Independent Bank (INDB) Raises Quarterly Dividend 4.5% to $0.46; 2.9% Yield

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Go back to Independent Bank (INDB) Raises Quarterly Dividend 4.5% to $0.46; 2.9% Yield

Independent Bank Corp. Announces a 5% Increase in the Quarterly Dividend

March 19, 2020 5:07 PM EDT

ROCKLAND, Mass.--(BUSINESS WIRE)-- The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.46 per share dividend. The dividend will be payable on April 9, 2020, to stockholders of record as of the close of business on March 30, 2020.

The current environment is unprecedented," stated Chris Oddleifson, Chief Executive Officer of Independent Bank Corp. "While... More