Independent Bank Corp. Declares Quarterly Dividend for Investors
Independent Bank Corp. Announces Dividend for Stakeholders
Independent Bank Corp., which oversees Rockland Trust Company, has made an exciting announcement for its investors. The Board of Directors revealed a dividend of $0.57 per share, a decision that reflects the bank’s ongoing commitment to providing value to its stockholders. This dividend showcases the Bank’s strong financial position and commitment to rewarding its loyal investors.
Details of the Dividend Announcement
The dividend will be payable to shareholders who are on record as of September 30, 2024. This is significant for investors as it represents a reliable return as they hold their shares. The payment date set for October 4, 2024, allows stockholders to plan accordingly. Such dividends are essential not only for income generation but also for reflecting the bank’s profitability and solid management practices.
About Independent Bank Corp.
Independent Bank Corp. is a well-established entity in the financial sector, operating under the Nasdaq Global Select Market with the ticker INDB. As the parent company of Rockland Trust Company, it serves a diverse clientele including individuals, families, and businesses in Massachusetts and Rhode Island. This diversity in services, coupled with a strong local presence, makes Independent Bank Corp. a key player in the banking landscape.
Services Offered by Rockland Trust
Rockland Trust Company offers a comprehensive range of services. These include personal banking, commercial banking, investment management, and various insurance products. Customers can access solutions through an expansive network of retail branches located throughout Eastern Massachusetts and Worcester County, meeting many different community needs. Furthermore, the bank’s mobile and online services provide customers with easy access to their accounts and financial services regardless of their location.
Customer-Centric Approach
The commitment to customer satisfaction is evident in Rockland Trust’s approach to banking. Providing valuable services and maintaining strong relationships in the community has led to a loyal customer base. By focusing on understanding the needs of customers, the bank continues to thrive and expand its services, ensuring it can meet emerging demands in the banking sector.
Regulatory Compliance and Trust
Rockland Trust is not only a member of the FDIC, ensuring deposits are protected but also adheres to strict regulatory standards as an Equal Housing Lender. This commitment to compliance and consumer protection provides additional confidence to its customers, allowing individuals and businesses to trust the institution with their financial needs.
Frequently Asked Questions
What is the announced dividend amount for Independent Bank Corp.?
The announced dividend is $0.57 per share for stockholders.
When is the dividend payment date?
The dividend will be paid on October 4, 2024.
Who qualifies for the dividend payment?
Stockholders of record as of September 30, 2024, are eligible for the dividend payment.
What services does Rockland Trust offer?
Rockland Trust offers a wide array of services, including personal and commercial banking, investment management, and insurance services.
Is Rockland Trust regulated?
Yes, Rockland Trust is a member of the FDIC and is an Equal Housing Lender, ensuring compliance with regulatory standards.
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