Reported quarterly values; no daily interpolation.
+0.7pp over 10Y
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Annual Dividend History(ex-date basis)
Year
Dividend/Share
YoY Growth
2026(YTD)
$1.92
Not comparable
2025
$2.36
+3.51%
2024
$2.28
+3.64%
2023
$2.20
+5.77%
2022
$2.08
+8.33%
2021
$1.92
+4.35%
2020
$1.84
+4.55%
2019
$1.76
+15.79%
Dividend Yield Metrics
Current Yield
3.15%
Average Yield (TTM)
3.07%
Average Yield (3Y)
3.74%
Forward Yield on Cost (3Y)
3.68%
Forward Yield on Cost (5Y)
4.08%
Forward Yield on Cost (10Y)
5.27%
Payout Ratio Analysis
Payout Ratio (Current)
45.31%
Payout Ratio (3Y Avg)
48.02%
Payout Ratio (5Y Avg)
47.19%
FCF payout ratio is unavailable for Independent Bank Corp.: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
Dividend Coverage
Payout Ratio
45.3%
Dividends / net income
Consecutive Years
15 years
Consecutive years of dividend increases
5Y Dividend Growth
5.1%
Compound annual dividend growth
This step chart displays the nominal dividend payouts over time by ex-dividend date (the date you must own the stock by to receive each payment), matching the distribution frequency.