Independent Bank Corp. Announces Quarterly Dividend

Rhea-AI Summary

Independent Bank Corp. (INDB) announces a $0.55 per share dividend payable on January 5, 2024, to stockholders of record as of December 26, 2023. Rockland Trust, the subsidiary of INDB, offers a wide range of banking, investment, and insurance services in Massachusetts and Rhode Island. The bank has a longstanding commitment to equity and inclusion, reflected in its community involvement and diversity initiatives.

ROCKLAND, Mass.--(BUSINESS WIRE)-- The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.55 per share dividend. The dividend will be payable on January 5, 2024, to stockholders of record as of the close of business on December 26, 2023.

Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. With retail branches in Eastern Massachusetts and Worcester County as well as commercial banking and investment management offices in Massachusetts and Rhode Island, Rockland Trust offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. The Bank also offers a full suite of mobile, online, and telephone banking services. Rockland Trust was named to The Boston Globe's "Top Places to Work" 2023 list, an honor earned for the 15th consecutive year. Rockland Trust has a longstanding commitment to equity and inclusion. This commitment is underscored by initiatives such as Diversity and Inclusion leadership training, a colleague Allyship mentoring program, and numerous Employee Resource Groups focused on providing colleague support and education, reinforcing a culture of mutual respect and advancing professional development, and Rockland Trust's sponsorship of diverse community organizations through charitable giving and employee-based volunteerism. In addition, Rockland Trust is deeply committed to the communities it serves, as reflected in the overall "Outstanding" rating in its most recent Community Reinvestment Act performance evaluation. Rockland Trust is an FDIC member and an Equal Housing Lender.

Category: Dividends Releases

View source version on businesswire.com: https://www.businesswire.com/news/home/20231214424408/en/

Jeffrey Tengel

President and

Chief Executive Officer

(781) 982-6660



Mark J. Ruggiero

Chief Financial Officer

(781) 982-6281

Source: Independent Bank Corp.

FAQ

When will Independent Bank Corp. (INDB) pay the dividend?

The dividend will be payable on January 5, 2024, to stockholders of record as of the close of business on December 26, 2023.

What services does Rockland Trust, a subsidiary of Independent Bank Corp. (INDB), offer?

Rockland Trust offers a wide range of banking, investment, and insurance services to individuals, families, and businesses in Massachusetts and Rhode Island.

What recognition has Rockland Trust received?

Rockland Trust was named to The Boston Globe's 'Top Places to Work' 2023 list for the 15th consecutive year.

How is Rockland Trust committed to equity and inclusion?

Rockland Trust demonstrates its commitment through initiatives such as Diversity and Inclusion leadership training, colleague Allyship mentoring program, Employee Resource Groups, and community involvement through charitable giving and employee-based volunteerism.

Is Rockland Trust a member of the FDIC?

Yes, Rockland Trust is an FDIC member and an Equal Housing Lender.