Independent Bank Corporation (IBCP) Ex-Dividend Date Scheduled for April 28, 2014


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Independent Bank Corporation ( IBCP ) will begin trading ex-dividend on April 28, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on May 15, 2014. Shareholders who purchased IBCP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 500% increase over the prior year.

The previous trading day's last sale of IBCP was $12.68, representing a -11.02% decrease from the 52 week high of $14.25 and a 130.13% increase over the 52 week low of $5.51.

IBCP is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). IBCP's current earnings per share, an indicator of a company's profitability, is $3.15. Zacks Investment Research reports IBCP's forecasted earnings growth in 2014 as -20.19%, compared to an industry average of 7.4%.

For more information on the declaration, record and payment dates, visit the IBCP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: IBCP , WFC , JPM

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