Independent Bank Corp (Massachusetts) (INDB) has declared a quarterly dividend of $0.59 per share. This dividend is payable to shareholders of record on October 6, 2025, with an ex-dividend date set for September 28, 2025.
The dividend yield stands at 3.46%, reflecting the annual dividend income relative to the stock price. This move underscores the company's ongoing commitment to providing regular income to its shareholders.
Independent Bank Corp operates as a bank holding company, headquartered in Rockland, Massachusetts. The bank offers a range of services, including banking, investment, and insurance, through its retail branches in Eastern Massachusetts and Southern New Hampshire, as well as commercial banking offices in Massachusetts, New Hampshire, and Rhode Island. As of November 20, 2025, the company has a market capitalization of $3.4 billion and a P/E ratio of 18.96.
Investors should note that dividend announcements provide insight into a company's cash flow generation and capital allocation strategy. While regular payments can be attractive to income-focused investors, they are not guaranteed and may be adjusted based on business performance.
Upcoming earnings are scheduled for July 15, 2026, with an estimated EPS of $1.84 and revenue of $258.9 million.