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S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
New Trump Bombshell (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Obama’s 2024 Confession (Ad)
3 stocks set to benefit from record Valentine's Day spending
Recession risks are fading, business economists say, but political tensions pose threat to economy
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
New Trump Bombshell (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Obama’s 2024 Confession (Ad)
3 stocks set to benefit from record Valentine's Day spending
Recession risks are fading, business economists say, but political tensions pose threat to economy
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
New Trump Bombshell (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Obama’s 2024 Confession (Ad)
3 stocks set to benefit from record Valentine's Day spending
Recession risks are fading, business economists say, but political tensions pose threat to economy

Independent Bank (INDB) Dividend Yield, Date & History

$52.94
+0.34 (+0.65%)
(As of 02/9/2024 08:56 PM ET)

Dividend Summary

Dividend Yield
4.16%
Annual Dividend
$2.20
Annualized 3-Year
Dividend Growth
6.14%
Dividend Payout Ratio
40.59%
Recent
Dividend Payment
Jan. 5
Skip Charts & View Dividend History

Independent Bank vs. The Competition

TypeIndependent BankFinance CompaniesNASDAQ Companies
Annual Dividend$2.20$1.78$1.22
Dividend Yield4.16%1,079.51%386.44%
Annualized 3-Year Dividend Growth6.14%865.94%1,389.56%

Independent Bank Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings40.59%
Based on This Year's Estimates48.03%
Based on Next Year's Estimates45.45%
Based on Cashflow32.62%

Independent Bank Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/14/2023Quarterly$0.553.37%12/22/202312/26/20231/5/2024
9/21/2023Quarterly$0.554.57%9/29/202310/2/202310/6/2023
6/15/2023Quarterly$0.554.46%6/23/20236/26/20237/7/2023
3/16/2023Quarterly$0.553.22%3/24/20233/27/20234/6/2023
12/8/2022Quarterly$0.552.49%12/23/202212/27/20221/6/2023
9/15/2022Quarterly$0.512.59%9/23/20229/26/202210/7/2022
6/16/2022Quarterly$0.512.59%6/24/20226/27/20227/8/2022
3/17/2022Quarterly$0.512.36%3/25/20223/28/20224/8/2022
12/9/2021Quarterly$0.482.35%12/23/202112/27/20211/7/2022
9/18/2021Quarterly$0.482.73%9/24/20219/27/202110/8/2021
6/19/2021Quarterly$0.482.44%6/25/20216/28/20217/9/2021
3/19/2021Quarterly$0.482.08%3/26/20213/29/20214/9/2021
12/10/2020Quarterly$0.462.47%12/24/202012/28/20201/8/2021
9/17/2020Quarterly$0.463.39%9/25/20209/28/202010/9/2020
6/18/2020Quarterly$0.462.7%6/26/20206/29/20207/10/2020
3/19/2020Quarterly$0.463.5%3/27/20203/30/20204/9/2020
12/16/2019quarterly$0.442.1%12/27/201912/30/20191/10/2020
9/19/2019Quarterly$0.442.4%9/27/20199/30/201910/11/2019
6/20/2019Quarterly$0.446/28/20197/1/20197/12/2019
3/14/2019quarterly$0.442.16%3/22/20193/25/20194/5/2019
12/14/2018quarterly$0.382.12%12/30/201912/31/20191/11/2019
9/21/2018quarterly$0.381.73%9/28/201810/1/201810/5/2018
6/22/2018quarterly$0.381.85%6/29/20187/2/20187/10/2018
3/16/2018quarterly$0.382.01%3/23/20183/26/20184/6/2018
12/15/2017quarterly$0.321.82%12/22/201712/26/20171/5/2018
9/21/2017quarterly$0.321.77%9/22/20179/25/201710/6/2017
6/15/2017quarterly$0.321.94%6/22/20176/26/20177/7/2017
3/16/2017Quarterly$0.321.94%3/23/20173/27/20174/7/2017
12/9/2016quarterly$0.291.66%12/21/201612/26/20161/6/2017
9/16/2016quarterly$0.292.21%9/23/20169/26/201610/7/2016
6/16/2016quarterly$0.292.59%6/23/20166/27/20167/8/2016
3/17/2016quarterly$0.292.43%3/23/20163/28/20164/8/2016
12/11/2015quarterly$0.262.26%12/23/201512/28/20151/8/2016
9/17/2015quarterly$0.262.33%9/24/20159/28/201510/9/2015
6/18/2015quarterly$0.262.16%6/25/20156/29/20157/10/2015
3/19/2015quarterly$0.262.32%3/26/20153/30/20154/10/2015
12/11/2014quarterly$0.242.37%12/24/201412/29/20141/9/2015
9/18/2014quarterly$0.242.6%9/25/20149/29/201410/10/2014
6/19/2014quarterly$0.242.52%6/26/20146/30/20147/11/2014
3/20/2014quarterly$0.242.38%3/27/20143/31/20144/11/2014
12/12/2013quarterly$0.222.43%12/26/201312/30/20131/10/2014
9/19/2013quarterly$0.222.45%9/26/20139/30/201310/11/2013
6/20/2013quarterly$0.222.62%6/27/20137/1/20137/12/2013
3/21/2013quarterly$0.222.73%3/27/20134/1/20134/12/2013
12/12/2012quarterly$0.212.9%12/20/201212/24/201212/31/2012
(Data available from 1/1/2013 forward)













Independent Bank Dividend - Frequently Asked Questions

What is Independent Bank's dividend yield?

The current dividend yield for Independent Bank is 4.16%. Learn more on INDB's dividend yield history.

How much is Independent Bank's annual dividend?

The annual dividend for INDB shares is $2.20. Learn more on INDB's annual dividend history.

How often does Independent Bank pay dividends?

Independent Bank pays quarterly dividends to shareholders.

When was Independent Bank's most recent dividend payment?

Independent Bank's most recent quarterly dividend payment of $0.55 per share was made to shareholders on Friday, January 5, 2024.

When was Independent Bank's most recent ex-dividend date?

Independent Bank's most recent ex-dividend date was Friday, December 22, 2023.

Is Independent Bank's dividend growing?

Over the past three years, the company's dividend has grown by an average of 6.14% per year.

When did Independent Bank last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.04 on Thursday, December 8, 2022.

What is Independent Bank's dividend payout ratio?
The dividend payout ratio for INDB is:
  • 40.59% based on the trailing year of earnings
  • 48.03% based on this year's estimates
  • 45.45% based on next year's estimates
  • 32.62% based on cash flow

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This page (NASDAQ:INDB) was last updated on 2/12/2024 by MarketBeat.com Staff

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