INDB — Independent Bank Corp.
Dividend Grades
vs Financial Services sector| Metric | INDB | Sector Median |
|---|---|---|
| Dividend Yield | 3.18% | 3.27% |
| Dividend Growth (5Y) | 5.10% | 5.31% |
| Payout Ratio | 52.6% | 36.0% |
| Consecutive Years Paid | 32 | 13 |
| 1Y Total Return | +21.6% | 8.8% |
Grades compare this stock to Financial Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →
1-Year Growth
3.51%
3-Year Growth
4.30%
5-Year Growth
5.10%
10-Year Growth
8.54%
Key Dividend Dates
Next Ex-Date
N/A
Next Payment
N/A
Last Ex-Date
Dec 29, 2025
Last Payment
Jan 7, 2026
Dividend History
| Ex-Date | Amount | Change |
|---|---|---|
| Dec 29, 2025 | $0.5900 | 0.00% |
| Sep 29, 2025 | $0.5900 | 0.00% |
| Jun 30, 2025 | $0.5900 | 0.00% |
| Mar 31, 2025 | $0.5900 | +3.51% |
| Dec 30, 2024 | $0.5700 | 0.00% |
| Sep 30, 2024 | $0.5700 | 0.00% |
| Jul 1, 2024 | $0.5700 | 0.00% |
| Mar 28, 2024 | $0.5700 | +3.64% |
| Dec 22, 2023 | $0.5500 | 0.00% |
| Sep 29, 2023 | $0.5500 | 0.00% |
| Jun 23, 2023 | $0.5500 | 0.00% |
| Mar 24, 2023 | $0.5500 | 0.00% |
| Dec 23, 2022 | $0.5500 | +7.84% |
| Sep 23, 2022 | $0.5100 | 0.00% |
| Jun 24, 2022 | $0.5100 | 0.00% |
| Mar 25, 2022 | $0.5100 | +6.25% |
| Dec 23, 2021 | $0.4800 | 0.00% |
| Sep 24, 2021 | $0.4800 | 0.00% |
| Jun 25, 2021 | $0.4800 | 0.00% |
| Mar 26, 2021 | $0.4800 | +4.35% |
Payout Ratio (Earnings)
52.6%
SafeFCF Payout Ratio
47.6%
SafeFinancial Snapshot
| Period | EPS | FCF |
|---|---|---|
| Q1 2025 | $1.04 | $11.31M |
| Q2 2025 | $1.20 | $102.50M |
| Q3 2025 | $0.69 | $58.41M |
| Q4 2025 | $1.56 | $75.53M |
Peer Comparison
Frequently Asked Questions
Does Independent Bank Corp. pay a dividend?
Yes, Independent Bank Corp. (INDB) pays a quarterly dividend with a yield of 3.18%.
What is INDB's dividend yield?
INDB's current dividend yield is 3.18%. The annual dividend is $2.36.
When is INDB's next ex-dividend date?
The next ex-dividend date for INDB has not been announced yet.
How many years has Independent Bank Corp. increased its dividend?
Independent Bank Corp. has increased its dividend for 7 consecutive years.
Compare INDB:
About this data
Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.
Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.
Consecutive years — calendar years with a higher total annual dividend than the prior year.
Growth rates — annualized, comparing the most recent full year total to the total N years prior.
For informational purposes only. Not investment advice.
Data as of March 23, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.