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Independent Bank Corp. (MA) To Trade Ex-Dividend Tomorrow $INDB

In order to collect the Independent Bank Corp. (MA) dividend, shares must be owned before and through December 21, 2011.

   Independent Bank Corp. (MA) (INDB)
   Yield: 2.81%
   Dividend Amount: $0.19

Independent Bank Corp. is a bank holding company for Rockland Trust Company. They are a community-oriented commercial bank. The community banking business consists of commercial banking, retail banking and trust services and is managed as a single strategic unit. The community banking business derives its revenues from a wide range of banking services, including lending activities, acceptance of demand, savings and time deposits, trust and investment management, and mortgage servicing income from investors.
The current trailing twelve months (ttm) P/E ratio is 12.6. The forward P/E ratio is 12.5. Independent Bank Corp. (MA) trades with a market Beta of 1.00.
The current book value per share is 21.48. From a month ago, the stock has increased in price 8.93%, with a one year change of -0.91%.
The stock is performing well when compared to the general stock market up to this point. When reviewed with the S&P 500, the year up to date positive change is 3.23%.

Remember, you must buy a stock at least three business days before the record date (at least one business day before the ex-dividend date) to qualify for a dividend.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. Nothing in the article should be considered investment advise, but you may want to use this article as a starting point of your own research with your financial planner.

Robert Weinstein Google+


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Stock Tickers: INDB Author Disclosure: NA
Independent Bank Corp. (MA)