Independent Bank Raises Dividend to 59c/Shr

Dow Jones

2025/03/21

By Connor Hart

Independent Bank Corp. increased its quarterly dividend to 59 cents a share from 57 cents.

The new payout, equal to $2.36 a year, represents an annual yield of 3.7% based on Thursday's closing price of $63.07.

The new dividend will be paid on April 7 to shareholders of record as of March 31, the bank holding company said.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 20, 2025 16:43 ET (20:43 GMT)

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