Independent Bank Corp. (Nasdaq Global Select Market: INDB) has announced a quarterly dividend of $0.59 per share, payable on July 7, 2025. This represents a change from the previous dividend, indicating an update in the company's dividend policy.
As a holding company for Rockland Trust Company, Independent Bank Corp. operates as a full-service commercial bank based in Massachusetts, with retail branches in Eastern Massachusetts and Worcester County. The company also has commercial banking and investment management offices in Massachusetts and Rhode Island, offering a wide range of banking, investment, and insurance services to individuals, families, and businesses.
The announcement of this dividend reflects the company's commitment to providing returns to its shareholders and maintaining its financial stability and performance. The market has reacted to these announcements by moving the company's shares 0.0% to a price of $61.26. If you want to know more, read the company's complete 8-K report here.