Independent Bank Corp. ( INDB ) has announced an ex-dividend date of December 20, 2012 and a cash dividend payment of $0.21 per share scheduled for December 31, 2012. Shareholders who purchased INDB stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that INDB has paid the same dividend. At the current stock price of $29.04, the dividend yield is 2.89%.
The previous trading day's last sale of INDB was $29.04, representing a -8.51% decrease from the 52 week high of $31.74 and a 12.34% 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 $2.02. Zacks Investment Research reports INDB's forecasted earnings growth in 2012 as -1.4%, compared to an industry average of 9.2%.
For more information on the declaration, record and payment dates, visit the INDB Dividend History page.