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Independent Bank Corp. Announces 4% Increase in Quarterly Dividend

1. INDB announces a $0.59 dividend, up 4% from last quarter's payout. 2. The dividend reflects the company's commitment to sustainable growth and shareholder returns.

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FAQ

Why Bullish?

The dividend increase is a sign of financial health, akin to previous growth periods in 2016 and 2020, which positively impacted stock price.

How important is it?

The announced dividend increase directly influences investor confidence and can drive stock purchases, thus affecting the price positively.

Why Short Term?

Investors may respond immediately to dividend announcements; however, long-term effects depend on earnings stability.

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WASHCBSH
ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.59 per share dividend, representing a $0.02 increase from the prior quarter. The dividend will be payable on April 7, 2025, to stockholders of record as of the close of business on March 31, 2025. “We are pleased to announce a 4% increase in our annual dividend, reaffirming our commitment to generating long term, sustainab.

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