Credit: Shutterstock photoIndependent Bank Corporation ( IBCP ) will begin trading ex-dividend on August 03, 2018. A cash dividend payment of $0.15 per share is scheduled to be paid on August 15, 2018. Shareholders who purchased IBCP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that IBCP has paid the same dividend. At the current stock price of $25.15, the dividend yield is 2.39%.
The previous trading day's last sale of IBCP was $25.15, representing a -7.2% decrease from the 52 week high of $27.10 and a 30.65% increase over the 52 week low of $19.25.
IBCP is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co ( JPM ) and Bank of America Corporation ( BAC ). IBCP's current earnings per share, an indicator of a company's profitability, is $1.18. Zacks Investment Research reports IBCP's forecasted earnings growth in 2018 as 44.26%, compared to an industry average of 29.6%.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.