Does INDB pay a dividend?

Yes. Independent Bank Corp. pays a quarterly dividend, currently yielding 2.90% based on trailing twelve-month payments of $2.46 per share.

How much does INDB pay in dividends?

$2.46 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next INDB ex-dividend date?

No upcoming ex-dividend date is currently on record for INDB. Dates appear here once the company declares them.

INDB Dividend

Independent Bank Corp.

NASDAQFinancial ServicesStockData as of August 12, 2026

Dividend yield: 2.90%
Annual dividend: $2.46
Payout ratio: 0.42
Frequency: Quarterly
Share price: $84.80
Market cap: $4.1B

Is INDB a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median2.90% against a median of 2.78% across US dividend payers.
Dividend is comfortably coveredA payout ratio of 0.42 means roughly 42% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut 3 timesAcross 37 complete years, the annual total fell in 1990, 1994, 2018. The most recent reduction was in 2018.
Raised for 7 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

INDB dividend history

Annual dividend per share, 1986 to 2025.

Peak $2.36 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for INDB, most recent first.
Ex-dividend date	Pay date	Amount	Type
June 29, 2026	July 9, 2026	$0.6400	Quarterly
March 30, 2026	April 9, 2026	$0.6400	Quarterly
December 29, 2025	January 7, 2026	$0.5900	Quarterly
September 29, 2025	October 7, 2025	$0.5900	Quarterly
June 30, 2025	July 7, 2025	$0.5900	Quarterly
March 31, 2025	April 7, 2025	$0.5900	Quarterly
December 30, 2024	January 6, 2025	$0.5700	Quarterly
September 30, 2024	October 4, 2024	$0.5700	Quarterly
July 1, 2024	July 8, 2024	$0.5700	Quarterly
March 28, 2024	April 5, 2024	$0.5700	Quarterly
December 22, 2023	January 5, 2024	$0.5500	Quarterly
September 29, 2023	October 6, 2023	$0.5500	Quarterly
June 23, 2023	July 7, 2023	$0.5500	Quarterly
March 24, 2023	April 6, 2023	$0.5500	Quarterly
December 23, 2022	January 6, 2023	$0.5500	Quarterly
September 23, 2022	October 7, 2022	$0.5100	Quarterly
June 24, 2022	July 8, 2022	$0.5100	Quarterly
March 25, 2022	April 8, 2022	$0.5100	Quarterly
December 23, 2021	January 7, 2022	$0.4800	Quarterly
September 24, 2021	October 8, 2021	$0.4800	Quarterly
June 25, 2021	July 9, 2021	$0.4800	Quarterly
March 26, 2021	April 9, 2021	$0.4800	Quarterly
December 24, 2020	January 8, 2021	$0.4600	Quarterly
September 25, 2020	October 9, 2020	$0.4600	Quarterly
June 26, 2020	July 10, 2020	$0.4600	Quarterly
March 27, 2020	April 9, 2020	$0.4600	Quarterly
December 27, 2019	January 10, 2020	$0.4400	Quarterly
September 27, 2019	October 11, 2019	$0.4400	Quarterly
June 28, 2019	July 12, 2019	$0.4400	Quarterly
March 22, 2019	April 5, 2019	$0.4400	Quarterly
December 28, 2018	January 11, 2019	$0.3800	Quarterly
September 28, 2018	October 5, 2018	$0.3800	Quarterly
June 29, 2018	July 10, 2018	$0.3800	Quarterly
March 23, 2018	April 6, 2018	$0.3800	Quarterly
December 22, 2017	January 5, 2018	$0.3200	Quarterly
September 29, 2017	October 6, 2017	$0.3200	Quarterly
September 22, 2017	October 6, 2017	$0.3200	Quarterly
June 22, 2017	July 7, 2017	$0.3200	Quarterly
March 23, 2017	April 7, 2017	$0.3200	Quarterly
December 21, 2016	January 6, 2017	$0.2900	Quarterly

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Frequently asked questions

Does INDB pay a dividend?: Yes. Independent Bank Corp. pays a quarterly dividend, currently yielding 2.90% based on trailing twelve-month payments of $2.46 per share.
How much does INDB pay in dividends?: $2.46 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next INDB ex-dividend date?: No upcoming ex-dividend date is currently on record for INDB. Dates appear here once the company declares them.