NASDAQ:INDB

Independent Bank (INDB) Dividend Yield, Date & History

$47.14

-1.64 (-3.36%)

(As of 05/19/2023 08:48 PM ET)

Compare

Today's Range: $46.15
▼
$49.99
50-Day Range: $45.33
▼
$71.57
52-Week Range: $44.56
▼
$91.65

Volume: 242,700 shs
Average Volume: 282,274 shs
Market Capitalization: $2.08 billion

P/E Ratio: 7.94
Dividend Yield: 4.67%
Price Target: $84.00

Dividend Yield: 4.67%
Annual Dividend: $2.20
Dividend Increase Track Record: 12 Years
Annualized 3-Year Dividend Growth: 5.73%
Dividend Payout Ratio: 37.04%
Recent Dividend Payment: Apr. 6

INDB Dividend Payments

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INDB Dividend Yield Over Time

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Independent Bank vs. The Competition

Type	Independent Bank	Finance Companies	NASDAQ Companies
Annual Dividend	$2.20	$8.07	$1.23
Dividend Yield	4.67%	369.71%	6.33%
Annualized 3-Year Dividend Growth	5.73%	8.72%	15.02%
Track Record	12 years	6 years	6 years

Independent Bank Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	37.04%
Based on This Year's Estimates	40.97%
Based on Next Year's Estimates	42.88%
Based on Cashflow	32.62%

Independent Bank Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
3/16/2023	Quarterly	$0.55	3.22%	3/24/2023	3/27/2023	4/6/2023
12/8/2022	Quarterly	$0.55	2.49%	12/23/2022	12/27/2022	1/6/2023
9/15/2022	Quarterly	$0.51	2.59%	9/23/2022	9/26/2022	10/7/2022
6/16/2022	Quarterly	$0.51	2.59%	6/24/2022	6/27/2022	7/8/2022
3/17/2022	Quarterly	$0.51	2.36%	3/25/2022	3/28/2022	4/8/2022
12/9/2021	Quarterly	$0.48	2.35%	12/23/2021	12/27/2021	1/7/2022

9/18/2021	Quarterly	$0.48	2.73%	9/24/2021	9/27/2021	10/8/2021
6/19/2021	Quarterly	$0.48	2.44%	6/25/2021	6/28/2021	7/9/2021
3/19/2021	Quarterly	$0.48	2.08%	3/26/2021	3/29/2021	4/9/2021
12/10/2020	Quarterly	$0.46	2.47%	12/24/2020	12/28/2020	1/8/2021
9/17/2020	Quarterly	$0.46	3.39%	9/25/2020	9/28/2020	10/9/2020
6/18/2020	Quarterly	$0.46	2.7%	6/26/2020	6/29/2020	7/10/2020
3/19/2020	Quarterly	$0.46	3.5%	3/27/2020	3/30/2020	4/9/2020
12/16/2019	quarterly	$0.44	2.1%	12/27/2019	12/30/2019	1/10/2020
9/19/2019	Quarterly	$0.44	2.4%	9/27/2019	9/30/2019	10/11/2019
6/20/2019	Quarterly	$0.44		6/28/2019	7/1/2019	7/12/2019
3/14/2019	quarterly	$0.44	2.16%	3/22/2019	3/25/2019	4/5/2019
12/14/2018	quarterly	$0.38	2.12%	12/30/2019	12/31/2019	1/11/2019
9/21/2018	quarterly	$0.38	1.73%	9/28/2018	10/1/2018	10/5/2018
6/22/2018	quarterly	$0.38	1.85%	6/29/2018	7/2/2018	7/10/2018
3/16/2018	quarterly	$0.38	2.01%	3/23/2018	3/26/2018	4/6/2018
12/15/2017	quarterly	$0.32	1.82%	12/22/2017	12/26/2017	1/5/2018
9/21/2017	quarterly	$0.32	1.77%	9/22/2017	9/25/2017	10/6/2017
6/15/2017	quarterly	$0.32	1.94%	6/22/2017	6/26/2017	7/7/2017
3/16/2017	Quarterly	$0.32	1.94%	3/23/2017	3/27/2017	4/7/2017
12/9/2016	quarterly	$0.29	1.66%	12/21/2016	12/26/2016	1/6/2017
9/16/2016	quarterly	$0.29	2.21%	9/23/2016	9/26/2016	10/7/2016
6/16/2016	quarterly	$0.29	2.59%	6/23/2016	6/27/2016	7/8/2016
3/17/2016	quarterly	$0.29	2.43%	3/23/2016	3/28/2016	4/8/2016
12/11/2015	quarterly	$0.26	2.26%	12/23/2015	12/28/2015	1/8/2016
9/17/2015	quarterly	$0.26	2.33%	9/24/2015	9/28/2015	10/9/2015
6/18/2015	quarterly	$0.26	2.16%	6/25/2015	6/29/2015	7/10/2015
3/19/2015	quarterly	$0.26	2.32%	3/26/2015	3/30/2015	4/10/2015
12/11/2014	quarterly	$0.24	2.37%	12/24/2014	12/29/2014	1/9/2015
9/18/2014	quarterly	$0.24	2.6%	9/25/2014	9/29/2014	10/10/2014
6/19/2014	quarterly	$0.24	2.52%	6/26/2014	6/30/2014	7/11/2014
3/20/2014	quarterly	$0.24	2.38%	3/27/2014	3/31/2014	4/11/2014
12/12/2013	quarterly	$0.22	2.43%	12/26/2013	12/30/2013	1/10/2014
9/19/2013	quarterly	$0.22	2.45%	9/26/2013	9/30/2013	10/11/2013
6/20/2013	quarterly	$0.22	2.62%	6/27/2013	7/1/2013	7/12/2013

3/21/2013	quarterly	$0.22	2.73%	3/27/2013	4/1/2013	4/12/2013
12/12/2012	quarterly	$0.21	2.9%	12/20/2012	12/24/2012	12/31/2012

(Data available from 1/1/2013 forward)

Independent Bank Dividend - Frequently Asked Questions

What is Independent Bank's dividend yield?: The current dividend yield for Independent Bank is 4.67%. Learn more on INDB's dividend yield history.
How much is Independent Bank's annual dividend?: The annual dividend for INDB shares is $2.20. Learn more on INDB's annual dividend history.
How often does Independent Bank pay dividends?: Independent Bank pays quarterly dividends to shareholders.
When was Independent Bank's most recent dividend payment?: Independent Bank's most recent quarterly dividend payment of $0.55 per share was made to shareholders on Thursday, April 6, 2023.
When was Independent Bank's most recent ex-dividend date?: Independent Bank's most recent ex-dividend date was Friday, March 24, 2023.

Is Independent Bank's dividend growing?: Over the past three years, the company's dividend has grown by an average of 5.73% per year.
What track record does Independent Bank have of raising its dividend?: Independent Bank has increased its dividend for the past 12 consecutive years.
When did Independent Bank last increase or decrease its dividend?: The most recent change in the company's dividend was an increase of $0.04 on Thursday, December 8, 2022.
What is Independent Bank's dividend payout ratio?: The dividend payout ratio for INDB is:
37.04% based on the trailing year of earnings

40.97% based on this year's estimates

42.88% based on next year's estimates

32.62% based on cash flow

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This page (NASDAQ:INDB) was last updated on 5/22/2023 by MarketBeat.com Staff

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Independent Bank (INDB) Dividend Yield, Date & History

INDB Dividend Payments

INDB Dividend Yield Over Time

Independent Bank vs. The Competition

Independent Bank Dividend Payout Ratio

Independent Bank Dividend History by Quarter

Independent Bank Dividend - Frequently Asked Questions

More Dividend Resources from MarketBeat

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Independent Bank (INDB) Dividend Yield, Date & History

Dividend Summary

INDB Dividend Payments

INDB Dividend Yield Over Time

Independent Bank vs. The Competition

Independent Bank Dividend Payout Ratio

Independent Bank Dividend History by Quarter

Independent Bank Dividend - Frequently Asked Questions

More Dividend Resources from MarketBeat