Independent Bank Corporation ( IBCP ) will begin trading ex-dividend on February 04, 2019. A cash dividend payment of $0.18 per share is scheduled to be paid on February 15, 2019. Shareholders who purchased IBCP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment.
The previous trading day's last sale of IBCP was $22.16, representing a -18.23% decrease from the 52 week high of $27.10 and a 9.81% increase over the 52 week low of $20.18.
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 $1.68. Zacks Investment Research reports IBCP's forecasted earnings growth in 2019 as 16.67%, compared to an industry average of 12.6%.
Interested in gaining exposure to IBCP through an Exchange Traded Fund [ETF]?
The following ETF(s) have IBCP as a top-10 holding:
- Invesco DWA SmallCap Momentum ETF ( DWAS ).
The top-performing ETF of this group is DWAS with an decrease of -17.65% over the last 100 days. It also has the highest percent weighting of IBCP at 1.18%.