Independent Bank (INDB) Raises Quarterly Dividend 10.3% to $0.32; 2% Yield

Independent Bank (NASDAQ: INDB) declared a quarterly dividend of $0.32 per share, or $1.28 annualized. This is a 10.3% increase from the prior dividend of $0.29.

The dividend will be payable on April 7, 2017, to stockholders of record on March 27, 2017, with an ex-dividend date of March 23, 2017.

The annual yield on the dividend is 2 percent.

For a dividend history and other dividend-related data on Independent Bank (INDB) click here.

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