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Independent Bank Corp (symbol: INDB) will raise its quarterly dividend to 48 cents per share in 2021.

The next INDB dividend will be payable on April 9, 2021, to stockholders of record as of the close of business on March 29, 2021.

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.