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Independent Bank Corp. (INDB) Ex-Dividend Date Scheduled for March 27, 2013

By: NASDAQ.com News
Posted: 3/26/2013 9:00:00 AM
Referenced Stocks: INDB;JPM;WFC

Independent Bank Corp. ( INDB ) will begin trading ex-dividend on March 27, 2013. A cash dividend payment of $0.22 per share is scheduled to be paid on April 12, 2013. Shareholders who purchased INDB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.76% increase over the prior quarter.

The previous trading day's last sale of INDB was $32.59, representing a -0.31% decrease from the 52 week high of $32.69 and a 26.07% increase over the 52 week low of $25.85.

INDB is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). INDB's current earnings per share, an indicator of a company's profitability, is $1.95. Zacks Investment Research reports INDB's forecasted earnings growth in 2013 as 9.1%, compared to an industry average of 6%.

For more information on the declaration, record and payment dates, visit the INDB Dividend History page.