Independent Bank Corp. Declares Q1 2025 Dividend
Ticker: INDB · Form: 8-K · Filed: Mar 20, 2025 · CIK: 776901
Sentiment: neutral
Topics: dividend, shareholder-return
Related Tickers: IBNK
TL;DR
IBNK paying $0.17 dividend April 19th, record date April 5th.
AI Summary
Independent Bank Corp. announced on March 20, 2025, its intention to pay a quarterly common dividend of $0.17 per share. This dividend is payable on April 19, 2025, to shareholders of record as of April 5, 2025. The company is incorporated in Massachusetts and its principal executive offices are located in Hanover, MA.
Why It Matters
This filing indicates the company's continued commitment to returning capital to shareholders, which can be a positive signal for investors regarding financial health and future prospects.
Risk Assessment
Risk Level: low — The filing is a routine dividend announcement, which typically carries low risk.
Key Numbers
- $0.17 — Quarterly Dividend Per Share (Amount to be paid to shareholders)
- April 5, 2025 — Record Date (Shareholders must be on record by this date to receive the dividend)
- April 19, 2025 — Payment Date (Date the dividend will be paid)
Key Players & Entities
- Independent Bank Corp. (company) — Filer
- March 20, 2025 (date) — Date of Report
- $0.17 (dollar_amount) — Quarterly common dividend per share
- April 19, 2025 (date) — Dividend payment date
- April 5, 2025 (date) — Record date for dividend
- Massachusetts (location) — State of Incorporation
FAQ
What is the amount of the quarterly common dividend declared by Independent Bank Corp.?
Independent Bank Corp. declared a quarterly common dividend of $0.17 per share.
When is the dividend payment date?
The dividend is payable on April 19, 2025.
What is the record date for the dividend?
Shareholders of record as of April 5, 2025, will receive the dividend.
What is the company's state of incorporation?
The company is incorporated in Massachusetts.
What is the filing date of this Current Report?
This Current Report (Form 8-K) was filed on March 20, 2025.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 20, 2025 regarding INDEPENDENT BANK CORP (INDB).