Independent Bank CorporationIBCPNASDAQ
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Payout Ratio Over Time
Profitability in line with historical norms
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Dividend payout ratio
Latest
30.01%
Near historical average
Average (9y)
32.84%
Historical baseline
Range
High:43.76%
Low:28.87%
CAGR
+0.2%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 30.01% | -8.3% |
| 2023 | 32.72% | +11.7% |
| 2022 | 29.30% | +1.5% |
| 2021 | 28.87% | -8.0% |
| 2020 | 31.38% | -12.0% |
| 2019 | 35.65% | +1.0% |
| 2018 | 35.28% | -19.4% |
| 2017 | 43.76% | +37.0% |
| 2016 | 31.95% | +8.5% |
| 2015 | 29.45% | - |