WallStreetZenWallStreetZen

NASDAQ: INDB
Independent Bank Corp Stock Dividend Yield & Dates

OverviewForecastEarningsDividend
Ownership

INDB dividend stability and growth

Last Dividend per share
$0.5700
Forward Dividend yield
4.38%
INDB's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
INDB dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

INDB dividend yield vs industry/market

Company
4.2%
Industry
3.81%
INDB dividends (4.2%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
INDB dividends (4.2%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

INDB dividend payout ratio

Independent Bank Corp paid out 40.6% of its earnings over the trailing twelve months.
Retained earnings
59.4%
Payout ratio
40.6%
INDB earnings ($239.50M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

INDB vs Bank Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
INDB4.20%Yes0+40.60%
BANC2.84%No1-1.80%
PRK3.06%No6+53.70%
SFNC4.44%Yes0+57.60%
PPBI5.80%Yes0+425.80%
View Top Bank Stocks

INDB dividend dates

Last dividend payment date
Apr 5, 2024
Last ex-dividend date
Mar 28, 2024

Be the first to know when INDB increases or cuts their dividend.

Independent Bank Dividends FAQ

Does Independent Bank pay a dividend?

Yes, INDB has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Independent Bank stock.

What is Independent Bank's Dividend Payment Date?

Independent Bank's last dividend payment date was on 2024-04-05, when Independent Bank shareholders who owned INDB shares before 2024-03-28 received a dividend payment of $0.5700 per share. Independent Bank's next dividend payment date has not been announced yet. Add INDB to your watchlist to be reminded of INDB's next dividend payment.

Is Independent Bank's dividend stable?

Yes, INDB's dividend has been stable for the last 10 years.

Does Independent Bank have sufficient earnings to cover their dividend?

Yes, INDB's past year earnings per share was $5.42, and their annual dividend per share is $2.22. INDB's dividend payout ratio is 40.6%, which is sustainable.

How much is Independent Bank's dividend?

INDB pays a dividend of $2.22 per share. INDB's annual dividend yield is 4.2%. Independent Bank's dividend is higher than the US industry average of 3.81%, and it is higher than the US market average of 4.14%.

What is Independent Bank's Ex-Dividend Date?

Independent Bank's previous ex-dividend date was on 2024-03-28. Independent Bank shareholders who own INDB stock before this date received Independent Bank's last dividend payment of $0.5700 per share on 2024-04-05. Independent Bank's next ex-dividend date has not been announced yet. Add INDB to your watchlist to be reminded before INDB's ex-dividend date.

Is Independent Bank's dividend showing long-term growth?

Yes, INDB's' dividend has been growing over the last 10 years.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.