Independent declares quarterly dividend

ROCKLAND, Mass. – The board of directors of Independent Bank Corp. (Nasdaq: INDB) last week declared a quarterly dividend of 18 cents per share for shareholders of record at the close of business on Dec. 28.
The dividend is unchanged from the previous quarter. Shareholders are expected to receive payment on the quarter ending on Jan. 8.
Independent Bank Corp. is the parent of Rockland Trust Co., which operates branches in southeastern Massachusetts.
In the third quarter, Independent Bank posted a profit of $6.84 million, down 22.4 percent the year before. Earnings were 33 cents per diluted share, down from 54 cents from the third quarter of 2008.
Rockland Trust Co., a $2.8 billion community bank serving southeastern Massachusetts and Cape Cod, is the sole bank subsidiary of Independent Bank Corp. (Nasdaq: INDB). Additional information is available at www.RockTrust.com.

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