Independent Bank Corp. raises quarterly dividend 8.5%
Independent Bank Corp. announced an 8.5% increase in its quarterly common stock dividend.
Rhea-AI Filing Summary
Independent Bank Corp. announced an 8.5% increase in its quarterly common stock dividend. The Board of Directors declared a $0.64 per share dividend, up $0.05 from the prior quarter.
The dividend will be payable on April 9, 2026 to stockholders of record at the close of business on March 30, 2026. Management links the higher dividend to improved profitability and an ongoing focus on delivering sustainable returns of capital to shareholders.
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Insights
Independent Bank lifts its quarterly dividend 8.5%, signaling confidence in earnings durability.
Independent Bank Corp. raised its quarterly dividend to $0.64 per share, a 8.5% increase and $0.05 higher than the prior quarter. This directly boosts cash returns to shareholders and typically reflects comfort with current earnings power.
The CEO explicitly ties the increase to improved profitability and a commitment to sustainable return on capital, suggesting this is not a one-off special payout. The declared record date of March 30, 2026 and payment date of April 9, 2026 provide clear timing for when investors receive the higher cash distribution.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What dividend did Independent Bank Corp. (INDB) declare in March 2026?
Independent Bank Corp. declared a quarterly dividend of $0.64 per share on its common stock. This dividend, approved by the Board of Directors, represents a $0.05 increase from the prior quarter’s payout, directly raising cash returns to shareholders.
By how much did Independent Bank Corp. (INDB) increase its quarterly dividend?
Independent Bank Corp. increased its quarterly dividend by 8.5%, or $0.05 per share. The dividend rose from the prior level to $0.64 per share, indicating management’s confidence in profitability and its focus on sustainable shareholder return of capital.
When will Independent Bank Corp.’s new dividend be paid and who qualifies?
The increased $0.64 per share dividend will be paid on April 9, 2026. Stockholders of record as of the close of business on March 30, 2026 will be eligible to receive this higher quarterly cash dividend.
Why did Independent Bank Corp. (INDB) raise its dividend in 2026?
Independent Bank Corp. raised its dividend to reflect improvement in the company’s profitability and its commitment to providing sustainable returns on capital to shareholders. The CEO highlighted these factors when announcing the 8.5% increase to $0.64 per share.
What type of announcement did Independent Bank Corp. file regarding the dividend?
Independent Bank Corp. filed a current report describing a press release that announced the increased quarterly common stock dividend. The release, furnished as Exhibit 99.1, details the new $0.64 per share dividend and related record and payment dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15 (d) of
The Securities and Exchange Act of 1934
DATE OF REPORT:
(Date of Earliest Event Reported)
(State or Other Jurisdiction of Incorporation)
| (Commission File Number) | (I.R.S. Employer identification No.) | |||||||
| Office Address: | ||||||||||||||
| Mailing Address: | ||||||||||||||
| (Address of principal executive offices, including zip code) | ||||||||||||||
NOT APPLICABLE
(Former Address of Principal Executive Offices)
(781 )-878-6100
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17CFR 230.405)) or Rule 12b-2 of the Exchange Act (17CFR 240.12b-2).
| Emerging growth company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
| ITEM 8.01 | OTHER EVENTS | ||||
On March 19, 2026 Independent Bank Corp. issued a press release regarding the declaration of a quarterly common stock dividend, a copy of which is furnished here as Exhibit 99.1 and is incorporated by reference.
ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS | ||||
d. The following exhibits are included with this Report:
| Exhibit Index | |||||
| Exhibit # | Exhibit Description | ||||
| 99.1 | Press Release of Independent Bank Corp. announcing quarterly common stock dividend dated March 19, 2026 | ||||
| 104 | Cover page interactive data file (embedded within the Inline XBRL document). | ||||
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned and hereunto duly authorized.
| INDEPENDENT BANK CORP. | |||||||||||
| Date: | March 19, 2026 | By: | /s/Mark J. Ruggiero | ||||||||
| MARK J. RUGGIERO | |||||||||||
| CHIEF FINANCIAL OFFICER | |||||||||||
Exhibit 99.1
Shareholder Relations NEWS RELEASE
288 Union Street,
Rockland, MA 02370
Contacts:
Jeffrey Tengel
President and
Chief Executive Officer
(781) 982-6660
Mark J. Ruggiero
Chief Financial Officer
(781) 982-6281
FOR IMMEDIATE RELEASE
INDEPENDENT BANK CORP.
ANNOUNCES 8.5% INCREASE IN QUARTERLY DIVIDEND
Rockland, MA (March 19, 2026) - The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.64 per share dividend, representing an increase of $0.05 from the prior quarter. The dividend will be payable on April 9, 2026, to stockholders of record as of the close of business on March 30, 2026.
“We are pleased to announce an 8.5% increase in our annual dividend, reflecting improvement in the Company’s profitability and its commitment to providing sustainable levels of return on capital to our shareholders,” stated Jeffrey Tengel, Chief Executive Officer of Independent Bank Corp.
ABOUT INDEPENDENT BANK CORP.
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, Worcester County, and Southern New Hampshire as well as commercial banking and investment management offices in Massachusetts, New Hampshire, and Rhode Island, Rockland Trust offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. 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.
Category: Dividends Releases