Independent Bank Corp (INDB) Dividend Yield, History & Safety Analysis
Independent Bank Corp (INDB) pays a solid 3.27% dividend yield, or $2.56 per share annually at a stock price of $78.31. The payout ratio of 48% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.0x. Dividend growth is slowing — the 3-year CAGR of -8.1% trails the 5-year rate of -2.3% and the 10-year rate of 3.9%. The most recent ex-dividend date was March 30, 2026.
- Dividend Yield
- 3.27%
- Annual Dividend
- $2.56
- Payout Ratio
- 47.9%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-03-30
- Sector
- Financial Services
- Earnings Per Share
- $5.03
Frequently Asked Questions
What is INDB's current dividend yield?
Independent Bank Corp (INDB) has a dividend yield of 3.27%, paying $2.56 per share annually.
How often does INDB pay dividends?
Independent Bank Corp typically pays dividends on a quarterly basis. The annual dividend totals $2.56 per share.
Is INDB's dividend safe?
Independent Bank Corp's dividend safety is rated "Safe." The payout ratio of 48% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.0x.
When is INDB's next ex-dividend date?
The most recent ex-dividend date for Independent Bank Corp was March 30, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is INDB's dividend growth rate?
Independent Bank Corp has a 5-year dividend compound annual growth rate (CAGR) of -2.3%. The 10-year CAGR is 3.9%.
What is INDB's payout ratio?
Independent Bank Corp has a payout ratio of 48%, meaning it distributes 48% of its earnings as dividends. This leaves significant room for dividend growth.
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