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Independent BankFRA:60O -1.37%64 Dividend Yield % is 2.94% as of Aug. 10, 2026, which is 20% above its 10-year median of 2.46. GuruFocus rates FRA:60O with a GF Score™ of 64/100 and a GF Value™ of €66.72. The stock has 6 warning signs investors should review. Among 1,247 Banks companies, Independent Bank ranks worse than 50.2% on this metric.
As of today (2026-08-10), the Trailing Annual Dividend Yield of Independent Bank is 2.94%.
Warning Sign:
Independent Bank Corp stock Dividend Yield % is close to 3-year low.
The historical rank and industry rank for Independent Bank's Dividend Yield % or its related term are showing as below:
FRA:60O'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.52 Med: 2.46 Max: 4.85
Current: 2.94
During the past 13 years, the highest Dividend Yield of Independent Bank was 4.85%. The lowest was 1.52%. And the median was 2.46%.
FRA:60O's Dividend Yield % is ranked worse than 50.2% of 1247
companies
in the Banks industry
Industry Median: 2.97
vs FRA:60O: 2.94
During the past 12 months, Independent Bank's average Dividends Per Share Growth Rate was 4.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Independent Bank was 62.00% per year. The lowest was -20.90% per year. And the median was 7.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Independent Bank (FRA:60O) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
The historical data trend for Independent Bank's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:60O vs RNST, WSFS, CVBF: Dividend Yield % Comparison
For the Banks - Regional subindustry, Independent Bank's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independent Bank Dividend Yield % vs Banks Industry
For the Banks industry and Financial Services sector, Independent Bank's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Independent Bank's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Independent Bank Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.640000
2026-06-29
2026-06-29
2026-07-09
Cash Dividend
quarterly
USD:EUR 0.868000
USD 0.640000
2026-03-30
2026-03-30
2026-04-09
Cash Dividend
quarterly
USD:EUR 0.865000
USD 0.590000
2025-12-29
2025-12-29
2026-01-07
Cash Dividend
quarterly
USD:EUR 0.854000
USD 0.590000
2025-09-29
2025-09-29
2025-10-07
Cash Dividend
quarterly
USD:EUR 0.852000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Independent Bank's Trailing Annual Dividend Yield (%) for Today is calculated as
Independent Bank's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
2.22208
/
72.00
=
3.09 %
Current Share Price is €72.00. Independent Bank's Dividends per Share for the forward twelve months is calculated as €0.55552 * 4 = €2.22208.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Independent Bank (FRA:60O) has a Dividend Yield % of 2.94% as of Aug. 10, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Independent Bank and its competitors. This is 20% above median its historical median of 2.46. Over the past decade, Independent Bank's Dividend Yield % has ranged from 1.52 to 4.85. According to the industry distribution chart, Independent Bank ranks #626 out of 1247 companies in the Banks industry, placing it in the top 50.2%.
Is Independent Bank's Dividend Yield % too high?
Independent Bank's current Dividend Yield % of 2.94% is 20% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 4.85. The Banks industry median Dividend Yield % is 2.97. Independent Bank's value of 2.94% is 1% below this industry median. Based on the distribution chart, Independent Bank ranks #626 out of 1247 companies in the Banks industry, which is below the industry midpoint. Overall, Independent Bank has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Independent Bank's Dividend Yield % compare to RNST and WSFS?
According to the Banks industry distribution chart, Independent Bank ranks #626 out of 1247 companies for Dividend Yield %. This places Independent Bank in the lower half of its industry. The industry median Dividend Yield % is 2.97. Independent Bank's value of 2.94% is 1% below this benchmark. Historically, Independent Bank's own Dividend Yield % has ranged from 1.52 to 4.85 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 2.97, Independent Bank has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Banks company?
The median Dividend Yield % among Banks companies is 2.97, based on 1,247 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independent Bank's current Dividend Yield % of 2.94% is 1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Independent Bank and its competitors. For the Banks industry, the median Dividend Yield % is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Bank's current Dividend Yield % is 2.94%, which is 20% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Bank stock overvalued right now?
Independent Bank (FRA:60O) has a current Dividend Yield % of 2.94%. The stock's GF Value™ is €66.72, compared to a current price of €72.00 — trading 7.9% above its estimated fair value. The current Dividend Yield % is 2.94%, which is 20% above median its 10-year median of 2.46 and 1% below the Banks industry median of 2.97. Independent Bank's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Independent Bank (FRA:60O), the current Dividend Yield % is 2.94% as of Aug. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Independent Bank (FRA:60O) Overvalued in 2026?
Based on GuruFocus' analysis, Independent Bank stock appears to be overvalued.
The current stock price of €72.00 is trading 7.9% above its estimated GF Value™ of €66.72.
Key valuation signals for FRA:60O:
Dividend Yield %: 2.94% (20% above median its 10-year median of 2.46)
GF Value™: €66.72 vs. price of €72.00 (7.9% above fair value)
Industry Position: 1% below the Banks median (#626 of 1247)
No single metric tells the full story. See the FRA:60O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
64GF Score
Get the complete analysis for FRA:60O
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