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 Video: What is a Stock Split?
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| Independent Bank is a bank holding company. Through its subsidiary, Rockland Trust Company (the Bank), Co. is engaged in the community banking business, providing a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. The Bank's market area is generally comprised of Eastern Massachusetts, including Greater Boston, the South Shore, Cape Cod and the Islands, South Coast as well as Worcester County and Rhode Island. Borrowings consist of short-term and long-term obligations and may consist of Federal Home Loan Bank advances, federal funds purchased, and junior subordinated debentures. According to our Independent Bank stock split history records, Independent Bank has had 0 splits. | |
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Independent Bank (INDB) has 0 splits in our Independent Bank stock split history database.
Looking at the Independent Bank stock split history from start to finish, an original position size of 1000 shares would have turned into 1000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Independent Bank shares, starting with a $10,000 purchase of INDB, presented on a split-history-adjusted basis factoring in the complete Independent Bank stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
04/24/2024 |
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| Start price/share: |
$37.44 |
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| End price/share: |
$52.92 |
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| Starting shares: |
267.09 |
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| Ending shares: |
346.27 |
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| Dividends reinvested/share: |
$16.41 |
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| Total return: |
83.24% |
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| Average Annual Total Return: |
6.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,332.31 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
04/24/2024 |
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| Start price/share: |
$37.44 |
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| End price/share: |
$52.92 |
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| Dividends collected/share: |
$16.41 |
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| Total return: |
85.18% |
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| Average Annual Total Return: |
6.36% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,522.94 |
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| Years: |
10.00 |
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