Independent Bank Corp. Declares Q3 Dividend
Ticker: INDB · Form: 8-K · Filed: Sep 19, 2024 · CIK: 776901
Sentiment: neutral
Topics: dividend, quarterly-report
Related Tickers: IBNK
TL;DR
IBNK is paying out $0.18/share dividend on Oct 15.
AI Summary
Independent Bank Corp. announced on September 19, 2024, its intention to pay a common stock dividend of $0.18 per share for the third quarter of 2024. This dividend is payable on October 15, 2024, to shareholders of record as of October 1, 2024.
Why It Matters
The declaration of a regular dividend signals the company's continued financial health and commitment to returning value to its shareholders.
Risk Assessment
Risk Level: low — This filing is a routine dividend announcement, which typically carries low risk.
Key Numbers
- $0.18 — Per Share Dividend (Amount to be paid to shareholders for Q3 2024.)
Key Players & Entities
- Independent Bank Corp. (company) — Filer and dividend issuer
- $0.18 (dollar_amount) — Per share dividend amount
- September 19, 2024 (date) — Date of report and dividend declaration
- October 15, 2024 (date) — Payment date for the dividend
- October 1, 2024 (date) — Record date for the dividend
FAQ
What is the amount of the common stock dividend declared by Independent Bank Corp.?
Independent Bank Corp. declared a common stock dividend of $0.18 per share.
When is the dividend payment date?
The dividend is payable on October 15, 2024.
Who is eligible to receive this dividend?
Shareholders of record as of October 1, 2024, are eligible to receive the dividend.
What period does this dividend cover?
This dividend is for the third quarter of 2024.
What is the company's ticker symbol?
The filing does not explicitly state the ticker symbol, but the company name is Independent Bank Corp.
Filing Stats: 461 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-09-19 16:13:46
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share INDB NASDAQ Global
Filing Documents
- indb-20240919.htm (8-K) — 33KB
- exhibit991-q32024commondiv.htm (EX-99.1) — 5KB
- image.jpg (GRAPHIC) — 71KB
- 0000776901-24-000158.txt ( ) — 292KB
- indb-20240919.xsd (EX-101.SCH) — 2KB
- indb-20240919_def.xml (EX-101.DEF) — 14KB
- indb-20240919_lab.xml (EX-101.LAB) — 26KB
- indb-20240919_pre.xml (EX-101.PRE) — 15KB
- indb-20240919_htm.xml (XML) — 4KB
01 OTHER EVENTS
ITEM 8.01 OTHER EVENTS On September 19, 2024 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.
FINANCIAL STATEMENTS AND EXHIBITS
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 Septemb er 19 , 2024 101 The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document. 104 Cover page interactive data file (formatted as inline XBRL and contained in Exhibit 101). 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: September 19, 2024 By: /s/Mark J. Ruggiero MARK J. RUGGIERO CHIEF FINANCIAL OFFICER