DIVIDEND ANNOUNCEMENT: Independent Bank Corp (MA) (NASDAQ:INDB) on 03/21/2024 declared a dividend of $0.5700 per share

Independent Bank Corp (MA) (NASDAQ:INDB) on 03/21/2024 declared a dividend of $ 0.5700 per share payable on April 05, 2024 to shareholders of record as of April 01, 2024. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

Independent Bank Corp (MA) (NASDAQ:INDB) has paid dividends since 1994, has a current dividend yield of 4.2943587303% and has increased its dividends for 10 successive years.

Independent Bank Corp (MA)'s market cap is $ 2,174,508,580 and has a PE ratio of 9.45. The stock price closed yesterday at $ 51.23 and has a 52 week low/high of $ 43.28 and $ 69.68.

Independent Bank is a bank holding company. Through its subsidiary, Rockland Trust Company (the Bank), Co. is engaged in the community banking business, providing a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. The Bank's market area is generally comprised of Eastern Massachusetts, including Greater Boston, the South Shore, Cape Cod and the Islands, South Coast as well as Worcester County and Rhode Island. Borrowings consist of short-term and long-term obligations and may consist of Federal Home Loan Bank advances, federal funds purchased, and junior subordinated debentures.

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