Independent Bank Corp (Massachusetts) (INDB) has declared a quarterly dividend of $0.59 per share, payable to shareholders of record. The ex-dividend date is set for December 28, 2025, meaning investors must own shares before this date to be eligible for the dividend payment. The payment will be distributed on January 6, 2026.
With a current dividend yield of 3.05%, the announcement highlights the bank's commitment to providing regular income to its shareholders. Independent Bank Corp operates as a bank holding company, offering a range of banking, investment, and insurance services across Eastern Massachusetts, Worcester County, and Southern New Hampshire. The company has a market capitalization of $3.7 billion and a trailing twelve-month P/E ratio of 20.50, with earnings per share reported at 4.10.
Such decisions reflect the bank's ongoing strategy to maintain a consistent dividend payout, which can be appealing to income-focused investors. However, it is important to note that dividends are not guaranteed and can be adjusted based on the company's financial performance.
Investors may want to consider the company's dividend history, payout ratio, and overall financial health when assessing the sustainability of its dividend payments. Upcoming earnings are anticipated on July 15, 2026, with an estimated EPS of $1.84 and revenue of $258.9 million.