Independent Bank Corp. Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Independent Bank Corp. (Nasdaq: INDB) has declared a dividend of $0.48 per share, scheduled for payment on July 9, 2021, to shareholders on record as of June 28, 2021. In 2020, Rockland Trust, the bank's subsidiary, was recognized as one of the “Top Places to Work” by The Boston Globe for the 12th consecutive year and ranked the #1 Bank in Massachusetts by Forbes. The bank is committed to community service, reflected in its “Outstanding” rating in the Community Reinvestment Act evaluation.

Positive

• Declared a dividend of $0.48 per share, enhancing shareholder income.
• Rockland Trust ranked #1 Bank in Massachusetts by Forbes 2020.
• Recognized as a top workplace for 12 consecutive years, indicating strong employee satisfaction.

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• None.

The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.48 per share dividend. The dividend will be payable on July 9, 2021, to stockholders of record as of the close of business on June 28, 2021.

Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust was named to The Boston Globe’s “Top Places to Work” 2020 list, an honor earned for the 12^th consecutive year. In addition to this recognition, Rockland Trust was ranked the #1 Bank in Massachusetts, according to Forbes 2020 World’s Best Banks list. Rockland Trust is deeply committed to the communities it serves as reflected in the overall “Outstanding” rating received in its most recent Community Reinvestment Act performance evaluation. Rockland Trust offers a wide range of banking, investment, and insurance services. The Bank serves businesses and individuals through approximately 100 retail branches, commercial and residential lending centers, and investment management offices in eastern Massachusetts, including Greater Boston, the South Shore, Cape Cod and Islands, as well as in Worcester County and Rhode Island. Rockland Trust also offers a full suite of mobile, online, and telephone banking services. Rockland Trust is an FDIC member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters®,” please visit RocklandTrust.com.

Category: Dividends Releases

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FAQ

What is the dividend amount declared by Independent Bank Corp. (INDB)?

The dividend amount declared is $0.48 per share.

When is the dividend payment date for INDB?

The dividend payment date is July 9, 2021.

What is the record date for receiving the dividend from INDB?

The record date for receiving the dividend is June 28, 2021.

Has Independent Bank Corp. received any awards or recognitions?

Yes, Rockland Trust was ranked the #1 Bank in Massachusetts by Forbes.

What is the significance of the Community Reinvestment Act rating for INDB?

Rockland Trust received an 'Outstanding' rating, reflecting its commitment to community service.