Annual Dividend (TTM)
$2.3600
Quarterly
INDB
(NASDAQ)Independent Bank Corp.
$82.95-- (--)
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Independent Bank (INDB) Dividend History
Complete ex-dividend dates, payment schedules, dividend yields, CAGR growth rates, and payout ratios.
Dividend Yield
2.85%
Last ex-date: Dec 29, 2025
Payout Ratio (TTM)
65.56%
Percentage of earnings paid as dividends
Dividend Growth
3.51%
7 consecutive years
Independent Bank (INDB) Dividend Statistics & Metrics
Comprehensive dividend yields, CAGR growth rates, payout ratios, and payment frequency analysis
Payment Details
Dividend payment schedule and frequency details
FrequencyQuarterly
Last Payment$0.5900
Last Ex-DateDec 29, 2025
Last Payment DateJan 7, 2026
Growth Metrics
Dividend CAGR and consecutive years of growth
Consecutive Years7 years
TTM Growth (YoY)3.51%
3-Year CAGR4.30%
5-Year CAGR5.10%
10-Year CAGR8.54%
Historical Averages
Multi-year dividend averages and payout ratio
Payout Ratio (TTM)65.56%
5-Year Average$2.1680
10-Year Average$1.8720
First PaymentAug 5, 1986
Independent Bank (INDB) Dividend Payment History
Complete ex-dividend dates, record dates, payment dates, amounts, and frequency
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| Ex-Dividend Date | Record Date | Payment Date | Declaration Date | Amount | Frequency |
|---|---|---|---|---|---|
| Dec 29, 2025 | Dec 29, 2025 | Jan 7, 2026 | Dec 10, 2025 | $0.5900 | Quarterly |
| Sep 29, 2025 | Sep 29, 2025 | Oct 7, 2025 | Sep 18, 2025 | $0.5900 | Quarterly |
| Jun 30, 2025 | Jun 30, 2025 | Jul 7, 2025 | Jun 18, 2025 | $0.5900 | Quarterly |
| Mar 31, 2025 | Mar 31, 2025 | Apr 7, 2025 | Mar 20, 2025 | $0.5900 | Quarterly |
| Dec 30, 2024 | Dec 30, 2024 | Jan 6, 2025 | Dec 12, 2024 | $0.5700 | Quarterly |
| Sep 30, 2024 | Sep 30, 2024 | Oct 4, 2024 | Sep 19, 2024 | $0.5700 | Quarterly |
| Jul 1, 2024 | Jul 1, 2024 | Jul 8, 2024 | Jun 20, 2024 | $0.5700 | Quarterly |
| Mar 28, 2024 | Apr 1, 2024 | Apr 5, 2024 | Mar 21, 2024 | $0.5700 | Quarterly |
| Dec 22, 2023 | Dec 26, 2023 | Jan 5, 2024 | Dec 14, 2023 | $0.5500 | Quarterly |
| Sep 29, 2023 | Oct 2, 2023 | Oct 6, 2023 | Sep 21, 2023 | $0.5500 | Quarterly |
| Jun 23, 2023 | Jun 26, 2023 | Jul 7, 2023 | Jun 15, 2023 | $0.5500 | Quarterly |
| Mar 24, 2023 | Mar 27, 2023 | Apr 6, 2023 | Mar 16, 2023 | $0.5500 | Quarterly |
| Dec 23, 2022 | Dec 27, 2022 | Jan 6, 2023 | Dec 8, 2022 | $0.5500 | Quarterly |
| Sep 23, 2022 | Sep 26, 2022 | Oct 7, 2022 | Sep 15, 2022 | $0.5100 | Quarterly |
| Jun 24, 2022 | Jun 27, 2022 | Jul 8, 2022 | Jun 16, 2022 | $0.5100 | Quarterly |
| Mar 25, 2022 | Mar 28, 2022 | Apr 8, 2022 | Mar 17, 2022 | $0.5100 | Quarterly |
| Dec 23, 2021 | Dec 27, 2021 | Jan 7, 2022 | Dec 9, 2021 | $0.4800 | Quarterly |
| Sep 24, 2021 | Sep 27, 2021 | Oct 8, 2021 | Sep 16, 2021 | $0.4800 | Quarterly |
| Jun 25, 2021 | Jun 28, 2021 | Jul 9, 2021 | Jun 17, 2021 | $0.4800 | Quarterly |
| Mar 26, 2021 | Mar 29, 2021 | Apr 9, 2021 | Mar 18, 2021 | $0.4800 | Quarterly |
| Dec 24, 2020 | - | Jan 8, 2021 | Dec 10, 2020 | $0.4600 | Quarterly |
| Sep 25, 2020 | - | Oct 9, 2020 | Sep 17, 2020 | $0.4600 | Quarterly |
| Jun 26, 2020 | - | Jul 10, 2020 | Jun 18, 2020 | $0.4600 | Quarterly |
| Mar 27, 2020 | - | Apr 9, 2020 | Mar 19, 2020 | $0.4600 | Quarterly |
| Dec 27, 2019 | - | Jan 10, 2020 | Dec 12, 2019 | $0.4400 | Quarterly |
| Sep 27, 2019 | - | Oct 11, 2019 | Sep 19, 2019 | $0.4400 | Quarterly |
| Jun 28, 2019 | - | Jul 12, 2019 | Jun 20, 2019 | $0.4400 | Quarterly |
| Mar 22, 2019 | - | Apr 5, 2019 | Mar 13, 2019 | $0.4400 | Quarterly |
| Dec 28, 2018 | - | Jan 11, 2019 | Dec 13, 2018 | $0.3800 | Quarterly |
| Sep 28, 2018 | - | Oct 5, 2018 | Sep 20, 2018 | $0.3800 | Quarterly |
| Jun 29, 2018 | - | Jul 10, 2018 | Jun 21, 2018 | $0.3800 | Quarterly |
| Mar 23, 2018 | - | Apr 6, 2018 | Mar 15, 2018 | $0.3800 | Quarterly |
| Dec 22, 2017 | - | Jan 5, 2018 | Dec 14, 2017 | $0.3200 | Quarterly |
| Sep 29, 2017 | - | Oct 6, 2017 | Sep 22, 2017 | $0.3200 | Quarterly |
| Sep 22, 2017 | - | - | - | $0.3200 | - |
| Jun 22, 2017 | - | Jul 7, 2017 | Jun 15, 2017 | $0.3200 | Quarterly |
| Mar 23, 2017 | - | Apr 7, 2017 | Mar 16, 2017 | $0.3200 | Quarterly |
| Dec 21, 2016 | - | Jan 6, 2017 | Dec 8, 2016 | $0.2900 | Quarterly |
| Sep 22, 2016 | - | Oct 7, 2016 | Sep 15, 2016 | $0.2900 | Quarterly |
| Jun 23, 2016 | - | Jul 8, 2016 | Jun 16, 2016 | $0.2900 | Quarterly |
| Mar 23, 2016 | - | Apr 8, 2016 | Mar 17, 2016 | $0.2900 | Quarterly |
| Dec 23, 2015 | - | Jan 8, 2016 | Dec 10, 2015 | $0.2600 | Quarterly |
| Sep 24, 2015 | - | Oct 9, 2015 | Sep 17, 2015 | $0.2600 | Quarterly |
| Jun 25, 2015 | - | Jul 10, 2015 | Jun 18, 2015 | $0.2600 | Quarterly |
| Mar 26, 2015 | - | Apr 10, 2015 | Mar 19, 2015 | $0.2600 | Quarterly |
| Dec 24, 2014 | - | Jan 9, 2015 | Dec 11, 2014 | $0.2400 | Quarterly |
| Sep 25, 2014 | - | Oct 10, 2014 | Sep 18, 2014 | $0.2400 | Quarterly |
| Jun 26, 2014 | - | Jul 11, 2014 | Jun 19, 2014 | $0.2400 | Quarterly |
| Mar 27, 2014 | - | Apr 11, 2014 | Mar 20, 2014 | $0.2400 | Quarterly |
| Dec 26, 2013 | - | Jan 10, 2014 | Dec 12, 2013 | $0.2200 | Quarterly |
| Sep 26, 2013 | - | Oct 11, 2013 | Sep 19, 2013 | $0.2200 | Quarterly |
| Jun 27, 2013 | - | Jul 12, 2013 | Jun 20, 2013 | $0.2200 | Quarterly |
| Mar 27, 2013 | - | Apr 12, 2013 | Mar 21, 2013 | $0.2200 | Quarterly |
| Dec 20, 2012 | - | Dec 31, 2012 | Dec 12, 2012 | $0.2100 | Quarterly |
| Sep 27, 2012 | - | Oct 12, 2012 | Sep 20, 2012 | $0.2100 | Quarterly |
| Jun 28, 2012 | - | Jul 13, 2012 | Jun 21, 2012 | $0.2100 | Quarterly |
| Mar 22, 2012 | - | Apr 5, 2012 | Mar 16, 2012 | $0.2100 | Quarterly |
| Dec 21, 2011 | - | Jan 6, 2012 | Dec 16, 2011 | $0.1900 | Quarterly |
| Sep 22, 2011 | - | Oct 7, 2011 | Sep 16, 2011 | $0.1900 | Quarterly |
| Jun 23, 2011 | - | Jul 8, 2011 | Jun 17, 2011 | $0.1900 | Quarterly |
| Mar 24, 2011 | - | Apr 8, 2011 | Mar 18, 2011 | $0.1900 | Quarterly |
| Dec 22, 2010 | - | Jan 7, 2011 | Dec 17, 2010 | $0.1800 | Quarterly |
| Sep 23, 2010 | - | Oct 8, 2010 | Sep 17, 2010 | $0.1800 | Quarterly |
| Jun 24, 2010 | - | Jul 9, 2010 | Jun 18, 2010 | $0.1800 | Quarterly |
| Mar 25, 2010 | - | Apr 9, 2010 | Mar 19, 2010 | $0.1800 | Quarterly |
| Dec 23, 2009 | - | Jan 8, 2010 | Dec 11, 2009 | $0.1800 | Quarterly |
| Sep 24, 2009 | - | Oct 9, 2009 | Sep 18, 2009 | $0.1800 | Quarterly |
| Jun 25, 2009 | - | Jul 10, 2009 | Jun 19, 2009 | $0.1800 | Quarterly |
| Mar 26, 2009 | - | Apr 9, 2009 | Mar 19, 2009 | $0.1800 | Quarterly |
| Dec 24, 2008 | - | Jan 9, 2009 | Dec 11, 2008 | $0.1800 | Quarterly |
| Sep 25, 2008 | - | Oct 10, 2008 | Sep 18, 2008 | $0.1800 | Quarterly |
| Jun 26, 2008 | - | Jul 11, 2008 | Jun 19, 2008 | $0.1800 | Quarterly |
| Mar 27, 2008 | - | Apr 11, 2008 | Mar 20, 2008 | $0.1800 | Quarterly |
| Dec 20, 2007 | - | Jan 4, 2008 | Dec 13, 2007 | $0.1700 | Quarterly |
| Sep 21, 2007 | - | Oct 5, 2007 | Sep 20, 2007 | $0.1700 | Quarterly |
| Jun 22, 2007 | - | Jul 6, 2007 | Jun 21, 2007 | $0.1700 | Quarterly |
| Mar 22, 2007 | - | Apr 6, 2007 | Mar 15, 2007 | $0.1700 | Quarterly |
| Dec 21, 2006 | - | Jan 5, 2007 | Dec 14, 2006 | $0.1600 | Quarterly |
| Sep 26, 2006 | - | Oct 6, 2006 | Sep 21, 2006 | $0.1600 | Quarterly |
| Jun 22, 2006 | - | Jul 7, 2006 | Jun 15, 2006 | $0.1600 | Quarterly |
| Mar 23, 2006 | - | Apr 7, 2006 | Mar 16, 2006 | $0.1600 | Quarterly |
| Dec 21, 2005 | - | Jan 6, 2006 | Dec 15, 2005 | $0.1500 | Quarterly |
| Sep 22, 2005 | - | Oct 7, 2005 | Sep 15, 2005 | $0.1500 | Quarterly |
| Jun 23, 2005 | - | Jul 8, 2005 | Jun 16, 2005 | $0.1500 | Quarterly |
| Mar 22, 2005 | - | Apr 8, 2005 | Mar 10, 2005 | $0.1500 | Quarterly |
| Dec 29, 2004 | - | Jan 14, 2005 | Dec 9, 2004 | $0.1400 | Quarterly |
| Sep 22, 2004 | - | Oct 8, 2004 | Sep 10, 2004 | $0.1400 | Quarterly |
| Jun 23, 2004 | - | Jul 9, 2004 | Jun 14, 2004 | $0.1400 | Quarterly |
| Mar 24, 2004 | - | Apr 9, 2004 | Mar 11, 2004 | $0.1400 | Quarterly |
| Dec 23, 2003 | - | Jan 9, 2004 | Dec 12, 2003 | $0.1300 | Quarterly |
| Sep 24, 2003 | - | Oct 10, 2003 | Sep 11, 2003 | $0.1300 | Quarterly |
| Jun 25, 2003 | - | Jul 11, 2003 | Jun 12, 2003 | $0.1300 | Quarterly |
| Mar 26, 2003 | - | Apr 11, 2003 | Mar 13, 2003 | $0.1300 | Quarterly |
| Dec 24, 2002 | - | Jan 10, 2003 | Dec 12, 2002 | $0.1200 | Quarterly |
| Sep 25, 2002 | - | Oct 11, 2002 | Sep 12, 2002 | $0.1200 | Quarterly |
| Jun 26, 2002 | - | Jul 12, 2002 | Jun 13, 2002 | $0.1200 | Quarterly |
| Mar 26, 2002 | - | Apr 12, 2002 | Mar 14, 2002 | $0.1200 | Quarterly |
| Dec 26, 2001 | - | Jan 11, 2002 | Dec 13, 2001 | $0.1100 | Quarterly |
| Sep 26, 2001 | - | Oct 12, 2001 | Sep 13, 2001 | $0.1100 | Quarterly |
| Jun 27, 2001 | - | Jul 13, 2001 | Jun 14, 2001 | $0.1100 | Quarterly |
| Mar 28, 2001 | - | Apr 13, 2001 | Mar 8, 2001 | $0.1100 | Quarterly |
| Dec 27, 2000 | - | Jan 12, 2001 | Dec 14, 2000 | $0.1000 | Quarterly |
| Sep 27, 2000 | - | Oct 13, 2000 | Sep 14, 2000 | $0.1000 | Quarterly |
| Jun 28, 2000 | - | Jul 14, 2000 | Jun 8, 2000 | $0.1000 | Quarterly |
| Mar 29, 2000 | - | Apr 14, 2000 | Mar 9, 2000 | $0.1000 | Quarterly |
| Dec 29, 1999 | - | Jan 14, 2000 | Dec 9, 1999 | $0.1000 | Quarterly |
| Sep 22, 1999 | - | Oct 8, 1999 | Sep 9, 1999 | $0.1000 | Quarterly |
| Jun 23, 1999 | - | Jul 9, 1999 | Jun 10, 1999 | $0.1000 | Quarterly |
| Mar 24, 1999 | - | Apr 9, 1999 | Mar 11, 1999 | $0.1000 | Quarterly |
| Dec 22, 1998 | - | Jan 8, 1999 | Dec 10, 1998 | $0.1000 | Quarterly |
| Sep 23, 1998 | - | Oct 9, 1998 | Sep 10, 1998 | $0.1000 | Quarterly |
| Jun 24, 1998 | - | Jul 10, 1998 | Jun 11, 1998 | $0.1000 | Quarterly |
| Mar 25, 1998 | - | Apr 10, 1998 | Mar 12, 1998 | $0.1000 | Quarterly |
| Dec 23, 1997 | - | Jan 9, 1998 | Dec 11, 1997 | $0.0900 | Quarterly |
| Sep 24, 1997 | - | Oct 10, 1997 | Sep 11, 1997 | $0.0900 | Quarterly |
| Jun 25, 1997 | - | Jul 11, 1997 | Jun 12, 1997 | $0.0800 | Quarterly |
| Mar 25, 1997 | - | Apr 11, 1997 | Mar 13, 1997 | $0.0800 | Quarterly |
| Dec 24, 1996 | - | Jan 10, 1997 | Dec 12, 1996 | $0.0700 | Quarterly |
| Sep 25, 1996 | - | Oct 11, 1996 | Sep 12, 1996 | $0.0600 | Quarterly |
| Jun 26, 1996 | - | Jul 12, 1996 | Jun 17, 1996 | $0.0600 | Quarterly |
| Mar 27, 1996 | - | Apr 12, 1996 | - | $0.0600 | Quarterly |
| Dec 27, 1995 | - | Jan 12, 1996 | Dec 15, 1995 | $0.0500 | Quarterly |
| Sep 27, 1995 | - | Oct 13, 1995 | Sep 14, 1995 | $0.0500 | Quarterly |
| Jun 21, 1995 | - | Jul 7, 1995 | Jun 8, 1995 | $0.0400 | Quarterly |
| Mar 20, 1995 | - | Apr 7, 1995 | Mar 9, 1995 | $0.0400 | Quarterly |
| Dec 19, 1994 | - | Jan 6, 1995 | - | $0.0400 | Quarterly |
| Oct 7, 1994 | - | Oct 28, 1994 | - | $0.0300 | - |
| Mar 15, 1990 | - | Apr 1, 1990 | Mar 2, 1990 | $0.0900 | Quarterly |
| Dec 18, 1989 | - | Jan 1, 1990 | Nov 13, 1989 | $0.0900 | Quarterly |
| Sep 14, 1989 | - | Oct 1, 1989 | Aug 15, 1989 | $0.0900 | Quarterly |
| Jun 14, 1989 | - | Jul 1, 1989 | Jun 7, 1989 | $0.0800 | Quarterly |
| Mar 14, 1989 | - | Apr 1, 1989 | Feb 14, 1989 | $0.0800 | Quarterly |
| Dec 16, 1988 | - | Jan 1, 1989 | Nov 16, 1988 | $0.0800 | Quarterly |
| Aug 16, 1988 | - | Sep 1, 1988 | Jul 18, 1988 | $0.0800 | Quarterly |
| May 17, 1988 | - | Jun 1, 1988 | Apr 26, 1988 | $0.0700 | Quarterly |
| Feb 17, 1988 | - | Mar 1, 1988 | - | $0.0700 | Quarterly |
| Feb 16, 1988 | - | - | - | $0.0700 | - |
| Dec 16, 1987 | - | Jan 7, 1988 | Nov 24, 1987 | $0.0670 | - |
| Nov 23, 1987 | - | Dec 1, 1987 | Nov 23, 1987 | $0.0530 | Quarterly |
| Aug 18, 1987 | - | Sep 1, 1987 | Jul 15, 1987 | $0.0533 | - |
| May 19, 1987 | - | Jun 1, 1987 | May 14, 1987 | $0.0467 | - |
| Feb 18, 1987 | - | Mar 1, 1987 | Feb 18, 1987 | $0.0467 | - |
| Dec 18, 1986 | - | Jan 7, 1987 | Nov 19, 1986 | $0.0600 | - |
| Nov 18, 1986 | - | Nov 18, 1986 | - | $0.0467 | - |
| Aug 5, 1986 | - | Aug 5, 1986 | - | $0.0467 | - |