Independent Bank Corp.
Dividend Yield & History

Last updated:

Its most recent quarterly dividend was paid to shareholders on 7 Jan 2022. In trailing 12 Months, 48.9% of the company’s earnings is paid out as dividends.

INDB Most Recent Dividend 7 Jan 2022
INDB Dividend Yield TTM 2.63%
INDB Payout Ratio TTM 48.9% (Trailing 12 Months of Earnings)
Independent Bank Corp. (NASDAQ:INDB): Payout ratio
Payout ratio 48.9%

Independent Bank Corp. stock dividend per share (2016 – 2021)

Independent Bank Corp. (NASDAQ:INDB): Dividend per share
2016 $1.16
2017 $1.6
2018 $1.52
2019 $1.76
2020 $1.84
2021 $1.92

Independent Bank Corp. stock dividend yield (2016 – 2021)

Independent Bank Corp. (NASDAQ:INDB): Dividend Yield
2016 1.6%
2017 1.79%
2018 2.07%
2019 1.95%
2020 2.5%
2021 2.21%

Independent Bank Corp. stock dividend history by quarter (1986 – 2021)

Date Dividend Dividend adjustment Declaration date Record date Payment date
23 Dec 2021 $0.48000 $0.48000 9 Dec 2021 27 Dec 2021 7 Jan 2022
24 Sep 2021 $0.48000 $0.48000 16 Sep 2021 27 Sep 2021 8 Oct 2021
25 Jun 2021 $0.48000 $0.48000 28 Jun 2021 9 Jul 2021
26 Mar 2021 $0.48000 $0.48000 18 Mar 2021 29 Mar 2021 9 Apr 2021
24 Dec 2020 $0.46000 $0.46000 10 Dec 2020 28 Dec 2020 8 Jan 2021
25 Sep 2020 $0.46000 $0.46000 17 Sep 2020 28 Sep 2020 9 Oct 2020
26 Jun 2020 $0.46000 $0.46000 18 Jun 2020 29 Jun 2020 10 Jul 2020
27 Mar 2020 $0.46000 $0.46000 19 Mar 2020 30 Mar 2020 9 Apr 2020
27 Dec 2019 $0.44000 $0.44000 12 Dec 2019 30 Dec 2019 10 Jan 2020
27 Sep 2019 $0.44000 $0.44000 19 Sep 2019 30 Sep 2019 11 Oct 2019
28 Jun 2019 $0.44000 $0.44000 20 Jun 2019 1 Jul 2019 12 Jul 2019
22 Mar 2019 $0.44000 $0.44000 13 Mar 2019 25 Mar 2019 5 Apr 2019
28 Dec 2018 $0.38000 $0.38000 13 Dec 2018 31 Dec 2018 11 Jan 2019
28 Sep 2018 $0.38000 $0.38000 20 Sep 2018 1 Oct 2018 5 Oct 2018
29 Jun 2018 $0.38000 $0.38000 21 Jun 2018 2 Jul 2018 10 Jul 2018
23 Mar 2018 $0.38000 $0.38000 15 Mar 2018 26 Mar 2018 6 Apr 2018
22 Dec 2017 $0.32000 $0.32000 14 Dec 2017 26 Dec 2017 5 Jan 2018
29 Sep 2017 $0.32000 $0.32000 21 Sep 2017 2 Oct 2017 6 Oct 2017
22 Sep 2017 $0.32000 $0.32000
22 Jun 2017 $0.32000 $0.32000 16 Jun 2017 26 Jun 2017 7 Jul 2017
23 Mar 2017 $0.32000 $0.32000 16 Mar 2017 27 Mar 2017 7 Apr 2017
21 Dec 2016 $0.29000 $0.29000 8 Dec 2016 26 Dec 2016 6 Jan 2017
22 Sep 2016 $0.29000 $0.29000 15 Sep 2016 26 Sep 2016 7 Oct 2016
23 Jun 2016 $0.29000 $0.29000 16 Jun 2016 27 Jun 2016 8 Jul 2016
23 Mar 2016 $0.29000 $0.29000 17 Mar 2016 28 Mar 2016 8 Apr 2016
23 Dec 2015 $0.26000 $0.26000 10 Dec 2015 28 Dec 2015 8 Jan 2016
24 Sep 2015 $0.26000 $0.26000 17 Sep 2015 28 Sep 2015 9 Oct 2015
25 Jun 2015 $0.26000 $0.26000 18 Jun 2015 29 Jun 2015 10 Jul 2015
26 Mar 2015 $0.26000 $0.26000 19 Mar 2015 30 Mar 2015 10 Apr 2015
24 Dec 2014 $0.24000 $0.24000 11 Dec 2014 29 Dec 2014 9 Jan 2015
25 Sep 2014 $0.24000 $0.24000 18 Sep 2014 29 Sep 2014 10 Oct 2014
26 Jun 2014 $0.24000 $0.24000 19 Jun 2014 30 Jun 2014 11 Jul 2014
27 Mar 2014 $0.24000 $0.24000 20 Mar 2014 31 Mar 2014 11 Apr 2014
26 Dec 2013 $0.22000 $0.22000 12 Dec 2013 30 Dec 2013 10 Jan 2014
26 Sep 2013 $0.22000 $0.22000 19 Sep 2013 30 Sep 2013 11 Oct 2013
27 Jun 2013 $0.22000 $0.22000 20 Jun 2013 1 Jul 2013 12 Jul 2013
27 Mar 2013 $0.22000 $0.22000 21 Mar 2013 1 Apr 2013 12 Apr 2013
20 Dec 2012 $0.21000 $0.21000 12 Dec 2012 24 Dec 2012 31 Dec 2012
27 Sep 2012 $0.21000 $0.21000 20 Sep 2012 1 Oct 2012 12 Oct 2012
28 Jun 2012 $0.21000 $0.21000 21 Jun 2012 2 Jul 2012 13 Jul 2012
22 Mar 2012 $0.21000 $0.21000 15 Mar 2012 26 Mar 2012 5 Apr 2012
21 Dec 2011 $0.19000 $0.19000 15 Dec 2011 26 Dec 2011 6 Jan 2012
22 Sep 2011 $0.19000 $0.19000 15 Sep 2011 26 Sep 2011 7 Oct 2011
23 Jun 2011 $0.19000 $0.19000 16 Jun 2011 27 Jun 2011 8 Jul 2011
24 Mar 2011 $0.19000 $0.19000 17 Mar 2011 28 Mar 2011 8 Apr 2011
22 Dec 2010 $0.18000 $0.18000 16 Dec 2010 27 Dec 2010 7 Jan 2011
23 Sep 2010 $0.18000 $0.18000 16 Sep 2010 27 Sep 2010 8 Oct 2010
24 Jun 2010 $0.18000 $0.18000 17 Jun 2010 28 Jun 2010 9 Jul 2010
25 Mar 2010 $0.18000 $0.18000 18 Mar 2010 29 Mar 2010 9 Apr 2010
23 Dec 2009 $0.18000 $0.18000 10 Dec 2009 28 Dec 2009 8 Jan 2010
24 Sep 2009 $0.18000 $0.18000 18 Sep 2009 28 Sep 2009 9 Oct 2009
25 Jun 2009 $0.18000 $0.18000 18 Jun 2009 29 Jun 2009 10 Jul 2009
26 Mar 2009 $0.18000 $0.18000 19 Mar 2009 30 Mar 2009 9 Apr 2009
24 Dec 2008 $0.18000 $0.18000 11 Dec 2008 29 Dec 2008 9 Jan 2009
25 Sep 2008 $0.18000 $0.18000 18 Sep 2008 29 Sep 2008 10 Oct 2008
26 Jun 2008 $0.18000 $0.18000 19 Jun 2008 30 Jun 2008 11 Jul 2008
27 Mar 2008 $0.18000 $0.18000 20 Mar 2008 31 Mar 2008 11 Apr 2008
20 Dec 2007 $0.17000 $0.17000 13 Dec 2007 24 Dec 2007 4 Jan 2008
21 Sep 2007 $0.17000 $0.17000 20 Sep 2007 25 Sep 2007 5 Oct 2007
22 Jun 2007 $0.17000 $0.17000 21 Jun 2007 26 Jun 2007 6 Jul 2007
22 Mar 2007 $0.17000 $0.17000 15 Mar 2007 26 Mar 2007 6 Apr 2007
21 Dec 2006 $0.16000 $0.16000 14 Dec 2006 26 Dec 2006 5 Jan 2007
26 Sep 2006 $0.16000 $0.16000 21 Sep 2006 28 Sep 2006 6 Oct 2006
22 Jun 2006 $0.16000 $0.16000 15 Jun 2006 26 Jun 2006 7 Jul 2006
23 Mar 2006 $0.16000 $0.16000 16 Mar 2006 27 Mar 2006 7 Apr 2006
21 Dec 2005 $0.15000 $0.15000 15 Dec 2005 26 Dec 2005 6 Jan 2006
22 Sep 2005 $0.15000 $0.15000 15 Sep 2005 26 Sep 2005 7 Oct 2005
23 Jun 2005 $0.15000 $0.15000 16 Jun 2005 27 Jun 2005 8 Jul 2005
22 Mar 2005 $0.15000 $0.15000 10 Mar 2005 25 Mar 2005 8 Apr 2005
29 Dec 2004 $0.14000 $0.14000 9 Dec 2004 31 Dec 2004 14 Jan 2005
22 Sep 2004 $0.14000 $0.14000 10 Sep 2004 24 Sep 2004 8 Oct 2004
23 Jun 2004 $0.14000 $0.14000 14 Jun 2004 25 Jun 2004 9 Jul 2004
24 Mar 2004 $0.14000 $0.14000 11 Mar 2004 26 Mar 2004 9 Apr 2004
23 Dec 2003 $0.13000 $0.13000 12 Dec 2003 26 Dec 2003 9 Jan 2004
24 Sep 2003 $0.13000 $0.13000 11 Sep 2003 26 Sep 2003 10 Oct 2003
25 Jun 2003 $0.13000 $0.13000 12 Jun 2003 27 Jun 2003 11 Jul 2003
26 Mar 2003 $0.13000 $0.13000 13 Mar 2003 28 Mar 2003 11 Apr 2003
24 Dec 2002 $0.12000 $0.12000 12 Dec 2002 27 Dec 2002 10 Jan 2003
25 Sep 2002 $0.12000 $0.12000 12 Sep 2002 27 Sep 2002 11 Oct 2002
26 Jun 2002 $0.12000 $0.12000 13 Jun 2002 28 Jun 2002 12 Jul 2002
26 Mar 2002 $0.12000 $0.12000 14 Mar 2002 29 Mar 2002 12 Apr 2002
26 Dec 2001 $0.11000 $0.11000 13 Dec 2001 28 Dec 2001 11 Jan 2002
26 Sep 2001 $0.11000 $0.11000 13 Sep 2001 28 Sep 2001 12 Oct 2001
27 Jun 2001 $0.11000 $0.11000 14 Jun 2001 29 Jun 2001 13 Jul 2001
28 Mar 2001 $0.11000 $0.11000 8 Mar 2001 30 Mar 2001 13 Apr 2001
27 Dec 2000 $0.10000 $0.10000 14 Dec 2000 29 Dec 2000 12 Jan 2001
27 Sep 2000 $0.10000 $0.10000 14 Sep 2000 29 Sep 2000 13 Oct 2000
28 Jun 2000 $0.10000 $0.10000 8 Jun 2000 30 Jun 2000 14 Jul 2000
29 Mar 2000 $0.10000 $0.10000 9 Mar 2000 31 Mar 2000 14 Apr 2000
29 Dec 1999 $0.10000 $0.10000 9 Dec 1999 31 Dec 1999 14 Jan 2000
22 Sep 1999 $0.10000 $0.10000 9 Sep 1999 24 Sep 1999 8 Oct 1999
23 Jun 1999 $0.10000 $0.10000 10 Jun 1999 25 Jun 1999 9 Jul 1999
24 Mar 1999 $0.10000 $0.10000 11 Mar 1999 26 Mar 1999 9 Apr 1999
22 Dec 1998 $0.10000 $0.10000 10 Dec 1998 25 Dec 1998 8 Jan 1999
23 Sep 1998 $0.10000 $0.10000 10 Sep 1998 25 Sep 1998 9 Oct 1998
24 Jun 1998 $0.10000 $0.10000 11 Jun 1998 26 Jun 1998 10 Jul 1998
25 Mar 1998 $0.10000 $0.10000 12 Mar 1998 27 Mar 1998 10 Apr 1998
23 Dec 1997 $0.09000 $0.09000 11 Dec 1997 26 Dec 1997 9 Jan 1998
24 Sep 1997 $0.09000 $0.09000 11 Sep 1997 26 Sep 1997 10 Oct 1997
25 Jun 1997 $0.08000 $0.08000 12 Jun 1997 27 Jun 1997 11 Jul 1997
25 Mar 1997 $0.08000 $0.08000 13 Mar 1997 28 Mar 1997 11 Apr 1997
24 Dec 1996 $0.07000 $0.07000 12 Dec 1996 27 Dec 1996 10 Jan 1997
25 Sep 1996 $0.06000 $0.06000 12 Sep 1996 27 Sep 1996 11 Oct 1996
26 Jun 1996 $0.06000 $0.06000 17 Jun 1996 28 Jun 1996 12 Jul 1996
27 Mar 1996 $0.05000 $0.06000 15 Jun 1996 29 Mar 1996 12 Apr 1996
27 Dec 1995 $0.05000 $0.05000 15 Dec 1995 29 Dec 1995 12 Jan 1996
27 Sep 1995 $0.05000 $0.05000 14 Sep 1995 29 Sep 1995 13 Oct 1995
21 Jun 1995 $0.04000 $0.04000 8 Jun 1995 23 Jun 1995 7 Jul 1995
20 Mar 1995 $0.04000 $0.04000 9 Mar 1995 24 Mar 1995 7 Apr 1995
19 Dec 1994 $0.04000 $0.04000 23 Dec 1994 6 Jan 1995
7 Oct 1994 $0.04000 $0.03000 14 Oct 1994 28 Oct 1994
15 Mar 1990 $0.09000 $0.09000 2 Mar 1990 21 Mar 1990 1 Apr 1990
18 Dec 1989 $0.09000 $0.09000 13 Nov 1989 22 Dec 1989 1 Jan 1990
14 Sep 1989 $0.09000 $0.09000
14 Jun 1989 $0.08000 $0.08000
14 Mar 1989 $0.08000 $0.08000
16 Dec 1988 $0.08000 $0.08000
16 Aug 1988 $0.08000 $0.08000
17 May 1988 $0.07000 $0.07000
17 Feb 1988 $0.07000 $0.07000
16 Feb 1988 $0.07000 $0.07000
16 Dec 1987 $0.06700 $0.06700
23 Nov 1987 $0.05300 $0.05300
18 Aug 1987 $0.05333 $0.05333
19 May 1987 $0.04667 $0.04667
18 Feb 1987 $0.04667 $0.04667
18 Dec 1986 $0.06000 $0.06000
18 Nov 1986 $0.04670 $0.04670
5 Aug 1986 $0.04670 $0.04670

Independent Bank Corp. Dividend FAQs

Does Independent Bank Corp. pay dividends?

Yes, Independent Bank Corp. pays dividends to its shareholders. The current dividend yield for the trailing 12 months is at 2.63%.

When does Independent Bank Corp. pay dividends?

The last payment date was on 7 Jan 2022.

How much does Independent Bank Corp. pay in dividends?

The most recent quarterly dividend was $0.48. The total yearly dividend (TTM) amounted to $0, per share.

What is dividend?

Dividend is money paid to shareholders of a company as a reward for their investment in the company's equity. Most often, they are paid out in form of cash or additional stocks.

How do dividends work?

Dividends are paid per share, meaning for every share held a shareholder gets a declared percentage of the company’s net earnings. Dividend payouts are usually on an annual or quarterly basis.

What is a dividend payout ratio?

The percentage of a company's total earnings that is paid to its shareholders.

How to calculate the dividend payout ratio?

The dividend ratio can be calculated by dividing the annual amount paid out in dividends by net earnings of the company.

What is the dividend yield?

The dividend yield determines the rate of return to shareholders of a company via dividends.

How to calculate the dividend yield?

The dividend yield can be calculated by dividing the annual dividends per share by the price per share.

What is the declaration date of dividend?

The declaration date is the day when a company announces its nearest dividend payment date.

What is the ex-dividend date of dividend?

If you buy shares of a company before its ex-dividend date, you are sure to be paid the nearest scheduled dividend on the payment date. Conversely, all shareholders who sold their shares prior to this date will not receive the next scheduled dividend.

What is the record date of dividend?

If an investor is listed as a shareholder of a company on this day, they are eligible to receive the nearest scheduled dividend. The record date is one business day after the ex-dividend date.

What is the payment date of dividend?

The payment date is a day when the dividends are paid out to all shareholders eligible to receive the latest dividend.