Independent Bank Corporation (NASDAQ: IBCP) announced a quarterly cash dividend of $0.28 per share, payable May 14, 2026, to shareholders of record on May 4, 2026.
The company is a Michigan-based bank holding company with total assets of approximately $5.5 billion and a branch network across Michigan's Lower Peninsula.
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Positive
Quarterly cash dividend of $0.28 per share declared
Dividend payable on May 14, 2026 to holders of record May 4, 2026
Negative
Dividend creates a cash outflow on May 14, 2026 equal to the aggregate payout
News Market Reaction – IBCP
-2.56%
-2.56%Session close to close
In the Apr 21 session, IBCP declined 2.56%, reflecting a moderate negative market reaction.
GRAND RAPIDS, Mich., April 21, 2026 (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 $0.28 per share. This dividend is payable on May 14, 2026, to shareholders of record on May 4, 2026.
About Independent Bank Corporation
Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.5 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.
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 April 21, 2026?
The company declared a quarterly cash dividend of $0.28 per share. According to the company, the dividend is payable May 14, 2026 to shareholders of record on May 4, 2026.
When will IBCP shareholders receive the declared dividend and who is eligible?
The dividend is payable on May 14, 2026 to shareholders of record on May 4, 2026. According to the company, only holders recorded at the close of business May 4 will receive the cash payment.
How does the IBCP dividend announcement affect share income for investors in May 2026?
Shareholders of record on May 4, 2026 will receive income of $0.28 per share on May 14, 2026. According to the company, this is a quarterly cash distribution to common stockholders.
What size is Independent Bank Corporation in terms of assets (IBCP)?
Independent Bank Corporation reports total assets of approximately $5.5 billion. According to the company, it operates a branch network across Michigan's Lower Peninsula through its bank subsidiary.
Who can I contact for more information about the IBCP dividend declaration?
Investor contacts listed include William B. Kessel and Gavin A. Mohr with phone numbers provided. According to the company, these officers serve as primary media and investor contacts for further details.
