financial services

Local companies report increased dividends

Posted 3/27/12

ROCKLAND, Mass. - The Independent Bank Corp. board of directors, has announced a $0.21 per share dividend which will be payable on April 5, to stockholders of record as of the close of business on March 26. Independent Bank Corp. is the parent of the Rockland Trust Company. The dividend represents growth of 11 percent, or 2 cents more than the prior quarter’s dividend of 19 cents.

“A double-digit percentage increase in our dividend is another testament to the strength and stability of Independent Bank Corp.,” said Christopher Oddleifson, president and chief executive officer of Independent Bank Corp. and Rockland Trust Company. “Our ability to generate capital growth through core earnings allows us to continue returning value to shareholders.”

Independent Bank Corp., the parent of Rockland Trust Co., currently has approximately $5 billion in assets

In Westerly, the board of directors of Washington Trust Bancorp Inc., declared a quarterly dividend of 23 cents per share for the quarter ending March 31. The dividend will be paid on April 13, 2012 to shareholders of record on March 30. The dividend is a one-cent increase over the amount paid in each of the previous four quarters.

Washington Trust Chairman, President and CEO Joseph J. MarcAurele, was please with the bank’s performance. “We are committed to increasing shareholder value by expanding our banking network and offering the best financial services in southeastern New England,” he said.

PBN Hosted

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot early!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Purchase Data
Book of Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  • Purchase an e-File of the entire Book of Lists database
  • Purchase a printed copy of the Book of Lists
    Latest News