Independent Bank Corp. (INDB) will begin trading ex-dividend on September 25, 2020. A cash dividend payment of $0.46 per share is scheduled to be paid on October 09, 2020. Shareholders who purchased INDB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that INDB has paid the same dividend. At the current stock price of $50.3, the dividend yield is 3.66%.
The previous trading day's last sale of INDB was $50.3, representing a -42.26% decrease from the 52 week high of $87.11 and a 0.08% increase over the 52 week low of $50.26.
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 $4.43. Zacks Investment Research reports INDB's forecasted earnings growth in 2020 as -40.57%, compared to an industry average of -17.4%.
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