$76.74
-0.97%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.
Total Payments
50
Latest Dividend
$0.6400
Annual Amount
$3.0000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Mar 19, 2026 | Mar 30, 2026 | Apr 9, 2026 | $0.6400 | $0.6400 | Quarterly | +8.47% |
Dec 10, 2025 | Dec 29, 2025 | Jan 7, 2026 | $0.5900 | $0.5900 | Quarterly | 0.00% |
Sep 18, 2025 | Sep 29, 2025 | Oct 7, 2025 | $0.5900 | $0.5900 | Quarterly | 0.00% |
Jun 18, 2025 | Jun 30, 2025 | Jul 7, 2025 | $0.5900 | $0.5900 | Quarterly | 0.00% |
Mar 20, 2025 | Mar 31, 2025 | Apr 7, 2025 | $0.5900 | $0.5900 | Quarterly | +3.51% |
Dec 12, 2024 | Dec 30, 2024 | Jan 6, 2025 | $0.5700 | $0.5700 | Quarterly | 0.00% |
Sep 19, 2024 | Sep 30, 2024 | Oct 4, 2024 | $0.5700 | $0.5700 | Quarterly | 0.00% |
Jun 20, 2024 | Jul 1, 2024 | Jul 8, 2024 | $0.5700 | $0.5700 | Quarterly | 0.00% |
Mar 21, 2024 | Apr 1, 2024 | Apr 5, 2024 | $0.5700 | $0.5700 | Quarterly | +3.64% |
Dec 14, 2023 | Dec 26, 2023 | Jan 5, 2024 | $0.5500 | $0.5500 | Quarterly | 0.00% |
Sep 21, 2023 | Oct 2, 2023 | Oct 6, 2023 | $0.5500 | $0.5500 | Quarterly | 0.00% |
Jun 15, 2023 | Jun 26, 2023 | Jul 7, 2023 | $0.5500 | $0.5500 | Quarterly | 0.00% |
Mar 16, 2023 | Mar 27, 2023 | Apr 6, 2023 | $0.5500 | $0.5500 | Quarterly | 0.00% |
Dec 8, 2022 | Dec 27, 2022 | Jan 6, 2023 | $0.5500 | $0.5500 | Quarterly | +7.84% |
Sep 15, 2022 | Sep 26, 2022 | Oct 7, 2022 | $0.5100 | $0.5100 | Quarterly | 0.00% |
Jun 16, 2022 | Jun 27, 2022 | Jul 8, 2022 | $0.5100 | $0.5100 | Quarterly | 0.00% |
Mar 17, 2022 | Mar 28, 2022 | Apr 8, 2022 | $0.5100 | $0.5100 | Quarterly | +6.25% |
Dec 9, 2021 | Dec 27, 2021 | Jan 7, 2022 | $0.4800 | $0.4800 | Quarterly | 0.00% |
Sep 16, 2021 | Sep 27, 2021 | Oct 8, 2021 | $0.4800 | $0.4800 | Quarterly | 0.00% |
Jun 17, 2021 | Jun 28, 2021 | Jul 9, 2021 | $0.4800 | $0.4800 | Quarterly | 0.00% |
Mar 18, 2021 | Mar 29, 2021 | Apr 9, 2021 | $0.4800 | $0.4800 | Quarterly | +4.35% |
Dec 10, 2020 | Dec 28, 2020 | Jan 8, 2021 | $0.4600 | $0.4600 | Quarterly | 0.00% |
Sep 17, 2020 | Sep 28, 2020 | Oct 9, 2020 | $0.4600 | $0.4600 | Quarterly | 0.00% |
Jun 18, 2020 | Jun 29, 2020 | Jul 10, 2020 | $0.4600 | $0.4600 | Quarterly | 0.00% |
Mar 19, 2020 | Mar 30, 2020 | Apr 9, 2020 | $0.4600 | $0.4600 | Quarterly | +4.55% |
Dec 12, 2019 | Dec 30, 2019 | Jan 10, 2020 | $0.4400 | $0.4400 | Quarterly | 0.00% |
Sep 19, 2019 | Sep 30, 2019 | Oct 11, 2019 | $0.4400 | $0.4400 | Quarterly | 0.00% |
Jun 20, 2019 | Jul 1, 2019 | Jul 12, 2019 | $0.4400 | $0.4400 | Quarterly | 0.00% |
Mar 13, 2019 | Mar 25, 2019 | Apr 5, 2019 | $0.4400 | $0.4400 | Quarterly | +15.79% |
Dec 13, 2018 | Dec 31, 2018 | Jan 11, 2019 | $0.3800 | $0.3800 | Quarterly | 0.00% |
Sep 20, 2018 | Oct 1, 2018 | Oct 5, 2018 | $0.3800 | $0.3800 | Quarterly | 0.00% |
Jun 21, 2018 | Jul 2, 2018 | Jul 10, 2018 | $0.3800 | $0.3800 | Quarterly | 0.00% |
Mar 15, 2018 | Mar 26, 2018 | Apr 6, 2018 | $0.3800 | $0.3800 | Quarterly | +18.75% |
Dec 14, 2017 | Dec 26, 2017 | Jan 5, 2018 | $0.3200 | $0.3200 | Quarterly | 0.00% |
Sep 22, 2017 | Oct 2, 2017 | Oct 6, 2017 | $0.3200 | $0.3200 | Quarterly | 0.00% |
Sep 21, 2017 | Sep 25, 2017 | Oct 6, 2017 | $0.3200 | $0.3200 | Quarterly | 0.00% |
Jun 16, 2017 | Jun 26, 2017 | Jul 7, 2017 | $0.3200 | $0.3200 | Quarterly | 0.00% |
Mar 16, 2017 | Mar 27, 2017 | Apr 7, 2017 | $0.3200 | $0.3200 | Quarterly | +10.34% |
Dec 9, 2016 | Dec 26, 2016 | Jan 6, 2017 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Sep 16, 2016 | Sep 26, 2016 | Oct 7, 2016 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Jun 17, 2016 | Jun 27, 2016 | Jul 8, 2016 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Mar 17, 2016 | Mar 28, 2016 | Apr 8, 2016 | $0.2900 | $0.2900 | Quarterly | +11.54% |
Dec 11, 2015 | Dec 28, 2015 | Jan 8, 2016 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Sep 18, 2015 | Sep 28, 2015 | Oct 9, 2015 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Jun 19, 2015 | Jun 29, 2015 | Jul 10, 2015 | $0.2600 | $0.2600 | Quarterly | 0.00% |
Mar 23, 2015 | Mar 30, 2015 | Apr 10, 2015 | $0.2600 | $0.2600 | Quarterly | +8.33% |
Dec 12, 2014 | Dec 29, 2014 | Jan 9, 2015 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Sep 18, 2014 | Sep 29, 2014 | Oct 10, 2014 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jun 20, 2014 | Jun 30, 2014 | Jul 11, 2014 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Mar 20, 2014 | Mar 31, 2014 | Apr 11, 2014 | $0.2400 | $0.2400 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
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Snapshot
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Statements
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Dividends
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Analyst Expectations
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