INDB Dividend History & Yield Analysis

INDB has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
2.86%
Forward yield
2.98%
Dividend per share (TTM)
$2.46
Annualized rate
$2.56
Payout frequency
Quarterly
Last payment
$0.6400
5-year dividend CAGR
5.10%
Consecutive growth years
7

Yields calculated against a market price of $86.04.

Annual Dividend History

  • 2026$1.28
  • 2025$2.36
  • 2024$2.28
  • 2023$2.20
  • 2022$2.08
  • 2021$1.92
  • 2020$1.84
  • 2019$1.76
  • 2018$1.52
  • 2017$1.60
  • 2016$1.16
  • 2015$1.04
  • 2014$0.9600
  • 2013$0.8800
  • 2012$0.8400
  • 2011$0.7600
  • 2010$0.7200
  • 2009$0.7200
  • 2008$0.7200
  • 2007$0.6800
  • 2006$0.6400
  • 2005$0.6000
  • 2004$0.5600
  • 2003$0.5200
  • 2002$0.4800

INDB Payout History & Ex-Dividend Dates

INDB dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-06-012026-06-29$0.6400
2026-03-012026-03-30$0.6400
2025-12-012025-12-29$0.5900
2025-09-012025-09-29$0.5900
2025-06-012025-06-30$0.5900
2025-03-012025-03-31$0.5900
2024-12-012024-12-30$0.5700
2024-09-012024-09-30$0.5700
2024-07-012024-07-01$0.5700
2024-03-012024-03-28$0.5700
2023-12-012023-12-22$0.5500
2023-09-012023-09-29$0.5500
2023-06-012023-06-23$0.5500
2023-03-012023-03-24$0.5500
2022-12-012022-12-23$0.5500
2022-09-012022-09-23$0.5100
2022-06-012022-06-24$0.5100
2022-03-012022-03-25$0.5100
2021-12-012021-12-23$0.4800
2021-09-012021-09-24$0.4800
2021-06-012021-06-25$0.4800
2021-03-012021-03-26$0.4800
2020-12-012020-12-24$0.4600
2020-09-012020-09-25$0.4600
2020-06-012020-06-26$0.4600
2020-03-012020-03-27$0.4600
2019-12-012019-12-27$0.4400
2019-09-012019-09-27$0.4400
2019-06-012019-06-28$0.4400
2019-03-012019-03-22$0.4400
2018-12-012018-12-28$0.3800
2018-09-012018-09-28$0.3800
2018-06-012018-06-29$0.3800
2018-03-012018-03-23$0.3800
2017-12-012017-12-22$0.3200
2017-10-012017-09-29$0.3200
2017-09-012017-09-22$0.3200
2017-06-012017-06-22$0.3200
2017-03-012017-03-23$0.3200
2016-12-012016-12-21$0.2900
2016-09-012016-09-22$0.2900
2016-06-012016-06-23$0.2900
2016-03-012016-03-23$0.2900
2015-12-012015-12-23$0.2600
2015-09-012015-09-24$0.2600
2015-06-012015-06-25$0.2600
2015-03-012015-03-26$0.2600
2014-12-012014-12-24$0.2400
2014-09-012014-09-25$0.2400
2014-06-012014-06-26$0.2400
2014-03-012014-03-27$0.2400
2013-12-012013-12-26$0.2200
2013-09-012013-09-26$0.2200
2013-06-012013-06-27$0.2200
2013-03-012013-03-27$0.2200
2012-12-012012-12-20$0.2100
2012-09-012012-09-27$0.2100
2012-06-012012-06-28$0.2100
2012-03-012012-03-22$0.2100
2011-12-012011-12-21$0.1900

Does INDB pay dividends?

Yes. INDB pays on a quarterly schedule, most recently $0.6400 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the INDB yield is calculated

The trailing yield divides the last twelve months of dividends per share ($2.46) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the INDB DCF fair value page for the cash flow behind it.