Independent Bank Corp. INDB | NASDAQ

$62.89 -$0.75 | -1.17%

After Hours
$58.19 -$4.7 | -7.47%

Next Earnings: Jul 16, 2025

Company Overview:

Market Cap: $2.68B
PE Ratio: 14.16
52-Week Range: $47.43 - $77.23
Dividend Yield (FWD): 3.75% ($2.36)

6.4 Year INDB Performance Metrics:

Total Return (with DRIP): -4.3% (-0.69% CAGR)
Total Return (no DRIP): -5.3% (-0.85% CAGR)
Share Price: -21.2% (-3.65% CAGR)
Dividend Increase: 55.3% (7.02% CAGR)
INDB 6.4-yr Total Return ($10K invested)
1Y 2Y 5Y 10Y All

INDB Dividend Payments, Yield & Share Price charts

Dividend Payments & Yield
INDB Dividend CAGR:1Y: 3.51%2Y: 3.57%5Y: 5.10%10Y: 8.54%
Share Price
INDB Price CAGR:1Y: 27.08%2Y: 18.87%5Y: -1.28%10Y: -2.35%

Unlock All Reports & Research Dividend Stocks like a BOSS!

Monthly
$35/mo
7-days Free Trial
YMTracker & Earnings / Dividends / Estimate Reports for 1000s of Stocks
YMTracker
Visual Stock Research
Stock Comparison Tools
Dividend Stocks & ETFs
Revenue & EPS Estimates
Custom Dividend Reports
Start Free Trial
Yearly - 20% OFF
$336/yr
7-days Free Trial
YMTracker & Earnings / Dividends / Estimate Reports for 1000s of Stocks
YMTracker
Visual Stock Research
Stock Comparison Tools
Dividend Stocks & ETFs
Revenue & EPS Estimates
Custom Dividend Reports
Start Free Trial

INDB Dividend Safety: Payout & Dividend to Free Cash Flow Ratios.

Dividend Payout Ratio - INDB
7-Day FREE Trial Get Full Access Now!
Dividend to Free Cash Flow Ratio - INDB
7-Day FREE Trial Get Full Access Now!

INDB Earnings, Revenue, Cash & Debt, Shares Outstaning:

INDB - Revenue
7-Day FREE Trial Get Full Access Now!
INDB Revenue CAGR:1Y: 2.01%2Y: 13.81%5Y: 14.97%10Y: 13.59%
INDB - Earnings Per Share (EPS)
7-Day FREE Trial Get Full Access Now!
INDB EPS CAGR:1Y: -7.14%2Y: -12.55%5Y: 5.92%10Y: 10.59%
INDB - Net Income
7-Day FREE Trial Get Full Access Now!
INDB Net Income CAGR:1Y: -7.00%2Y: -14.83%5Y: 10.68%10Y: 16.73%
INDB - EBITDA
7-Day FREE Trial Get Full Access Now!
INDB EBITDA CAGR:1Y: -7.22%2Y: -21.43%5Y: 6.62%10Y: 12.03%
INDB - Free Cash Flow
7-Day FREE Trial Get Full Access Now!
INDB Free Cash Flow CAGR:1Y: -77.94%2Y: -51.07%5Y: 23.99%10Y: 6.64%
INDB - Free Cash Flow / Share
7-Day FREE Trial Get Full Access Now!
INDB Free Cash Flow / Share CAGR:1Y: -77.94%2Y: -49.68%5Y: 22.40%10Y: 1.11%
INDB - Operating Income
7-Day FREE Trial Get Full Access Now!
INDB Operating Income CAGR:1Y: -12.69%2Y: -24.25%5Y: 6.37%10Y: 11.94%
INDB - Gross Profit
7-Day FREE Trial Get Full Access Now!
INDB Gross Profit CAGR:1Y: -32.28%2Y: -7.24%5Y: 5.94%10Y: 9.04%
INDB - Shares Outstanding
7-Day FREE Trial Get Full Access Now!
INDB Shares Outstanding CAGR:1Y: 0.02%2Y: -2.76%5Y: 4.46%10Y: 5.45%
INDB - Share Buybacks
7-Day FREE Trial Get Full Access Now!
INDB Share Buybacks CAGR:1Y: -100.00%2Y: -100.00%5Y: -100.00%10Y: -100.00%
INDB - Stock-Based Comp
7-Day FREE Trial Get Full Access Now!
INDB Stock-Based Comp CAGR:1Y: 45.85%2Y: 6.49%5Y: 17.40%10Y: 9.88%
INDB - Expenses
7-Day FREE Trial Get Full Access Now!
INDB Expenses CAGR:1Y: -55.39%2Y: -30.60%5Y: 3.04%10Y: 3.21%
INDB - Revenue vs Net Income
7-Day FREE Trial Get Full Access Now!
INDB - EPS vs FCF / Share
7-Day FREE Trial Get Full Access Now!
INDB - EPS vs PE Ratio
7-Day FREE Trial Get Full Access Now!
INDB - FCF vs FCF / Share
7-Day FREE Trial Get Full Access Now!
INDB - FCF vs Stock Based Comp
7-Day FREE Trial Get Full Access Now!
INDB - Cash & Debt
7-Day FREE Trial Get Full Access Now!
INDB - Dividends
7-Day FREE Trial Get Full Access Now!
INDB Dividend CAGR:1Y: 3.51%2Y: 3.57%5Y: 5.10%10Y: 8.54%
INDB - Revenue by Segment
7-Day FREE Trial Get Full Access Now!
INDB Revenue CAGR:1Y: 2.01%2Y: 13.81%5Y: 14.97%10Y: 13.59%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

INDB - REVENUE: Actual + Estimates
7-Day FREE Trial Get Full Access Now!
INDB Actual Revenue CAGR:1Y: 2.01%2Y: 13.81%5Y: 14.97%10Y: 13.59%
INDB - EPS: Actual + Estimates
7-Day FREE Trial Get Full Access Now!
INDB Actual EPS CAGR:1Y: -7.14%2Y: -12.55%5Y: 5.92%10Y: 10.59%
INDB - NET INCOME: Actual + Estimates
7-Day FREE Trial Get Full Access Now!
INDB Actual Net Income CAGR:1Y: -7.00%2Y: -14.83%5Y: 10.68%10Y: 16.73%
INDB - EBITDA: Actual + Estimates
7-Day FREE Trial Get Full Access Now!
INDB Actual EBITDA CAGR:1Y: -7.22%2Y: -21.43%5Y: 6.62%10Y: 12.03%

Ratios, Profit Margins & Return on Capital:

INDB - Net Profit Margin
7-Day FREE Trial Get Full Access Now!
INDB Net Profit Margin CAGR:1Y: -8.81%2Y: -25.16%5Y: -3.73%10Y: 2.76%
INDB - Gross Profit Margin
7-Day FREE Trial Get Full Access Now!
INDB Gross Profit Margin CAGR:1Y: -33.62%2Y: -18.50%5Y: -7.85%10Y: -4.01%
INDB - Price to Earnings
7-Day FREE Trial Get Full Access Now!
INDB - Price To Sales Ratio
7-Day FREE Trial Get Full Access Now!
INDB - Return on Capital Employed
7-Day FREE Trial Get Full Access Now!
INDB - Return on Invested Capital
7-Day FREE Trial Get Full Access Now!
Compare stocks side-by-side
 

INDB Dividends Info:

Annual Dividend: $2.36
Forward Yield: 3.75%
Ex-Dividend Date: 2025-06-30
Lifetime Dividends / Share: $31.20

INDB Dividend History: Dates, Payments & Yield list

Below is a schedule of all INDB dividend payments, ex-dates, share price on the day of the payment as well as TTM & forward yield

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
06/30/202507/07/2025$0.5903.69%0%$0.00
03/31/202504/07/2025$0.5903.67%4.3%$54.90
12/30/202401/06/2025$0.5703.56%3.59%$63.44
09/30/202410/04/2024$0.5703.82%3.93%$57.97
07/01/202407/08/2024$0.5704.53%4.76%$47.89
03/28/202404/05/2024$0.5704.27%4.64%$49.19
12/22/202301/05/2024$0.5503.34%3.45%$63.68
09/29/202310/06/2023$0.5504.48%4.56%$48.20
06/23/202307/07/2023$0.5504.76%4.77%$46.14
03/24/202304/06/2023$0.5503.12%3.44%$63.88
12/23/202201/06/2023$0.5502.45%2.7%$81.57
09/23/202210/07/2022$0.5102.59%2.65%$76.95
06/24/202207/08/2022$0.5102.5%2.54%$80.36
03/25/202204/08/2022$0.5102.29%2.64%$77.16
12/23/202101/07/2022$0.4802.41%2.22%$86.64
09/24/202110/08/2021$0.4802.57%2.36%$81.29
06/25/202107/09/2021$0.4802.4%2.66%$72.27
03/26/202104/09/2021$0.4802.14%2.3%$83.49
12/24/202001/08/2021$0.4602.49%2.39%$77.07
09/25/202010/09/2020$0.4603.63%3.34%$55.04
06/26/202007/10/2020$0.4602.93%2.93%$62.76
03/27/202004/09/2020$0.4602.83%2.57%$71.63
12/27/201901/10/2020$0.4402.1%2.17%$81.20
09/27/201910/11/2019$0.4402.27%2.41%$72.88
06/28/201907/12/2019$0.4402.15%2.4%$73.36
03/22/201904/05/2019$0.4402.12%2.06%$85.58
12/28/201801/11/2019$0.3800%1.91%$79.78
09/28/201810/05/2018$0.3800%1.91%$79.78
06/29/201807/10/2018$0.3800%1.91%$79.78
03/23/201804/06/2018$0.3800%1.91%$79.78
12/22/201701/05/2018$0.3200%1.6%$79.78
09/29/201710/06/2017$0.3200%1.6%$79.78
09/22/201710/06/2017$0.3200%1.6%$79.78
06/22/201707/07/2017$0.3200%1.6%$79.78
03/23/201704/07/2017$0.3200%1.6%$79.78
12/21/201601/06/2017$0.2900%1.45%$79.78
09/22/201610/07/2016$0.2900%1.45%$79.78
06/23/201607/08/2016$0.2900%1.45%$79.78
03/23/201604/08/2016$0.2900%1.45%$79.78
12/23/201501/08/2016$0.2600%1.3%$79.78
09/24/201510/09/2015$0.2600%1.3%$79.78
06/25/201507/10/2015$0.2600%1.3%$79.78
03/26/201504/10/2015$0.2600%1.3%$79.78
12/24/201401/09/2015$0.2400%1.2%$79.78
09/25/201410/10/2014$0.2400%1.2%$79.78
06/26/201407/11/2014$0.2400%1.2%$79.78
03/27/201404/11/2014$0.2400%1.2%$79.78
12/26/201301/10/2014$0.2200%1.1%$79.78
09/26/201310/11/2013$0.2200%1.1%$79.78
06/27/201307/12/2013$0.2200%1.1%$79.78
03/27/201304/12/2013$0.2200%1.1%$79.78
12/20/201212/31/2012$0.2100%1.05%$79.78
09/27/201210/12/2012$0.2100%1.05%$79.78
06/28/201207/13/2012$0.2100%1.05%$79.78
03/22/201204/05/2012$0.2100%1.05%$79.78
12/21/201101/06/2012$0.1900%0.95%$79.78
09/22/201110/07/2011$0.1900%0.95%$79.78
06/23/201107/08/2011$0.1900%0.95%$79.78
03/24/201104/08/2011$0.1900%0.95%$79.78
12/22/201001/07/2011$0.1800%0.9%$79.78
09/23/201010/08/2010$0.1800%0.9%$79.78
06/24/201007/09/2010$0.1800%0.9%$79.78
03/25/201004/09/2010$0.1800%0.9%$79.78
12/23/200901/08/2010$0.1800%0.9%$79.78
09/24/200910/09/2009$0.1800%0.9%$79.78
06/25/200907/10/2009$0.1800%0.9%$79.78
03/26/200904/09/2009$0.1800%0.9%$79.78
12/24/200801/09/2009$0.1800%0.9%$79.78
09/25/200810/10/2008$0.1800%0.9%$79.78
06/26/200807/11/2008$0.1800%0.9%$79.78
03/27/200804/11/2008$0.1800%0.9%$79.78
12/20/200701/04/2008$0.1700%0.85%$79.78
09/21/200710/05/2007$0.1700%0.85%$79.78
06/22/200707/06/2007$0.1700%0.85%$79.78
03/22/200704/06/2007$0.1700%0.85%$79.78
12/21/200601/05/2007$0.1600%0.8%$79.78
09/26/200610/06/2006$0.1600%0.8%$79.78
06/22/200607/07/2006$0.1600%0.8%$79.78
03/23/200604/07/2006$0.1600%0.8%$79.78
12/21/200501/06/2006$0.1500%0.75%$79.78
09/22/200510/07/2005$0.1500%0.75%$79.78
06/23/200507/08/2005$0.1500%0.75%$79.78
03/22/200504/08/2005$0.1500%0.75%$79.78
12/29/200401/14/2005$0.1400%0.7%$79.78
09/22/200410/08/2004$0.1400%0.7%$79.78
06/23/200407/09/2004$0.1400%0.7%$79.78
03/24/200404/09/2004$0.1400%0.7%$79.78
12/23/200301/09/2004$0.1300%0.65%$79.78
09/24/200310/10/2003$0.1300%0.65%$79.78
06/25/200307/11/2003$0.1300%0.65%$79.78
03/26/200304/11/2003$0.1300%0.65%$79.78
12/24/200201/10/2003$0.1200%0.6%$79.78
09/25/200210/11/2002$0.1200%0.6%$79.78
06/26/200207/12/2002$0.1200%0.6%$79.78
03/26/200204/12/2002$0.1200%0.6%$79.78
12/26/200101/11/2002$0.1100%0.55%$79.78
09/26/200110/12/2001$0.1100%0.55%$79.78
06/27/200107/13/2001$0.1100%0.55%$79.78
03/28/200104/13/2001$0.1100%0.55%$79.78
12/27/200001/12/2001$0.1000%0.5%$79.78
09/27/200010/13/2000$0.1000%0.5%$79.78
06/28/200007/14/2000$0.1000%0.5%$79.78
03/29/200004/14/2000$0.1000%0.5%$79.78
12/29/199901/14/2000$0.1000%0.5%$79.78
09/22/199910/08/1999$0.1000%0.5%$79.78
06/23/199907/09/1999$0.1000%0.5%$79.78
03/24/199904/09/1999$0.1000%0.5%$79.78
12/22/199801/08/1999$0.1000%0.5%$79.78
09/23/199810/09/1998$0.1000%0.5%$79.78
06/24/199807/10/1998$0.1000%0.5%$79.78
03/25/199804/10/1998$0.1000%0.5%$79.78
12/23/199701/09/1998$0.0900%0.45%$79.78
09/24/199710/10/1997$0.0900%0.45%$79.78
06/25/199707/11/1997$0.0800%0.4%$79.78
03/25/199704/11/1997$0.0800%0.4%$79.78
12/24/199601/10/1997$0.0700%0.35%$79.78
09/25/199610/11/1996$0.0600%0.3%$79.78
06/26/199607/12/1996$0.0600%0.3%$79.78
03/27/199604/12/1996$0.0600%0.3%$79.78
12/27/199501/12/1996$0.0500%0.25%$79.78
09/27/199510/13/1995$0.0500%0.25%$79.78
06/21/199507/07/1995$0.0400%0.2%$79.78
03/20/199504/07/1995$0.0400%0.2%$79.78
12/19/199401/06/1995$0.0400%0.2%$79.78
10/07/199410/28/1994$0.0300%0.15%$79.78
03/15/199004/02/1990$0.0900%0.45%$79.78
12/18/198901/01/1990$0.0900%0.45%$79.78
09/14/198910/02/1989$0.0900%0.45%$79.78
06/14/198907/03/1989$0.0800%0.4%$79.78
03/14/198904/03/1989$0.0800%0.4%$79.78
12/16/198801/02/1989$0.0800%0.4%$79.78
08/16/198809/01/1988$0.0800%0.4%$79.78
05/17/198806/01/1988$0.0700%0.35%$79.78
02/16/198803/01/1988$0.0700%0.35%$79.78
12/16/198701/07/1988$0.0670%0.33%$79.78
11/23/198712/01/1987$0.0530%0.27%$79.78
08/18/198709/01/1987$0.0530%0.27%$79.78
05/19/198706/01/1987$0.0470%0.23%$79.78
02/18/198703/02/1987$0.0470%0.23%$79.78
12/18/198601/07/1987$0.0600%0.3%$79.78

Projected Future Returns & Dividends for INDB

Based on past 6.4-year performance, here are INDB growth metrics:

Share price CAGR of -3.65%
Dividend CAGR of +8.55%

Using INDB CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

INDB (DRIP)INDB - No DRIP
Current Price$62.89$62.89
Start Shares159.01159.01
Start Value$10,000$10,000
  
After 10 years:
Final Share Count311.81159.01
Dividends Payment$1.34$1.34
Annual Dividends$1,671$852
Yield on cost16.71%8.52%
Share Price$45.01$45.01
Total Dividends$7,736$5,579
Final Value$14,034$12,736

Estimated Future Value + Dividends - INDB

NOTE: Above numbers are our estimate based on INDB's Dividend and Price CAGR over past 6.4 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

Get the best Dividend Stock Research Tools:

Monthly
$35/mo
7-days Free Trial
YMTracker & Earnings / Dividends / Estimate Reports for 1000s of Stocks
YMTracker
Visual Stock Research
Stock Comparison Tools
Dividend Stocks & ETFs
Revenue & EPS Estimates
Custom Dividend Reports
Start Free Trial
Yearly - 20% OFF
$336/yr
7-days Free Trial
YMTracker & Earnings / Dividends / Estimate Reports for 1000s of Stocks
YMTracker
Visual Stock Research
Stock Comparison Tools
Dividend Stocks & ETFs
Revenue & EPS Estimates
Custom Dividend Reports
Start Free Trial

Company Info

Independent Bank Corp. (INDB) had its IPO on 1986-05-14, and is trader on NASDAQ stock exchange.

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 primarily in Massachusetts. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

INDB website: https://www.rocklandtrust.com

Get Full Access to All Reports with DRIPCalc PRO

Monthly
$35/mo
7-days Free Trial
YMTracker & Earnings / Dividends / Estimate Reports for 1000s of Stocks
YMTracker
Visual Stock Research
Stock Comparison Tools
Dividend Stocks & ETFs
Revenue & EPS Estimates
Custom Dividend Reports
Start Free Trial
Yearly - 20% OFF
$336/yr
7-days Free Trial
YMTracker & Earnings / Dividends / Estimate Reports for 1000s of Stocks
YMTracker
Visual Stock Research
Stock Comparison Tools
Dividend Stocks & ETFs
Revenue & EPS Estimates
Custom Dividend Reports
Start Free Trial