S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches

Independent Bank (INDB) Dividend Yield, Date & History

$50.95
-1.22 (-2.34%)
(As of 03/1/2024 ET)

Dividend Summary

Dividend Yield
4.32%
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$1.75$1.23
Dividend Yield4.32%1,059.04%387.29%
Annualized 3-Year Dividend Growth6.14%884.72%1,393.41%

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 Cashflow32.77%

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 4.32%. 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
  • 32.77% based on cash flow

More Dividend Resources from MarketBeat

This page (NASDAQ:INDB) was last updated on 3/2/2024 by MarketBeat.com Staff