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Independent Bank (INDB.US) went ex-dividend — CA$0.64

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Stocks & ETFs:INDB.US

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Dividend history

Independent Bank

INDB.US

Full quote →

Recent payments

$0.6400USD

Ex: Sep 28, 2026

Pay: Oct 9

Quarterly

What the Ex-Dividend Date Means for Investors

Independent Bank went ex-dividend on September 28, 2026. If you bought shares on or after this date, you won’t receive the upcoming dividend payment. The declared dividend is CA$0.64 USD, set to be paid on October 9, 2026.

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Independent Bank

INDB.US

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INDB.US

Independent Bank

Source:WealthAwesomeWealthAwesome
↓ $0.92 (-1.14%)
71 day period
$79.54$83.36$87.17Jun 17Aug 7Sep 28

Market cap

$3.85B

P/E

14.7x

Div. yield

3.07%

Div. / share

$2.46

52W high

$86.81

52W low

$61.34

1W change

-2.04%

Beta

0.78

Analyst Price Targets

Based on 4 analysts covering INDB · as of Sep 17, 2026

📈

Wall Street analysts forecast INDB stock price to rise 17.5% over the next 12 months.

Consensus

Buy

4.00 / 5.00

Avg. Target

C$93.43

+17.5% Upside

Current Price

C$79.54

Last close

Analyst Breakdown (4 analysts)

Strong Buy 2
Hold 2
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on INDB's historical volatility

HistoricalForecast68%95%
C$58.02C$64.80C$71.57C$78.35C$85.13C$91.90TodayJun 17Aug 7Sep 28Nov 10Dec 24Feb 5

30-Day Vol

16.7%

Annualized

90-Day Vol

17.9%

Annualized

Trend (90d)

-23.8%

Annualized drift

90d Mean

C$73.06

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$77.32C$72.98 – C$81.91
60 trading daysC$75.16C$69.26 – C$81.55
90 trading daysC$73.06C$66.10 – C$80.74

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor Takeaway: If you held shares of Independent Bank as of the record date, you’ll see this dividend credited to your account on the payment date. This dividend offers a trailing yield of 3.07%, based on current market conditions.

Dividend Amount: CA$0.64 USD

The recent ex-dividend date shows Independent Bank’s commitment to returning value to its shareholders with a quarterly payment structure.

Understanding Ex-Dividend Dates

The ex-dividend date is important for shareholders because it determines who is eligible for the upcoming dividend payment. If you buy shares on or after the ex-dividend date, you won’t receive the dividend. In this case, only those who owned shares before September 28, 2026, will receive the CA$0.64 USD dividend.

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Upcoming Dividend Payment Details

Independent Bank will pay the declared dividend on October 9, 2026. Shareholders on record as of the ex-dividend date will see this dividend credited to their accounts. This quarterly payment reflects the bank's ongoing commitment to providing returns to its investors.


Dividend calendar

TickerINDB.US
AmountCA$0.64
Ex-dividend2026-09-28
Record2026-09-28
Payment2026-10-09
Declared2026-09-17
Trailing yield3.07%
Stock pageINDB.US dividend history

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Wealth Awesome
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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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📊 Data AccuracyVerified sources
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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 29, 2026
Last Updated: September 29, 2026

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