Independent Bank Corp (INDB) will raise its quarterly dividend by 6.3 percent to $0.51 per share. The next dividend will be paid on April 8, 2022. The ex-dividend date for this increased SIG dividend is March 25, 2022 and the annual dividend yield is 2.4% at a stock price of $84.40.
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.