Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides various banking products and services to businesses, institutions, and individuals and their families. Its deposit products include checking accounts, savings accounts, certificates of deposit, direct deposits, and money market accounts. The company's loan portfolio comprises commercial, agricultural, and residential real estate loans, as well as consumer loans, including secured and unsecured personal loans. It also offers cash management, mobile and internet banking, electronic bill pay, automated teller machines, trust and investment, estate planning, and safe deposit box rental services; and group life, health, accident, disability, and other insurance products, as well as other employee benefit programs. As of December 31, 2021, the company operated 30 banking offices in Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw counties. Isabella Bank Corporation was founded in 1903 and is headquartered in Mount Pleasant, Michigan.
Isabella Bank Dividend Announcement
• Isabella Bank announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-12-18. Ex dividend date: 2024-12-16
• Isabella Bank annual dividend for 2024 was $1.12
• Isabella Bank annual dividend for 2023 was $1.12
• Isabella Bank's trailing twelve-month (TTM) dividend yield is 4.51%
• Isabella Bank's payout ratio for the trailing twelve months (TTM) is 59.61%
• Isabella Bank's dividend growth over the last five years (2018-2023) was 1.49% year
• Isabella Bank's dividend growth over the last ten years (2013-2023) was 2.92% year
Isabella Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-16 | $0.28 | quarterly | 2024-12-18 |
2024-09-26 | $0.28 | quarterly | 2024-09-30 |
2024-06-26 | $0.28 | quarterly | 2024-06-28 |
2024-03-26 | $0.28 | quarterly | 2024-03-29 |
2023-12-12 | $0.28 | quarterly | 2023-12-15 |
2023-09-26 | $0.28 | quarterly | 2023-09-29 |
2023-06-27 | $0.28 | quarterly | 2023-06-30 |
2023-03-28 | $0.28 | quarterly | 2023-03-31 |
2022-12-13 | $0.28 | quarterly | 2022-12-16 |
2022-09-27 | $0.27 | quarterly | 2022-09-30 |
2022-06-27 | $0.27 | quarterly | 2022-06-30 |
2022-03-28 | $0.27 | quarterly | 2022-03-31 |
2021-12-13 | $0.27 | quarterly | 2021-12-17 |
2021-09-27 | $0.27 | quarterly | 2021-09-30 |
2021-06-25 | $0.27 | quarterly | 2021-06-30 |
2021-03-25 | $0.27 | quarterly | 2021-03-31 |
2020-12-15 | $0.27 | quarterly | 2020-12-18 |
2020-09-25 | $0.27 | quarterly | 2020-09-30 |
2020-06-25 | $0.27 | quarterly | 2020-06-30 |
2020-03-25 | $0.27 | quarterly | 2020-03-31 |
2019-12-26 | $0.27 | quarterly | 2019-12-31 |
2019-09-25 | $0.26 | quarterly | 2019-09-30 |
2019-06-25 | $0.26 | quarterly | 2019-06-28 |
2019-03-25 | $0.26 | quarterly | 2019-03-29 |
2018-12-26 | $0.26 | quarterly | 2018-12-31 |
2018-09-25 | $0.26 | quarterly | 2018-09-28 |
2018-06-26 | $0.26 | quarterly | 2018-06-29 |
2018-03-27 | $0.26 | quarterly | 2018-03-30 |
2017-12-22 | $0.26 | quarterly | 2017-12-29 |
2017-09-26 | $0.26 | quarterly | 2017-09-29 |
2017-03-24 | $0.25 | quarterly | 2017-03-31 |
2016-12-22 | $0.25 | quarterly | |
2016-09-23 | $0.25 | quarterly | |
2016-06-23 | $0.24 | quarterly | |
2016-03-22 | $0.24 | quarterly | |
2015-12-22 | $0.24 | quarterly | |
2015-09-23 | $0.24 | quarterly | |
2015-06-23 | $0.23 | quarterly | |
2015-03-23 | $0.23 | quarterly | |
2014-12-18 | $0.23 | quarterly | |
2014-09-23 | $0.22 | quarterly | |
2014-06-23 | $0.22 | quarterly | |
2014-03-24 | $0.22 | quarterly | |
2013-12-20 | $0.21 | quarterly | |
2013-09-20 | $0.21 | quarterly | |
2013-06-20 | $0.21 | quarterly | |
2013-03-22 | $0.21 | quarterly |
Isabella Bank Dividend per year
Isabella Bank Dividend growth
Isabella Bank Dividend Yield
Isabella Bank current trailing twelve-month (TTM) dividend yield is 4.51%. Interested in purchasing Isabella Bank stock? Use our calculator to estimate your expected dividend yield:
Isabella Bank Financial Ratios
Isabella Bank Dividend FAQ
Other factors to consider when evaluating Isabella Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Isabella Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Isabella Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Isabella Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Isabella Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Isabella Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Isabella Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Isabella Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Isabella Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Isabella Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.