Independent Bank Corp.

Independent Bank Corp.

INDBยทNASDAQ

$76.74

-0.97%
Financial ServicesBanks - Regional

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

At a Glance

Live Snapshot
Market Cap$3.70B
EPS4.4500
P/E Ratio17.24
Earnings Date07/16/2026
0.85%
Dividend Yield
5%
3Y-
5Y+56.0%
10Y+34.0%
39.22%
Dividend Payout Ratio
1%
3Y-4.0%
5Y+8.0%
10Y+5.0%
3Y+26.0%
5Y+94.0%
10Y+331.0%
Independent Bank Corp.

Independent Bank Corp. Dividend History

INDB ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

INDB Dividend Payment History

INDB ยท NASDAQ

Total Payments

50

Latest Dividend

$0.6400

Annual Amount

$3.0000

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Mar 19, 2026
Mar 30, 2026Apr 9, 2026
$0.6400
$0.6400
Quarterly+8.47%
Dec 10, 2025
Dec 29, 2025Jan 7, 2026
$0.5900
$0.5900
Quarterly0.00%
Sep 18, 2025
Sep 29, 2025Oct 7, 2025
$0.5900
$0.5900
Quarterly0.00%
Jun 18, 2025
Jun 30, 2025Jul 7, 2025
$0.5900
$0.5900
Quarterly0.00%
Mar 20, 2025
Mar 31, 2025Apr 7, 2025
$0.5900
$0.5900
Quarterly+3.51%
Dec 12, 2024
Dec 30, 2024Jan 6, 2025
$0.5700
$0.5700
Quarterly0.00%
Sep 19, 2024
Sep 30, 2024Oct 4, 2024
$0.5700
$0.5700
Quarterly0.00%
Jun 20, 2024
Jul 1, 2024Jul 8, 2024
$0.5700
$0.5700
Quarterly0.00%
Mar 21, 2024
Apr 1, 2024Apr 5, 2024
$0.5700
$0.5700
Quarterly+3.64%
Dec 14, 2023
Dec 26, 2023Jan 5, 2024
$0.5500
$0.5500
Quarterly0.00%
Sep 21, 2023
Oct 2, 2023Oct 6, 2023
$0.5500
$0.5500
Quarterly0.00%
Jun 15, 2023
Jun 26, 2023Jul 7, 2023
$0.5500
$0.5500
Quarterly0.00%
Mar 16, 2023
Mar 27, 2023Apr 6, 2023
$0.5500
$0.5500
Quarterly0.00%
Dec 8, 2022
Dec 27, 2022Jan 6, 2023
$0.5500
$0.5500
Quarterly+7.84%
Sep 15, 2022
Sep 26, 2022Oct 7, 2022
$0.5100
$0.5100
Quarterly0.00%
Jun 16, 2022
Jun 27, 2022Jul 8, 2022
$0.5100
$0.5100
Quarterly0.00%
Mar 17, 2022
Mar 28, 2022Apr 8, 2022
$0.5100
$0.5100
Quarterly+6.25%
Dec 9, 2021
Dec 27, 2021Jan 7, 2022
$0.4800
$0.4800
Quarterly0.00%
Sep 16, 2021
Sep 27, 2021Oct 8, 2021
$0.4800
$0.4800
Quarterly0.00%
Jun 17, 2021
Jun 28, 2021Jul 9, 2021
$0.4800
$0.4800
Quarterly0.00%
Mar 18, 2021
Mar 29, 2021Apr 9, 2021
$0.4800
$0.4800
Quarterly+4.35%
Dec 10, 2020
Dec 28, 2020Jan 8, 2021
$0.4600
$0.4600
Quarterly0.00%
Sep 17, 2020
Sep 28, 2020Oct 9, 2020
$0.4600
$0.4600
Quarterly0.00%
Jun 18, 2020
Jun 29, 2020Jul 10, 2020
$0.4600
$0.4600
Quarterly0.00%
Mar 19, 2020
Mar 30, 2020Apr 9, 2020
$0.4600
$0.4600
Quarterly+4.55%
Dec 12, 2019
Dec 30, 2019Jan 10, 2020
$0.4400
$0.4400
Quarterly0.00%
Sep 19, 2019
Sep 30, 2019Oct 11, 2019
$0.4400
$0.4400
Quarterly0.00%
Jun 20, 2019
Jul 1, 2019Jul 12, 2019
$0.4400
$0.4400
Quarterly0.00%
Mar 13, 2019
Mar 25, 2019Apr 5, 2019
$0.4400
$0.4400
Quarterly+15.79%
Dec 13, 2018
Dec 31, 2018Jan 11, 2019
$0.3800
$0.3800
Quarterly0.00%
Sep 20, 2018
Oct 1, 2018Oct 5, 2018
$0.3800
$0.3800
Quarterly0.00%
Jun 21, 2018
Jul 2, 2018Jul 10, 2018
$0.3800
$0.3800
Quarterly0.00%
Mar 15, 2018
Mar 26, 2018Apr 6, 2018
$0.3800
$0.3800
Quarterly+18.75%
Dec 14, 2017
Dec 26, 2017Jan 5, 2018
$0.3200
$0.3200
Quarterly0.00%
Sep 22, 2017
Oct 2, 2017Oct 6, 2017
$0.3200
$0.3200
Quarterly0.00%
Sep 21, 2017
Sep 25, 2017Oct 6, 2017
$0.3200
$0.3200
Quarterly0.00%
Jun 16, 2017
Jun 26, 2017Jul 7, 2017
$0.3200
$0.3200
Quarterly0.00%
Mar 16, 2017
Mar 27, 2017Apr 7, 2017
$0.3200
$0.3200
Quarterly+10.34%
Dec 9, 2016
Dec 26, 2016Jan 6, 2017
$0.2900
$0.2900
Quarterly0.00%
Sep 16, 2016
Sep 26, 2016Oct 7, 2016
$0.2900
$0.2900
Quarterly0.00%
Jun 17, 2016
Jun 27, 2016Jul 8, 2016
$0.2900
$0.2900
Quarterly0.00%
Mar 17, 2016
Mar 28, 2016Apr 8, 2016
$0.2900
$0.2900
Quarterly+11.54%
Dec 11, 2015
Dec 28, 2015Jan 8, 2016
$0.2600
$0.2600
Quarterly0.00%
Sep 18, 2015
Sep 28, 2015Oct 9, 2015
$0.2600
$0.2600
Quarterly0.00%
Jun 19, 2015
Jun 29, 2015Jul 10, 2015
$0.2600
$0.2600
Quarterly0.00%
Mar 23, 2015
Mar 30, 2015Apr 10, 2015
$0.2600
$0.2600
Quarterly+8.33%
Dec 12, 2014
Dec 29, 2014Jan 9, 2015
$0.2400
$0.2400
Quarterly0.00%
Sep 18, 2014
Sep 29, 2014Oct 10, 2014
$0.2400
$0.2400
Quarterly0.00%
Jun 20, 2014
Jun 30, 2014Jul 11, 2014
$0.2400
$0.2400
Quarterly0.00%
Mar 20, 2014
Mar 31, 2014Apr 11, 2014
$0.2400
$0.2400
Quarterly-
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Independent Bank Corp. Payout Ratio Analysis

INDB ยท NASDAQ
Dividends Paid
-103.90M
2025
Net Income
205.12M
2025
Payout Ratio
50.65%
2025

Dividend Sustainability Analysis

Payout Ratio
50.65%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
43.4%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-8.0%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.