: IBCP) announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per common share. The dividend is payable on August 14, 2026, to shareholders of record as of August 4, 2026. The Michigan-based bank holding company reports total assets of approximately $5.6 billion and operates a branch network across Michigan's Lower Peninsula through Independent Bank and Highpoint Community Bank.
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Quarterly dividend declared at $0.28 per common share, payable August 14, 2026
Shareholder record date set for dividend eligibility on August 4, 2026
Total assets approximately $5.6 billion, indicating current balance sheet scale
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News Market Reaction – IBCP
-1.34%
-1.34%Session close to close
In the Jul 22 session, IBCP declined 1.34%, reflecting a mild negative market reaction.
GRAND RAPIDS, Mich., July 21, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company for Independent Bank and Highpoint Community Bank, Michigan-based community banks, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of $0.28 per share. This dividend is payable on August 14, 2026, to shareholders of record on August 4, 2026.
About Independent Bank Corporation
Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.6 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan's Lower Peninsula through its bank subsidiaries and 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.
Contact: William B. Kessel, President and CEO, 616.447.3933 Gavin A. Mohr, Chief Financial Officer, 616.447.3929
FAQ
What dividend did Independent Bank Corporation (NASDAQ: IBCP) declare on July 21, 2026?
Independent Bank Corporation declared a quarterly cash dividend of $0.28 per common share. According to the company, this dividend reflects its regular quarterly payout policy for common shareholders as of the specified record date in August 2026.
When is the Independent Bank Corporation (IBCP) dividend payment date in August 2026?
The Independent Bank Corporation dividend will be paid on August 14, 2026. According to the company, shareholders who are on record by the August 4, 2026 record date will receive the $0.28 per share quarterly cash dividend.
What is the record date for Independent Bank Corporation’s $0.28 dividend on IBCP stock?
The record date for Independent Bank Corporation’s $0.28 quarterly dividend is August 4, 2026. According to the company, only shareholders of record on that date will be entitled to receive the cash dividend on August 14, 2026.
How large is Independent Bank Corporation (IBCP) based on total assets in 2026?
Independent Bank Corporation reports total assets of approximately $5.6 billion. According to the company, this asset base supports operations of Independent Bank and Highpoint Community Bank across Michigan’s Lower Peninsula, offering a range of banking and financial services.
What business does Independent Bank Corporation (NASDAQ: IBCP) operate for its shareholders?
Independent Bank Corporation operates as a Michigan-based bank holding company. According to the company, it owns Independent Bank and Highpoint Community Bank and provides commercial banking, mortgage lending, investment, and insurance services through its branch network in Michigan’s Lower Peninsula.
