Dividend compounder review

INDB

Independent Bank · NASDAQ · US

Financial Services · Banks - Regional

Score93.50/100
Confidence100.00/100
DecisionBuyable Now
RatingExceptional Dividend Compounder
Scoring

Quality breakdown

Dividend Reliability 25.0 / 25 Payment history, cuts, growth, and regularity.
Dividend Sustainability 20.0 / 20 Payout, free cash flow, dividend cover, and debt.
Business Quality 21.5 / 25 Scale, cash generation, growth, margins, and returns.
Valuation Discipline 15.0 / 15 Yield, P/E, and price stretch versus long-term trend.
Long-Term Trend 12.0 / 15 Trend line, long return history, and drawdown control.
Metrics

Dividend and business context

Dividend Years37
Dividend Yield0.77%
Payout Ratio47.9%
Dividend Cut 5YNo
Net Income$205.1M
Free Cash Flow$239.0M
FCF Covers DividendYes
Debt / Equity0.23
P/E16.6
Revenue Growth 5Y18.1%
Net Margin27.5%
ROE7.3%
Price vs Trend8.2%
3Y Return106.0%
5Y Return25.6%
CurrencyUSD
Warnings

Review flags

Dividend yield normalized from payment history because provider yield looked inconsistent.
Dividend diary

Activity record

INDB dividend review warning Warning · Warning

Dividend yield normalized from payment history because provider yield looked inconsistent.

INDB qualified as a dividend compounder candidate Qualified · Positive

Score 93.5/100, decision Buyable Now.

Dividend increased 8.5% Dividend Increase · Positive

Payment changed from 0.59 to 0.64.

INDB dividend payment 0.64 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.59 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.59 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.59 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.59 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.57 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.57 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.57 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.57 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.55 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.55 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

INDB dividend payment 0.55 USD Dividend Payment · Info

Recorded dividend payment for Independent Bank.

Dividend increased 7.8% Dividend Increase · Positive

Payment changed from 0.51 to 0.55.

Dividend increased 6.2% Dividend Increase · Positive

Payment changed from 0.48 to 0.51.

Dividend increased 15.8% Dividend Increase · Positive

Payment changed from 0.38 to 0.44.

Dividend increased 18.8% Dividend Increase · Positive

Payment changed from 0.32 to 0.38.

Dividend increased 10.3% Dividend Increase · Positive

Payment changed from 0.29 to 0.32.