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INDB Projected Dividend Yield

Independent Bank Corp (MA) ( NASDAQ : INDB )

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.

30 YEAR PERFORMANCE RESULTS

INDB Dividend History Detail
INDB Dividend News
INDB Competitors News

# of Shares: 0

Closing Price: 52.73

Current Market Value: 0.00

Cost Basis: 0.00

Date Acquired:

Dividend Cash Flow
Year	Annual Dividend	Dividend Growth	# of Shares	Annual Dividend Income	Yield On Cost %
2004	0.42	0%	0	$ 0.00	0.00%
2005	0.59	40%	0	$ 0.00	0.00%
2006	0.63	7%	0	$ 0.00	0.00%
2007	0.67	6%	0	$ 0.00	0.00%
2008	0.71	6%	0	$ 0.00	0.00%
2009	0.72	1%	0	$ 0.00	0.00%
2010	0.72	0%	0	$ 0.00	0.00%
2011	0.75	4%	0	$ 0.00	0.00%
2012	1.03	37%	0	$ 0.00	0.00%
2013	0.66	0%	0	$ 0.00	0.00%
2014	0.94	42%	0	$ 0.00	0.00%
2015	1.02	9%	0	$ 0.00	0.00%
2016	1.13	11%	0	$ 0.00	0.00%
2017	1.25	11%	0	$ 0.00	0.00%
2018	1.46	17%	0	$ 0.00	0.00%
2019	1.70	16%	0	$ 0.00	0.00%
2020	1.82	7%	0	$ 0.00	0.00%
2021	1.90	4%	0	$ 0.00	0.00%
2022	2.01	6%	0	$ 0.00	0.00%
2023	2.20	9%	0	$ 0.00	0.00%
2024	2.28	6%	0	$ 0.00	4.32%
2025	2.35	6%	0	$ 0.00	4.57%
2026	2.48	6%	0	$ 0.00	4.84%
2027	2.63	6%	0	$ 0.00	5.12%
2028	2.78	6%	0	$ 0.00	5.41%
2029	2.94	6%	0	$ 0.00	5.72%
2030	3.11	6%	0	$ 0.00	6.05%
2031	3.29	6%	0	$ 0.00	6.40%
2032	3.48	6%	0	$ 0.00	6.77%
2033	3.68	6%	0	$ 0.00	7.16%
2034	3.89	6%	0	$ 0.00	7.58%
Using the current years Dividend Growth rate of 6% and projecting 6% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 7.58%
Rolling Last 4 qtrs dividends total $ 2.20 and Previous last 4 qtrs dividends total $ 2.08
Dividend 1 Yr Growth = ( 2.20 – 2.08 ) × 100 = 6% (Click the Edit pencil if you want to modify the forward dividend growth rate projection) 2.08

Year	Declaration Date	Ex-Dividend Date	Record Date	Payable Date	Dividend $ Amount
2024	Mar 21, 2024	Mar 28, 2024	Apr 01, 2024	Apr 05, 2024	0.5700
2024	Dec 14, 2023	Dec 22, 2023	Dec 26, 2023	Jan 05, 2024	0.5500
2024 Total:					1.1200
2023	Sep 21, 2023	Sep 29, 2023	Oct 02, 2023	Oct 06, 2023	0.5500
2023	Jun 15, 2023	Jun 23, 2023	Jun 26, 2023	Jul 07, 2023	0.5500
2023	Mar 16, 2023	Mar 24, 2023	Mar 27, 2023	Apr 06, 2023	0.5500
2023	Dec 08, 2022	Dec 23, 2022	Dec 27, 2022	Jan 06, 2023	0.5500
2023 Total:					2.2000
2022	Sep 15, 2022	Sep 23, 2022	Sep 26, 2022	Oct 07, 2022	0.5100
2022	Jun 16, 2022	Jun 24, 2022	Jun 27, 2022	Jul 08, 2022	0.5100
2022	Mar 17, 2022	Mar 25, 2022	Mar 28, 2022	Apr 08, 2022	0.5100
2022	Dec 09, 2021	Dec 23, 2021	Dec 27, 2021	Jan 07, 2022	0.4800
2022 Total:					2.0100
2021	Sep 16, 2021	Sep 24, 2021	Sep 27, 2021	Oct 08, 2021	0.4800
2021	Jun 17, 2021	Jun 25, 2021	Jun 28, 2021	Jul 09, 2021	0.4800
2021	Mar 18, 2021	Mar 26, 2021	Mar 29, 2021	Apr 09, 2021	0.4800
2021	Dec 10, 2020	Dec 24, 2020	Dec 28, 2020	Jan 08, 2021	0.4600
2021 Total:					1.9000
2020	Sep 17, 2020	Sep 25, 2020	Sep 28, 2020	Oct 09, 2020	0.4600
2020	Jun 18, 2020	Jun 26, 2020	Jun 29, 2020	Jul 10, 2020	0.4600
2020	Mar 19, 2020	Mar 27, 2020	Mar 30, 2020	Apr 09, 2020	0.4600
2020	Dec 12, 2019	Dec 27, 2019	Dec 30, 2019	Jan 10, 2020	0.4400
2020 Total:					1.8200
2019	Sep 19, 2019	Sep 27, 2019	Sep 30, 2019	Oct 11, 2019	0.4400
2019	Jun 20, 2019	Jun 28, 2019	Jul 01, 2019	Jul 12, 2019	0.4400
2019	Mar 13, 2019	Mar 22, 2019	Mar 25, 2019	Apr 05, 2019	0.4400
2019	Dec 13, 2018	Dec 28, 2018	Dec 31, 2018	Jan 11, 2019	0.3800
2019 Total:					1.7000