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Rockland Trust Parent To Pay $0.21 Q1 Dividend

Mar 16, 2012 | Reprints | Unlock Link | Print

Independent Bank Corp., parent of Rockland Trust Co., said it will pay a dividend of $0.21 per share in April, an 11 percent increase over the prior quarter’s payout.

The dividend will be payable April 5 to stockholders of record as of March 26.

Christopher Oddleifson, president and CEO of Independent Bank Corp., said the increase "is another testament to the strength and stability" of the company.

Rockland Trust is a wholly owned subsidiary of Independent Bank Corp. and holds about $5 billion in assets.

Banking & Lending