Independent Bank (INDB) | Dividend History & Payments | 1988 - 2025
Independent Bank Corp. Mid-cap Financial Services
TL;DR: Independent Bank Dividend Yield, Payout Ratio & Key Metrics
Independent Bank has paid $2.93 per share over the last 12 months, representing a current dividend yield of 3.78%. The company's 3-year average dividend yield stands at 0.96%. Over the past 3 years, the company has distributed a total of $7.39 per share in dividends.
Last Ex-Dividend Date
Dec 29, 2025
12-Month Dividend
$2.93
12-Month Div. Yield
3.78%
3-Year Total Dividend
$7.39
3-Year Avg Dividend
$2.46
3-Year Avg Yield
0.96%
Last 5Y Dividend
$10.36
All Time Dividend
$24.67
Date Range
Dec 1988 - Dec 2025
Independent Bank Yearly Dividend History Chart
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Independent Bank Dividend History From 1988 - 2025
Yearly Dividend Summary
| Year | Payments | Total Amount | Avg Amount | Avg Yield |
|---|---|---|---|---|
| 2025 | 4 | $2.36 | $0.59 | 3.50% |
| 2024 | 4 | $2.28 | $0.57 | 4.11% |
| 2023 | 4 | $2.20 | $0.55 | 3.93% |
| 2022 | 4 | $2.08 | $0.52 | 2.58% |
| 2021 | 4 | $1.92 | $0.48 | 2.41% |
| 2020 | 4 | $1.84 | $0.46 | 2.90% |
| 2019 | 4 | $1.76 | $0.44 | 2.26% |
| 2018 | 4 | $1.52 | $0.38 | 1.97% |
| 2017 | 4 | $1.28 | $0.32 | 1.90% |
| 2016 | 4 | $1.16 | $0.29 | 2.17% |
| 2015 | 4 | $1.04 | $0.26 | 2.25% |
| 2014 | 4 | $0.96 | $0.24 | 2.47% |
| 2013 | 3 | $0.66 | $0.22 | 1.81% |
| 2003 | 1 | $0.13 | $0.13 | 0.65% |
| 2002 | 4 | $0.48 | $0.12 | 2.08% |
| 2001 | 4 | $0.44 | $0.11 | 2.41% |
| 2000 | 4 | $0.40 | $0.10 | 3.35% |
| 1999 | 4 | $0.40 | $0.10 | 2.92% |
| 1998 | 4 | $0.40 | $0.10 | 2.21% |
| 1997 | 4 | $0.34 | $0.08 | 2.44% |
| 1996 | 4 | $0.25 | $0.06 | 2.88% |
| 1995 | 4 | $0.18 | $0.04 | 2.50% |
| 1994 | 2 | $0.08 | $0.04 | 1.49% |
| 1990 | 1 | $0.09 | $0.09 | 1.50% |
| 1989 | 4 | $0.34 | $0.08 | 3.38% |
| 1988 | 1 | $0.08 | $0.08 | 0.73% |
Detailed Dividend History
| Ex-Date | Amount | Yield | Stock Price |
|---|---|---|---|
| Dec 29, 2025 | $0.59 | 0.76% | $77.59 |
| Sep 29, 2025 | $0.59 | 0.85% | $69.45 |
| Jun 30, 2025 | $0.59 | 0.88% | $66.94 |
| Mar 31, 2025 | $0.59 | 1.07% | $55.39 |
| Dec 30, 2024 | $0.57 | 0.89% | $63.92 |
| Sep 30, 2024 | $0.57 | 0.98% | $57.97 |
| Jul 1, 2024 | $0.57 | 1.19% | $47.97 |
| Mar 28, 2024 | $0.57 | 1.10% | $52.02 |
| Dec 22, 2023 | $0.55 | 0.84% | $65.81 |
| Sep 29, 2023 | $0.55 | 1.14% | $48.20 |
| Jun 23, 2023 | $0.55 | 1.24% | $44.51 |
| Mar 24, 2023 | $0.55 | 0.84% | $65.62 |
| Dec 23, 2022 | $0.55 | 0.65% | $84.43 |
| Sep 23, 2022 | $0.51 | 0.68% | $74.53 |
| Jun 24, 2022 | $0.51 | 0.63% | $81.52 |
| Mar 25, 2022 | $0.51 | 0.63% | $81.46 |
| Dec 23, 2021 | $0.48 | 0.60% | $79.83 |
| Sep 24, 2021 | $0.48 | 0.61% | $79.24 |
| Jun 25, 2021 | $0.48 | 0.64% | $74.70 |
| Mar 26, 2021 | $0.48 | 0.57% | $84.62 |
| Dec 24, 2020 | $0.46 | 0.62% | $73.97 |
| Sep 25, 2020 | $0.46 | 0.87% | $52.89 |
| Jun 26, 2020 | $0.46 | 0.72% | $64.14 |
| Mar 27, 2020 | $0.46 | 0.73% | $63.21 |
| Dec 27, 2019 | $0.44 | 0.53% | $83.11 |
| Sep 27, 2019 | $0.44 | 0.61% | $72.25 |
| Jun 28, 2019 | $0.44 | 0.58% | $75.67 |
| Mar 22, 2019 | $0.44 | 0.54% | $81.01 |
| Dec 28, 2018 | $0.38 | 0.52% | $73.73 |
| Sep 28, 2018 | $0.38 | 0.45% | $83.97 |
| Jun 29, 2018 | $0.38 | 0.48% | $79.90 |
| Mar 23, 2018 | $0.38 | 0.53% | $71.55 |
| Dec 22, 2017 | $0.32 | 0.46% | $69.85 |
| Sep 29, 2017 | $0.32 | 0.43% | $74.85 |
| Jun 22, 2017 | $0.32 | 0.50% | $64.60 |
| Mar 23, 2017 | $0.32 | 0.53% | $60.35 |
| Dec 21, 2016 | $0.29 | 0.42% | $69.80 |
| Sep 22, 2016 | $0.29 | 0.54% | $53.58 |
| Jun 23, 2016 | $0.29 | 0.66% | $44.16 |
| Mar 23, 2016 | $0.29 | 0.63% | $46.09 |
| Dec 23, 2015 | $0.26 | 0.55% | $47.31 |
| Sep 24, 2015 | $0.26 | 0.56% | $46.16 |
| Jun 25, 2015 | $0.26 | 0.54% | $48.02 |
| Mar 26, 2015 | $0.26 | 0.60% | $43.20 |
| Dec 24, 2014 | $0.24 | 0.57% | $42.34 |
| Sep 25, 2014 | $0.24 | 0.66% | $36.17 |
| Jun 26, 2014 | $0.24 | 0.62% | $38.55 |
| Mar 27, 2014 | $0.24 | 0.62% | $38.64 |
| Dec 26, 2013 | $0.22 | 0.56% | $39.27 |
| Sep 26, 2013 | $0.22 | 0.62% | $35.71 |
| Jun 27, 2013 | $0.22 | 0.64% | $34.50 |
| Mar 26, 2003 | $0.13 | 0.65% | $19.90 |
| Dec 24, 2002 | $0.12 | 0.51% | $23.56 |
| Sep 25, 2002 | $0.12 | 0.60% | $19.91 |
| Jun 26, 2002 | $0.12 | 0.52% | $22.89 |
| Mar 26, 2002 | $0.12 | 0.46% | $25.88 |
| Dec 26, 2001 | $0.11 | 0.50% | $21.85 |
| Sep 26, 2001 | $0.11 | 0.67% | $16.30 |
| Jun 27, 2001 | $0.11 | 0.56% | $19.74 |
| Mar 28, 2001 | $0.11 | 0.73% | $15.00 |
| Dec 27, 2000 | $0.10 | 0.80% | $12.50 |
| Sep 27, 2000 | $0.10 | 0.83% | $12.00 |
| Jun 28, 2000 | $0.10 | 0.88% | $11.31 |
| Mar 29, 2000 | $0.10 | 0.84% | $11.94 |
| Dec 29, 1999 | $0.10 | 0.80% | $12.50 |
| Sep 22, 1999 | $0.10 | 0.79% | $12.62 |
| Jun 23, 1999 | $0.10 | 0.65% | $15.38 |
| Mar 24, 1999 | $0.10 | 0.70% | $14.31 |
| Dec 22, 1998 | $0.10 | 0.58% | $17.12 |
| Sep 23, 1998 | $0.10 | 0.59% | $16.94 |
| Jun 24, 1998 | $0.10 | 0.52% | $19.38 |
| Mar 25, 1998 | $0.10 | 0.53% | $19.00 |
| Dec 23, 1997 | $0.09 | 0.50% | $18.00 |
| Sep 24, 1997 | $0.09 | 0.64% | $14.00 |
| Jun 25, 1997 | $0.08 | 0.62% | $12.88 |
| Mar 25, 1997 | $0.08 | 0.74% | $10.88 |
| Dec 24, 1996 | $0.07 | 0.67% | $10.50 |
| Sep 25, 1996 | $0.06 | 0.69% | $8.75 |
| Jun 26, 1996 | $0.06 | 0.77% | $7.75 |
| Mar 27, 1996 | $0.06 | 0.77% | $7.75 |
| Dec 27, 1995 | $0.05 | 0.68% | $7.38 |
| Sep 27, 1995 | $0.05 | 0.67% | $7.50 |
| Jun 21, 1995 | $0.04 | 0.55% | $7.25 |
| Mar 20, 1995 | $0.04 | 0.60% | $6.62 |
| Dec 19, 1994 | $0.04 | 0.78% | $5.12 |
| Oct 7, 1994 | $0.04 | 0.71% | $5.62 |
| Mar 15, 1990 | $0.09 | 1.50% | $6.00 |
| Dec 18, 1989 | $0.09 | 1.09% | $8.25 |
| Sep 14, 1989 | $0.09 | 0.90% | $10.00 |
| Jun 14, 1989 | $0.08 | 0.74% | $10.75 |
| Mar 14, 1989 | $0.08 | 0.71% | $11.25 |
| Dec 16, 1988 | $0.08 | 0.73% | $11.00 |
Frequently Asked Questions
- For how long has Independent Bank been paying dividends and how much has it paid in total?
- Independent Bank has been paying dividends for 37 years, from 1988 to 2025. Over this period, the company has distributed a total of $24.67 per share in dividends to its shareholders, demonstrating consistent commitment to returning value to investors.
- When was Independent Bank's last dividend payment and how much was paid per share?
- Independent Bank's most recent dividend payment was $0.59 per share, with an ex-dividend date of December 29, 2025. Investors who owned the stock before this date were entitled to receive this dividend payment.
- What was Independent Bank's highest annual dividend payment year and what amount was paid?
- Independent Bank's highest annual dividend was paid in 2025, when the company distributed $2.36 per share across 4 payments throughout the year. This represented the peak of the company's dividend generosity and reflects strong financial performance during that period.
- How do Independent Bank's dividend payments in 2024 compare to 2025?
- Comparing Independent Bank's dividend payments, the company paid $2.28 per share in 2024 versus $2.36 per share in 2025, representing an increase of $0.08. This year-over-year comparison helps investors understand the trajectory of the company's dividend policy.
- How much would a $10,000.00 investment in Independent Bank have generated in dividends over the past 10 years?
- Over the past 10 years, Independent Bank has paid a total of $18.11 per share in dividends. Based on current stock price estimates, a $10,000.00 investment would have generated approximately $2,359.92 in dividend income during this period, demonstrating the value of dividend investing for long-term investors.
For more common questions about our data, please visit our About Data page.
Dividend data is provided for informational purposes only. Ex-dates, amounts, and yields may be subject to adjustments. Devyara does not guarantee the accuracy of the dividend data displayed.