Company / Dividends per Share
INDEPENDENT BANK CORP /MI/ Dividends per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Dividends per Share
$1.03
FY2025
5-year range
$0.83 / $1.03
FY2021-FY2025
Trend
+7.4%
vs FY2024
Sector context
#175 of 287
Financials
What the data says
At $1.03, INDEPENDENT BANK CORP /MI/'s dividends per share ranks #175 of 287 in the Financials sector. Dividends per Share has increased for 9 consecutive years, from $0.34 in FY2016 to $1.03 in FY2025.
Based on SEC 10-K filings.
1.03 in FY2025 with a 5-year CAGR of +5.7%.
Improved from $0.92 to $1.03 over the past 2 years.
Financials sector context is included.
Dividends per Share over time
Growth rates
- 3-Year CAGR
- +5.6%
- 5-Year CAGR
- +5.7%
- 10-Year CAGR
- -
Sector benchmark
#175 of 287 in FinancialsTop 61% of 287This company $1.03 Sector average $1.86
▼
-44.4% below sector average
Key checks
Key Insights
- INDEPENDENT BANK CORP /MI/'s dividends per share has grown for 9 consecutive years.
- In FY2025, dividends per share increased 7.4% year-over-year.
- Ranks #175 out of 287 companies in the Financials sector.
- Lowest dividends per share in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.09 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Dividends per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.03 | +7.4% |
| FY2024 | $0.96 | +4.9% |
| FY2023 | $0.92 | +4.6% |
| FY2022 | $0.88 | +5.6% |
| FY2021 | $0.83 | +6.0% |
| FY2020 | $0.78 | +11.6% |
| FY2019 | $0.70 | +6.6% |
| FY2018 | $0.66 | +56.9% |
| FY2017 | $0.42 | +22.7% |
| FY2016 | $0.34 | +29.1% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026