Independent Bank Corp.
Reinvesting dividends added $411.70 extra to your Independent Bank Corp. investment over this period.
| Ex-Date | Dividend | Reinvest Price | Shares Added |
|---|---|---|---|
| 2025-03-31 | $0.59 | $62.65 | +0.009417 |
| 2025-06-30 | $0.59 | $62.89 | +0.009470 |
| 2025-09-29 | $0.59 | $69.44 | +0.008657 |
| 2025-12-29 | $0.59 | $74.69 | +0.008117 |
Independent Bank Corp. (INDB) is a dividend-paying stock. Over the past year, the company paid 4 dividends totaling $2.3600 per share. When these dividends are reinvested through a DRIP (Dividend Reinvestment Plan), they purchase additional shares, which then generate their own dividends—creating a compounding effect that can significantly boost long-term returns.
Our total return calculator simulates dividend reinvestment (DRIP) by assuming each dividend payment is used to purchase additional shares at the closing price on the ex-dividend date. This methodology provides an accurate representation of how a dividend reinvestment plan would perform. The calculation accounts for the compounding effect where reinvested dividends generate their own future dividends.
Independent Bank Corp. (INDB) delivered a total return of 19.56% over the past year when dividends are reinvested. The price-only return was 15.45%, meaning dividends contributed an additional 4.12 percentage points to total returns.
A $10,000 investment in Independent Bank Corp. one year ago would be worth $11,956 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $11,545. Dividend reinvestment added $412 to the portfolio value.
Yes, Independent Bank Corp. (INDB) pays dividends. Over the past year, INDB paid 4 dividends totaling $2.3600 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.
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