Independent Bank Corp (INDB) will raise its quarterly dividend by 18.8 percent to $0.38 per share in 2018. The new dividend yield for INDB is 2.0%.
Independent Bank Corp. is a bank holding company. INDB is the sole stockholder of Rockland Trust Company, a community-oriented commercial bank. The Company's community banking business provides a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management.