Is Independent Bank Corp. a good investment? Independent Bank Corp. (INDB) is currently trading at 83.27 USD. Market analysts have a consensus price target of 90.57 USD. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 16.03. This valuation is generally in line with the broader market.
Earnings Schedule: Independent Bank Corp. is expected to release its next earnings report on July 16, 2026. The market consensus estimate for Forward EPS is 8.35.
For income investors, Independent Bank Corp. pays a dividend yield of 2.89%. With a payout ratio of 45%, the dividend appears sustainable.
Yes, it pays an annual dividend of 2.41 USD (2.89% yield).
Independent Bank Corp. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be July 16, 2026. The company currently has a trailing EPS of 5.03.
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, it provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; interchange fees; ATM fees; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, the company invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
| Year | Total Dividends |
|---|---|
| ▸2027 |
1.30 USD
|
| April 9, 2027 (estimated) | 0.6753 |
| Jan. 6, 2027 (estimated) | 0.6246 |
| ▸2026 |
2.48 USD
|
| Oct. 7, 2026 (estimated) | 0.6226 |
| July 7, 2026 (estimated) | 0.6226 |
| April 9, 2026 | 0.6400 |
| Jan. 7, 2026 | 0.5900 |
| ▸2025 |
2.34 USD
|
| Oct. 7, 2025 | 0.5900 |
| July 7, 2025 | 0.5900 |
| April 7, 2025 | 0.5900 |
| Jan. 6, 2025 | 0.5700 |
| ▸2024 |
2.26 USD
|
| Oct. 4, 2024 | 0.5700 |
| July 8, 2024 | 0.5700 |
| April 5, 2024 | 0.5700 |
| Jan. 5, 2024 | 0.5500 |
| ▸2023 |
2.20 USD
|
| Oct. 6, 2023 | 0.5500 |
| July 7, 2023 | 0.5500 |
| April 6, 2023 | 0.5500 |
| Jan. 6, 2023 | 0.5500 |
| ▸2022 |
2.01 USD
|
| Oct. 7, 2022 | 0.5100 |
| July 8, 2022 | 0.5100 |
| April 8, 2022 | 0.5100 |
| Jan. 7, 2022 | 0.4800 |
| ▸2021 |
1.90 USD
|
| Oct. 8, 2021 | 0.4800 |
| July 9, 2021 | 0.4800 |
| April 9, 2021 | 0.4800 |
| Jan. 8, 2021 | 0.4600 |
| ▸2020 |
1.82 USD
|
| Oct. 9, 2020 | 0.4600 |
| July 10, 2020 | 0.4600 |
| April 9, 2020 | 0.4600 |
| Jan. 10, 2020 | 0.4400 |
| ▸2019 |
1.70 USD
|
| Oct. 11, 2019 | 0.4400 |
| July 12, 2019 | 0.4400 |
| April 5, 2019 | 0.4400 |
| Jan. 11, 2019 | 0.3800 |
| ▸2018 |
1.46 USD
|
| Oct. 5, 2018 | 0.3800 |
| July 10, 2018 | 0.3800 |
| April 6, 2018 | 0.3800 |
| Jan. 5, 2018 | 0.3200 |
| ▸2017 |
1.57 USD
|
| Oct. 6, 2017 | 0.3200 |
| Oct. 6, 2017 | 0.3200 |
| July 7, 2017 | 0.3200 |
| April 7, 2017 | 0.3200 |
| Jan. 6, 2017 | 0.2900 |
| ▸2016 |
1.13 USD
|
| Oct. 7, 2016 | 0.2900 |
| July 8, 2016 | 0.2900 |
| April 8, 2016 | 0.2900 |
| Jan. 8, 2016 | 0.2600 |
| ▸2015 |
1.02 USD
|
| Oct. 9, 2015 | 0.2600 |
| July 10, 2015 | 0.2600 |
| April 10, 2015 | 0.2600 |
| Jan. 9, 2015 | 0.2400 |
| ▸2014 |
0.94 USD
|
| Oct. 10, 2014 | 0.2400 |
| July 11, 2014 | 0.2400 |
| April 11, 2014 | 0.2400 |
| Jan. 10, 2014 | 0.2200 |
| ▸2013 |
0.66 USD
|
| Oct. 11, 2013 | 0.2200 |
| July 12, 2013 | 0.2200 |
| April 12, 2013 | 0.2200 |
| ▸2012 |
1.03 USD
|
| Dec. 31, 2012 | 0.2100 |
| Oct. 12, 2012 | 0.2100 |
| July 13, 2012 | 0.2100 |
| April 5, 2012 | 0.2100 |
| Jan. 6, 2012 | 0.1900 |
| ▸2011 |
0.75 USD
|
| Oct. 7, 2011 | 0.1900 |
| July 8, 2011 | 0.1900 |
| April 8, 2011 | 0.1900 |
| Jan. 7, 2011 | 0.1800 |
| ▸2010 |
0.72 USD
|
| Oct. 8, 2010 | 0.1800 |
| July 9, 2010 | 0.1800 |
| April 9, 2010 | 0.1800 |
| Jan. 8, 2010 | 0.1800 |
| ▸2009 |
0.72 USD
|
| Oct. 9, 2009 | 0.1800 |
| July 10, 2009 | 0.1800 |
| April 9, 2009 | 0.1800 |
| Jan. 9, 2009 | 0.1800 |
| ▸2008 |
0.71 USD
|
| Oct. 10, 2008 | 0.1800 |
| July 11, 2008 | 0.1800 |
| April 11, 2008 | 0.1800 |
| Jan. 4, 2008 | 0.1700 |
| ▸2007 |
0.67 USD
|
| Oct. 5, 2007 | 0.1700 |
| July 6, 2007 | 0.1700 |
| April 6, 2007 | 0.1700 |
| Jan. 5, 2007 | 0.1600 |
| ▸2006 |
0.63 USD
|
| Oct. 6, 2006 | 0.1600 |
| July 7, 2006 | 0.1600 |
| April 7, 2006 | 0.1600 |
| Jan. 6, 2006 | 0.1500 |
| ▸2005 |
0.59 USD
|
| Oct. 7, 2005 | 0.1500 |
| July 8, 2005 | 0.1500 |
| April 8, 2005 | 0.1500 |
| Jan. 14, 2005 | 0.1400 |
| ▸2004 |
0.55 USD
|
| Oct. 8, 2004 | 0.1400 |
| July 9, 2004 | 0.1400 |
| April 9, 2004 | 0.1400 |
| Jan. 9, 2004 | 0.1300 |
| ▸2003 |
0.51 USD
|
| Oct. 10, 2003 | 0.1300 |
| July 11, 2003 | 0.1300 |
| April 11, 2003 | 0.1300 |
| Jan. 10, 2003 | 0.1200 |
| ▸2002 |
0.47 USD
|
| Oct. 11, 2002 | 0.1200 |
| July 12, 2002 | 0.1200 |
| April 12, 2002 | 0.1200 |
| Jan. 11, 2002 | 0.1100 |
| ▸2001 |
0.43 USD
|
| Oct. 12, 2001 | 0.1100 |
| July 13, 2001 | 0.1100 |
| April 13, 2001 | 0.1100 |
| Jan. 12, 2001 | 0.1000 |
| ▸2000 |
0.40 USD
|
| Oct. 13, 2000 | 0.1000 |
| July 14, 2000 | 0.1000 |
| April 14, 2000 | 0.1000 |
| Jan. 14, 2000 | 0.1000 |
| ▸1999 |
0.40 USD
|
| Oct. 8, 1999 | 0.1000 |
| July 9, 1999 | 0.1000 |
| April 9, 1999 | 0.1000 |
| Jan. 8, 1999 | 0.1000 |
| ▸1998 |
0.39 USD
|
| Oct. 9, 1998 | 0.1000 |
| July 10, 1998 | 0.1000 |
| April 10, 1998 | 0.1000 |
| Jan. 9, 1998 | 0.0900 |
| ▸1997 |
0.32 USD
|
| Oct. 10, 1997 | 0.0900 |
| July 11, 1997 | 0.0800 |
| April 11, 1997 | 0.0800 |
| Jan. 10, 1997 | 0.0700 |
| ▸1996 |
0.23 USD
|
| Oct. 11, 1996 | 0.0600 |
| July 12, 1996 | 0.0600 |
| April 12, 1996 | 0.0600 |
| Jan. 12, 1996 | 0.0500 |
| ▸1995 |
0.17 USD
|
| Oct. 13, 1995 | 0.0500 |
| July 7, 1995 | 0.0400 |
| April 7, 1995 | 0.0400 |
| Jan. 6, 1995 | 0.0400 |
| ▸1994 |
0.03 USD
|
| Oct. 28, 1994 | 0.0300 |
| ▸1990 |
0.18 USD
|
| April 1, 1990 | 0.0900 |
| Jan. 1, 1990 | 0.0900 |
| ▸1989 |
0.33 USD
|
| Oct. 1, 1989 | 0.0900 |
| July 1, 1989 | 0.0800 |
| April 1, 1989 | 0.0800 |
| Jan. 1, 1989 | 0.0800 |
| ▸1988 |
0.29 USD
|
| Sept. 1, 1988 | 0.0800 |
| June 1, 1988 | 0.0700 |
| March 1, 1988 | 0.0700 |
| Jan. 7, 1988 | 0.0670 |
| ▸1987 |
0.36 USD
|
| Dec. 1, 1987 | 0.0530 |
| Sept. 1, 1987 | 0.0800 |
| June 1, 1987 | 0.0700 |
| March 1, 1987 | 0.0700 |
| Jan. 7, 1987 | 0.0900 |
| ▸1986 |
0.14 USD
|
| Nov. 18, 1986 | 0.0701 |
| Aug. 5, 1986 | 0.0701 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Independent Bank Corp. | Apr 09, 2026 | Paid | 0.64 USD |
| Independent Bank Corp. | Jan 07, 2026 | Paid | 0.59 USD |
| Independent Bank Corp. | Oct 07, 2025 | Paid | 0.59 USD |
| Independent Bank Corp. | Jul 07, 2025 | Paid | 0.59 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| Oct. 1, 1987 | 1.500000 |
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