Analyst Activity – Boenning Scattergood Reiterates Hold on Independent Bank Co.(MI) (NASDAQ:IBCP)

ME Staff
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Analyst Ratings For Independent Bank Co.(MI) (NASDAQ:IBCP)

Today, Boenning Scattergood reiterated its Hold rating on Independent Bank Co.(MI) (NASDAQ:IBCP).

Some recent analyst ratings include

  • 1/31/2018-Boenning Scattergood Reiterated Rating of Hold.
  • 12/18/2017-Compass Point Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 12/8/2017-Keefe, Bruyette & Woods Reiterated Rating of Hold.
  • 7/5/2017-DA Davidson initiated coverage with a Neutral rating.
  • 9/23/2016-Hovde Group initiated coverage with a Market Perform rating.

Dividend information for Independent Bank Co.(MI) (NASDAQ:IBCP)

Independent Bank Co.(MI) (NASDAQ:IBCP) pays an annual dividend of $0.48 with a yield of 2.09%.

Dividend History for Independent Bank Co.(MI) (NASDAQ:IBCP)

  • On 1/22/2018 Independent Bank Co.(MI) announced a quarterly dividend of $0.15 0.00628930817610063% with an ex dividend date of 2/6/2018 which will be payable on 2/15/2018.
  • On 10/24/2017 Independent Bank Co.(MI) announced a quarterly dividend of $0.12 2.16% with an ex dividend date of 11/3/2017 which will be payable on 11/15/2017.
  • On 7/25/2017 Independent Bank Co.(MI) announced a quarterly dividend of $0.10 1.88% with an ex dividend date of 8/3/2017 which will be payable on 8/15/2017.
  • On 4/25/2017 Independent Bank Co.(MI) announced a quarterly dividend of $0.10 1.72% with an ex dividend date of 5/4/2017 which will be payable on 5/15/2017.
  • On 1/24/2017 Independent Bank Co.(MI) announced a quarterly dividend of $0.10 1.9% with an ex dividend date of 2/6/2017 which will be payable on 2/15/2017.
  • On 10/25/2016 Independent Bank Co.(MI) announced a quarterly dividend of $0.10 with an ex dividend date of 11/3/2016 which will be payable on 11/15/2016.
  • On 7/26/2016 Independent Bank Co.(MI) announced a quarterly dividend of $0.08 with an ex dividend date of 8/4/2016 which will be payable on 8/15/2016.

Recent Insider Trading Activity For Independent Bank Co.(MI) (NASDAQ:IBCP)
Independent Bank Co.(MI) (NASDAQ:IBCP) has insider ownership of 5.72% and institutional ownership of 81.70%.

  • On 5/1/2017 William B Kessel, CEO, sold 3,000 with an average share price of $22.42 per share and the total transaction amounting to $67,260.00.
  • On 3/16/2017 Mark L Collins, Insider, sold 3,320 with an average share price of $21.29 per share and the total transaction amounting to $70,682.80.
  • On 3/1/2017 Loan Charles C Van, Director, sold 33,056 with an average share price of $21.78 per share and the total transaction amounting to $719,959.68.
  • On 2/27/2017 Loan Charles C Van, Director, sold 10,417 with an average share price of $21.93 per share and the total transaction amounting to $228,444.81.
  • On 2/9/2017 Robert N Shuster, Insider, sold 5,660 with an average share price of $20.71 per share and the total transaction amounting to $117,218.60.
  • On 2/3/2017 James J Twarozynski, Insider, sold 1,000 with an average share price of $21.41 per share and the total transaction amounting to $21,410.00.
  • On 12/7/2016 David C Reglin, Insider, sold 127 with an average share price of $19.66 per share and the total transaction amounting to $2,496.82.

Recent Trading Activity for Independent Bank Co.(MI) (NASDAQ:IBCP)
Shares of Independent Bank Co.(MI) closed the previous trading session at 22.95 +0.00 0.00% with shares trading hands.