Independent Bank (INDB) Raises Quarterly Dividend 7.8% to $0.55; 2.5% Yield

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Go back to Independent Bank (INDB) Raises Quarterly Dividend 7.8% to $0.55; 2.5% Yield

Independent Bank Corp. Announces an 8% Increase in the Quarterly Dividend

December 8, 2022 4:10 PM EST

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 $0.55 per share dividend. The dividend will be payable on January 6, 2023, to stockholders of record as of the close of business on December 27, 2022.

We are well positioned to continue to deliver strong and consistent results through uncertain environments, and are pleased to announce an 8% increase in our dividend for our shareholders, stated Christopher Oddleifson, Chief Executive Officer of Independent Bank Corp.

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