Independent Bank Corp.
INDB31 yrs growthFinancial Services · Stock · quarterly payer
$78.74
Add to PortfolioForward Yield
3.25%
Annual Dividend
$2.56
Payout Ratio
48%
5-Yr Growth
5.1%
Ex-Date
Mar 30, 2026
Frequency
Quarterly
INDB Dividend Safety Score
96/ 100
Grade A
Very Safe
Dividend-growth streak30 consecutive years of growth
Cut historyCut its dividend in 1995
Earnings payout coverage48% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is INDB a good dividend stock?
YesIndependent Bank Corp. (INDB) pays a quarterly dividend yielding 3.25% ($2.56/yr), with 31 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 31 consecutive years of growth
- Comfortable payout ratio (48%)
- Strong 5.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1995
Key Data
- Dividend Yield
- 3.25%
- Payout Ratio
- 48%
- Annual Dividend
- $2.56
- 5-Yr Avg Growth
- 5.1%
- Ex-Dividend Date
- Mar 30, 2026
- Years of Growth
- 31
- Frequency
- quarterly
- Beta
- 0.80
- Market Cap
- $3.8B
- P/E Ratio
- 15.7
- 5-Yr Total Return
- 5%
- 52-Week Range
- $57.01 – $87.00
- Dividend Safety
- A · 96/100
- Ever Cut?
- Yes (1995)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 30, 2026 | — | $0.6400 | regular |
| Dec 29, 2025 | — | $0.5900 | regular |
| Sep 29, 2025 | — | $0.5900 | regular |
| Jun 30, 2025 | — | $0.5900 | regular |
| Mar 31, 2025 | — | $0.5900 | regular |
| Dec 30, 2024 | — | $0.5700 | regular |
| Sep 30, 2024 | — | $0.5700 | regular |
| Jul 1, 2024 | — | $0.5700 | regular |
| Mar 28, 2024 | — | $0.5700 | regular |
| Dec 22, 2023 | — | $0.5500 | regular |
| Sep 29, 2023 | — | $0.5500 | regular |
| Jun 23, 2023 | — | $0.5500 | regular |
| Mar 24, 2023 | — | $0.5500 | regular |
| Dec 23, 2022 | — | $0.5500 | regular |
Income Calculator
At $2.56 / yr per share
Per payment (quarterly)$64.00
Annual$256.00
Monthly avg$21.33
