Independent Bank Dividend History
NASDAQ: INDBFinanceMajor BanksUSD
78.21-1.18 (-1.49%)
At close: Oct 7, 4:00 PM ET · Delayed 15 min
- Dividend yield
- 3.15%
- Annual dividend
- $2.46
- Frequency
- Quarterly
- Ex-dividend date
- Sep 28, 2026
- Payment date
- —
- Payout ratio
- 45%
Independent Bank dividend summary
Independent Bank pays a quarterly dividend of $0.64 per share ($2.56 annualized), a 3.27% yield at the current price. It has raised its annual dividend for 7 consecutive years. Over the past five full years, annual dividends per share have grown at a 5.1% compound annual rate.
The payout ratio is 45% of trailing earnings per share. INDB has 145 recorded dividend payments since 1986, totaling $2.51 per share over the last 12 months.
Summary generated from market data by MetaCap's automated system. Methodology
INDB dividend history
| Ex-dividend date | Cash amount | Change | Pay date |
|---|---|---|---|
| Sep 28, 2026 | $0.64 | — | — |
| Jun 29, 2026 | $0.64 | — | — |
| Mar 30, 2026 | $0.64 | +8.5% | — |
| Dec 29, 2025 | $0.59 | — | — |
| Sep 29, 2025 | $0.59 | — | — |
| Jun 30, 2025 | $0.59 | — | — |
| Mar 31, 2025 | $0.59 | +3.5% | — |
| Dec 30, 2024 | $0.57 | — | — |
| Sep 30, 2024 | $0.57 | — | — |
| Jul 1, 2024 | $0.57 | — | — |
| Mar 28, 2024 | $0.57 | +3.6% | — |
| Dec 22, 2023 | $0.55 | — | — |
| Sep 29, 2023 | $0.55 | — | — |
| Jun 23, 2023 | $0.55 | — | — |
| Mar 24, 2023 | $0.55 | — | — |
| Dec 23, 2022 | $0.55 | +7.8% | — |
| Sep 23, 2022 | $0.51 | — | — |
| Jun 24, 2022 | $0.51 | — | — |
| Mar 25, 2022 | $0.51 | +6.3% | — |
| Dec 23, 2021 | $0.48 | — | — |
| Sep 24, 2021 | $0.48 | — | — |
| Jun 25, 2021 | $0.48 | — | — |
| Mar 26, 2021 | $0.48 | +4.3% | — |
| Dec 24, 2020 | $0.46 | — | — |
| Sep 25, 2020 | $0.46 | — | — |
| Jun 26, 2020 | $0.46 | — | — |
| Mar 27, 2020 | $0.46 | +4.5% | — |
| Dec 27, 2019 | $0.44 | — | — |
| Sep 27, 2019 | $0.44 | — | — |
| Jun 28, 2019 | $0.44 | — | — |
| Mar 22, 2019 | $0.44 | +15.8% | — |
| Dec 28, 2018 | $0.38 | — | — |
| Sep 28, 2018 | $0.38 | — | — |
| Jun 29, 2018 | $0.38 | — | — |
| Mar 23, 2018 | $0.38 | +18.8% | — |
| Dec 22, 2017 | $0.32 | — | — |
| Sep 29, 2017 | $0.32 | — | — |
| Sep 22, 2017 | $0.32 | — | — |
| Jun 22, 2017 | $0.32 | — | — |
| Mar 23, 2017 | $0.32 | +10.3% | — |
| Dec 21, 2016 | $0.29 | — | — |
| Sep 22, 2016 | $0.29 | — | — |
| Jun 23, 2016 | $0.29 | — | — |
| Mar 23, 2016 | $0.29 | +11.5% | — |
| Dec 23, 2015 | $0.26 | — | — |
| Sep 24, 2015 | $0.26 | — | — |
| Jun 25, 2015 | $0.26 | — | — |
| Mar 26, 2015 | $0.26 | +8.3% | — |
| Dec 24, 2014 | $0.24 | — | — |
| Sep 25, 2014 | $0.24 | — | — |
| Jun 26, 2014 | $0.24 | — | — |
| Mar 27, 2014 | $0.24 | +9.1% | — |
| Dec 26, 2013 | $0.22 | — | — |
| Sep 26, 2013 | $0.22 | — | — |
| Jun 27, 2013 | $0.22 | — | — |
| Mar 27, 2013 | $0.22 | +4.8% | — |
| Dec 20, 2012 | $0.21 | — | — |
| Sep 27, 2012 | $0.21 | — | — |
| Jun 28, 2012 | $0.21 | — | — |
| Mar 22, 2012 | $0.21 | +10.5% | — |
| Dec 21, 2011 | $0.19 | — | — |
| Sep 22, 2011 | $0.19 | — | — |
| Jun 23, 2011 | $0.19 | — | — |
| Mar 24, 2011 | $0.19 | +5.6% | — |
| Dec 22, 2010 | $0.18 | — | — |
| Sep 23, 2010 | $0.18 | — | — |
| Jun 24, 2010 | $0.18 | — | — |
| Mar 25, 2010 | $0.18 | — | — |
| Dec 23, 2009 | $0.18 | — | — |
| Sep 24, 2009 | $0.18 | — | — |
| Jun 25, 2009 | $0.18 | — | — |
| Mar 26, 2009 | $0.18 | — | — |
| Dec 24, 2008 | $0.18 | — | — |
| Sep 25, 2008 | $0.18 | — | — |
| Jun 26, 2008 | $0.18 | — | — |
| Mar 27, 2008 | $0.18 | +5.9% | — |
| Dec 20, 2007 | $0.17 | — | — |
| Sep 21, 2007 | $0.17 | — | — |
| Jun 22, 2007 | $0.17 | — | — |
| Mar 22, 2007 | $0.17 | +6.3% | — |
| Dec 21, 2006 | $0.16 | — | — |
| Sep 26, 2006 | $0.16 | — | — |
| Jun 22, 2006 | $0.16 | — | — |
| Mar 23, 2006 | $0.16 | +6.7% | — |
| Dec 21, 2005 | $0.15 | — | — |
| Sep 22, 2005 | $0.15 | — | — |
| Jun 23, 2005 | $0.15 | — | — |
| Mar 22, 2005 | $0.15 | +7.1% | — |
| Dec 29, 2004 | $0.14 | — | — |
| Sep 22, 2004 | $0.14 | — | — |
| Jun 23, 2004 | $0.14 | — | — |
| Mar 24, 2004 | $0.14 | +7.7% | — |
| Dec 23, 2003 | $0.13 | — | — |
| Sep 24, 2003 | $0.13 | — | — |
| Jun 25, 2003 | $0.13 | — | — |
| Mar 26, 2003 | $0.13 | +8.3% | — |
| Dec 24, 2002 | $0.12 | — | — |
| Sep 25, 2002 | $0.12 | — | — |
| Jun 26, 2002 | $0.12 | — | — |
| Mar 26, 2002 | $0.12 | +9.1% | — |
| Dec 26, 2001 | $0.11 | — | — |
| Sep 26, 2001 | $0.11 | — | — |
| Jun 27, 2001 | $0.11 | — | — |
| Mar 28, 2001 | $0.11 | +10.0% | — |
| Dec 27, 2000 | $0.10 | — | — |
| Sep 27, 2000 | $0.10 | — | — |
| Jun 28, 2000 | $0.10 | — | — |
| Mar 29, 2000 | $0.10 | — | — |
| Dec 29, 1999 | $0.10 | — | — |
| Sep 22, 1999 | $0.10 | — | — |
| Jun 23, 1999 | $0.10 | — | — |
| Mar 24, 1999 | $0.10 | — | — |
| Dec 22, 1998 | $0.10 | — | — |
| Sep 23, 1998 | $0.10 | — | — |
| Jun 24, 1998 | $0.10 | — | — |
| Mar 25, 1998 | $0.10 | +11.1% | — |
| Dec 23, 1997 | $0.09 | — | — |
| Sep 24, 1997 | $0.09 | +12.5% | — |
| Jun 25, 1997 | $0.08 | — | — |
| Mar 25, 1997 | $0.08 | +14.3% | — |
| Dec 24, 1996 | $0.07 | +16.7% | — |
| Sep 25, 1996 | $0.06 | — | — |
| Jun 26, 1996 | $0.06 | — | — |
| Mar 27, 1996 | $0.06 | +20.0% | — |
| Dec 27, 1995 | $0.05 | — | — |
| Sep 27, 1995 | $0.05 | +25.0% | — |
| Jun 21, 1995 | $0.04 | — | — |
| Mar 20, 1995 | $0.04 | — | — |
| Dec 19, 1994 | $0.04 | +33.3% | — |
| Oct 7, 1994 | $0.03 | -66.7% | — |
| Mar 15, 1990 | $0.09 | — | — |
| Dec 18, 1989 | $0.09 | — | — |
| Sep 14, 1989 | $0.09 | +12.5% | — |
| Jun 14, 1989 | $0.08 | — | — |
| Mar 14, 1989 | $0.08 | — | — |
| Dec 16, 1988 | $0.08 | — | — |
| Aug 16, 1988 | $0.08 | +14.3% | — |
| May 17, 1988 | $0.07 | — | — |
| Feb 16, 1988 | $0.07 | +4.5% | — |
| Dec 16, 1987 | $0.067 | +26.4% | — |
| Nov 23, 1987 | $0.053 | -0.6% | — |
| Aug 18, 1987 | $0.0533 | +14.3% | — |
| May 19, 1987 | $0.0467 | — | — |
| Feb 18, 1987 | $0.0467 | -22.2% | — |
| Dec 18, 1986 | $0.06 | — | — |
Dividends by year
| Year | Total per share | Payments | Growth |
|---|---|---|---|
| 2026 | $1.92 | 3 | -18.6% |
| 2025 | $2.36 | 4 | +3.5% |
| 2024 | $2.28 | 4 | +3.6% |
| 2023 | $2.20 | 4 | +5.8% |
| 2022 | $2.08 | 4 | +8.3% |
| 2021 | $1.92 | 4 | +4.3% |
| 2020 | $1.84 | 4 | +4.5% |
| 2019 | $1.76 | 4 | +15.8% |
| 2018 | $1.52 | 4 | -5.0% |
| 2017 | $1.60 | 5 | +37.9% |
| 2016 | $1.16 | 4 | +11.5% |
| 2015 | $1.04 | 4 | +8.3% |
| 2014 | $0.96 | 4 | +9.1% |
| 2013 | $0.88 | 4 | +4.8% |
| 2012 | $0.84 | 4 | +10.5% |
INDB stock splits
| Date | Ratio | Type |
|---|---|---|
| Oct 1, 1987 | 3-for-2 | Forward split |