DV
Dividend Vision

INDB — Independent Bank Corp.

Independent Bank Corp. (INDB)

INDB pays a 2.88% distribution rate, quarterly. Its Distribution Safety Score™ is 99 (Safe), giving a Safety-Adjusted Yield of 2.85%. Distributions grew 13.7% over the past year. Its deepest 1-year drawdown was 14.3%.

Independent Bank Corp. operates as a bank holding company for Rockland Trust Company, providing commercial and consumer banking services including deposit accounts, various loan products, cash management, investment advisory, and trust services to individuals and small-to-medium sized businesses across the United States. The company pays distributions quarterly at a modest current rate. This security appeals to income investors seeking exposure to regional banking operations.

INDB key facts

Distribution Safety Score™
99 · Safe
Safety-Adjusted Yield
2.85%
Asset type
Stock
Asset class
Equity
Inception date
05/14/1986
Distribution rate
2.88%
Distribution frequency
Quarterly
Trailing yield
2.86%
5-year average yield
3.26
Last close
$85.94
Market cap
$4,070,900,480
Average volume
173500.0
Last dividend
$0.6400
Ex-dividend date
06/29/2026
Payment date
07/09/2026
Beta
0.786
Payout ratio
0.371
P/E ratio
15.4568
Forward P/E
11.8624
EPS
$5.56