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Selling Independent Bank (IBCP) out of my Dividend Portfolio

Selling Independent Bank (IBCP) out of my Dividend Portfolio

April 22, 2019 @ 10:41 pm | Breaking News, Dividend Income Portfolio, IBCP | 0 comments

When I posted earlier today that I would keep Bank of America (BAC) in my Dividend Portfolio I said the decision rested largely on the ways that Bank of America wasn’t like the “average” bank. Chief among these “ways” was the bank’s...
Dividend Portfolio member Independent Bank beats on earnings and revenue

Dividend Portfolio member Independent Bank beats on earnings and revenue

September 4, 2018 @ 7:41 pm | Breaking News, Dividend Income Portfolio, IBCP | 0 comments

While on vacation, I used the down time to get caught up on earnings reports I missed during the very busy second quarter earnings season. This post was written on August 16. On July 25 after the market close Independent Bank (IBCP) reported earnings of 44 cents a...
Dividend Portfolio member Independent Bank beats on earnings and revenue

Dividend Portfolio member Independent Bank beats on earnings today

April 23, 2018 @ 7:11 pm | Breaking News, Dividend Income Portfolio, IBCP | 0 comments

Independent Bank (IBCP) reported first quarter earnings of 42 cents a share today. That’s up from 28 cents a share in the first quarter of 2017. Special items added 4 cents a share to earnings. The reduction in the bank’s tax rate thanks to the Tax Cuts...
Dividend Portfolio member Independent Bank beats on earnings and revenue

Adding Independent Bank to my Dividend Portfolio

March 20, 2018 @ 7:51 pm | Breaking News, Buy, Dividend Income Portfolio, IBCP | 0 comments

Just in case you haven’t noticed, it’s really, really hard at the moment to find a decent dividend yield in a stock that doesn’t require taking on substantial risk. That’s what happens when you’ve got elevated asset prices after a long...

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