NASDAQ:INDB - Independent Bank Dividend Yield, History & Payout Ratio

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$77.62 -1.77 (-2.23 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$79.39
Today's Range$77.52 - $79.68
52-Week Range$66.12 - $95.00
Volume71,680 shs
Average Volume102,640 shs
Market Capitalization$1.83 billion
P/E Ratio16.55
Dividend Yield1.91%
Beta1.08

Dividends

Independent Bank (NASDAQ:INDB) Dividend Information

Independent Bank pays an annual dividend of $1.52 per share, with a dividend yield of 1.96%. INDB's next quarterly dividend payment will be made to shareholders of record on Friday, April 5. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 12.70% each year. Independent Bank pays out 32.41% of its earnings out as a dividend.
Next Dividend:4/5/2019
Annual Dividend:$1.52
Dividend Yield:1.96%
Dividend Growth:12.70% (3 Year Average)
Payout Ratio(s):32.41% (Trailing 12 Months of Earnings)
27.24% (Based on This Year's Estimates)
25.85% (Based on Next Year's Estimates)
30.51% (Based on Cash Flow)
Track Record:8 Years of Consecutive Dividend Growth
Frequency:Quarterly Dividend
Most-Recent Increase:$0.06 increase on 3/14/2019
Dividend Payments by Quarter for Independent Bank (NASDAQ:INDB)

Independent Bank (NASDAQ:INDB) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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