Independent Bank Corp. ( INDB ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.38 per share is scheduled to be paid on January 11, 2019. Shareholders who purchased INDB 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 $69.83, the dividend yield is 2.18%.
The previous trading day's last sale of INDB was $69.83, representing a -26.49% decrease from the 52 week high of $95 and a 5.61% increase over the 52 week low of $66.12.
INDB is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co ( JPM ) and Bank of America Corporation ( BAC ). INDB's current earnings per share, an indicator of a company's profitability, is $4.13. Zacks Investment Research reports INDB's forecasted earnings growth in 2018 as 39.4%, compared to an industry average of 22.3%.