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Independent Bank (INDB)
NASDAQ:INDB
Dividend Data
Last Ex-Dividend Date
Mar 31, 2025Payment date
Apr 07, 2025
Apr 07, 2025
Dividend Amount Per Share
$2.296Quarterly
Dividend Yield
3.78%Sector: Financial
Sector Average: 1.42%
Sector Average: 1.42%
Payout Ratio
51.15%Dividend Growth
Over 16 years Since 2009
Last 3 Months
INDB Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
Mar 31, 2025 | Mar 31, 2025 | Apr 07, 2025 | Quarterly | Mar 20, 2025 | $0.59 |
Dec 30, 2024 | Dec 30, 2024 | Jan 06, 2025 | Quarterly | Dec 12, 2024 | $0.57 |
Sep 30, 2024 | Sep 30, 2024 | Oct 04, 2024 | Quarterly | Sep 19, 2024 | $0.57 |
Jul 01, 2024 | Jul 01, 2024 | Jul 08, 2024 | Quarterly | Jun 20, 2024 | $0.57 |
Mar 28, 2024 | Apr 01, 2024 | Apr 05, 2024 | Quarterly | Mar 21, 2024 | $0.57 |
Dec 22, 2023 | Dec 26, 2023 | Jan 05, 2024 | Quarterly | Dec 14, 2023 | $0.55 |
Sep 29, 2023 | Oct 02, 2023 | Oct 06, 2023 | Quarterly | Sep 21, 2023 | $0.55 |
Jun 23, 2023 | Jun 26, 2023 | Jul 07, 2023 | Quarterly | Jun 15, 2023 | $0.55 |
Mar 24, 2023 | Mar 27, 2023 | Apr 06, 2023 | Quarterly | Mar 16, 2023 | $0.55 |
Dec 23, 2022 | Dec 27, 2022 | Jan 06, 2023 | Quarterly | Dec 08, 2022 | $0.55 |
FAQ
Does Independent Bank pay dividends?
Yes, INDB has paid a dividend within the past 12 months.
How much is Independent Bank's dividend?
INDB pays a dividend of $2.296 per share. INDB's annual dividend yield is 3.78%.
When is Independent Bank ex-dividend date?
Independent Bank's previous ex-dividend date was on Mar 31, 2025. Independent Bank shareholders who own INDB stock before this date received Independent Bank's last dividend payment of $2.3 per share on Apr 07, 2025. INDB's next ex-dividend date has not been announced yet.
When is Independent Bank dividend payment date?
Independent Bank’s next quarterly payment date is on Apr 07, 2025, when Independent Bank shareholders who owned INDB shares before Mar 31, 2025 received a dividend payment of $2.3 per share. Add INDB to your watchlist to be reminded of INDB's next dividend payment.
Does Independent Bank have sufficient earnings to cover their dividend?
Yes, INDB's past year earnings per share was $1.06, and their annual dividend per share is $2.30. INDB's dividend payout ratio is 51.15% ($2.30/$1.06) which is sustainable.