Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

Independent Bank Corp (INDB) Increases Dividend to $0.59

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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS