Independent Bank Corporation (IBCP) Dividends
Dividend Yield and Dividend History Highlights
- IBCP's free cash flow has been growing at a compound average annual rate of -59.38% over the past 5.5 years -- higher than merely 13.55% of current US-listed dividend stocks.
- As for stocks whose price is uncorrelated with IBCP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: COLD, APD, PME, ABC and YETI.
IBCP Price Forecast Based on Dividend Discount Model
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A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of IBCP, the DDM model generated by StockNews estimates a return of positive 9.87% in comparison to its current price. Digging deeper, the aspects of Independent Bank Corp's dividend discount model that we found most interesting were:
- In comparison to stocks we observe that provide shareholders with a dividend, Independent Bank Corp's dividend yield of 5.45% is in the top 20.26%.
- In terms of who is growing the amount of dividends they return to shareholders, Independent Bank Corp has been increasing its dividends at a faster rate than 79.25% of US-listed dividend-issuing stocks we observed.
IBCP Dividend Chart
IBCP Dividend History
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