{
  "app": "dividend_compounders",
  "ticker": {
    "uuid": "a0be364a-9028-4808-ac60-98923b1849d0",
    "symbol": "INDB",
    "name": "Independent Bank",
    "exchange": "NASDAQ",
    "country_code": "US",
    "country_name": "United States",
    "sector": "Financial Services",
    "industry": "Banks - Regional",
    "chart_url": "https://sharemaestro.com/terminal/a0be364a-9028-4808-ac60-98923b1849d0/"
  },
  "snapshot": {
    "ticker": {
      "uuid": "a0be364a-9028-4808-ac60-98923b1849d0",
      "symbol": "INDB",
      "name": "Independent Bank",
      "exchange": "NASDAQ",
      "country_code": "US",
      "country_name": "United States",
      "sector": "Financial Services",
      "industry": "Banks - Regional",
      "chart_url": "https://sharemaestro.com/terminal/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    "as_of_date": "2026-06-12",
    "provider_symbol": "INDB",
    "market_cap_usd": 3839236824.71,
    "price": 83.269997,
    "currency": "USD",
    "dividend_yield": 0.00768584,
    "dividend_years": 37,
    "dividend_growth_5y": 0.05103901,
    "dividend_cut_5y": false,
    "payout_ratio": 0.4791,
    "net_income": 205122000.0,
    "free_cash_flow": 239025000.0,
    "fcf_covers_dividend": true,
    "debt_to_equity": 0.23160684,
    "revenue_growth_5y": 0.18128237,
    "net_margin": 0.27461,
    "roe": 0.07319,
    "pe_ratio": 16.55467,
    "price_vs_ma": 0.08220953,
    "return_3y": 1.05951039,
    "return_5y": 0.25641988,
    "max_drawdown": -0.51574718,
    "scores": {
      "dividend_reliability": 25.0,
      "dividend_sustainability": 20.0,
      "business_quality": 21.5,
      "valuation": 15.0,
      "trend": 12.0,
      "total": 93.5,
      "confidence": 100.0
    },
    "rating": "exceptional",
    "rating_label": "Exceptional Dividend Compounder",
    "decision": "buyable_now",
    "decision_label": "Buyable Now",
    "warnings": [
      "Dividend yield normalized from payment history because provider yield looked inconsistent."
    ],
    "urls": {
      "page": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/",
      "chart": "https://sharemaestro.com/terminal/a0be364a-9028-4808-ac60-98923b1849d0/"
    }
  },
  "score_breakdown": {
    "dividend_reliability": 25.0,
    "dividend_sustainability": 20.0,
    "business_quality": 21.5,
    "valuation": 15.0,
    "trend": 12.0,
    "total": 93.5,
    "confidence": 100.0
  },
  "warnings": [
    "Dividend yield normalized from payment history because provider yield looked inconsistent."
  ],
  "diary": [
    {
      "event_date": "2026-06-12",
      "event_type": "warning",
      "severity": "warning",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend review warning",
      "detail": "Dividend yield normalized from payment history because provider yield looked inconsistent.",
      "amount": null,
      "currency": "",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2026-06-12",
      "event_type": "qualified",
      "severity": "positive",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB qualified as a dividend compounder candidate",
      "detail": "Score 93.5/100, decision Buyable Now.",
      "amount": null,
      "currency": "",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2026-03-30",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "Dividend increased 8.5%",
      "detail": "Payment changed from 0.59 to 0.64.",
      "amount": 0.64,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2026-03-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.64 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.64,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2025-12-29",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.59 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.59,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2025-09-29",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.59 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.59,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2025-06-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.59 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.59,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2025-03-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.59 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.59,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2024-12-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.57 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.57,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2024-09-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.57 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.57,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2024-07-01",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.57 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.57,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2024-03-28",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.57 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.57,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2023-12-22",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.55 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.55,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2023-09-29",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.55 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.55,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2023-06-23",
      "event_type": "payment",
      "severity": "info",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "INDB dividend payment 0.55 USD",
      "detail": "Recorded dividend payment for Independent Bank.",
      "amount": 0.55,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2022-12-23",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "Dividend increased 7.8%",
      "detail": "Payment changed from 0.51 to 0.55.",
      "amount": 0.55,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2022-03-25",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "Dividend increased 6.2%",
      "detail": "Payment changed from 0.48 to 0.51.",
      "amount": 0.51,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2019-03-22",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "Dividend increased 15.8%",
      "detail": "Payment changed from 0.38 to 0.44.",
      "amount": 0.44,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2018-03-23",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "Dividend increased 18.8%",
      "detail": "Payment changed from 0.32 to 0.38.",
      "amount": 0.38,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    },
    {
      "event_date": "2017-03-23",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "INDB",
      "exchange": "NASDAQ",
      "headline": "Dividend increased 10.3%",
      "detail": "Payment changed from 0.29 to 0.32.",
      "amount": 0.32,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/a0be364a-9028-4808-ac60-98923b1849d0/"
    }
  ]
}