Exhibit 99.1
| Shareholder Relations | NEWS RELEASE |
288 Union Street,
Rockland, MA 02370
Contacts:
Chris Oddleifson
President and
Chief Executive Officer
(781) 982-6660
Robert Cozzone
Chief Financial Officer and Treasurer
(781) 982-6723
FOR IMMEDIATE RELEASE
INDEPENDENT BANK CORP.
ANNOUNCES 11.5% INCREASE IN QUARTERLY DIVIDEND
Rockland, MA (March 17, 2016) - The Board of Directors of Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, today announced a $0.29 per share dividend which will be payable on April 8, 2016, to stockholders of record as of the close of business on March 28, 2016.
Independent Bank Corp. has approximately $7.2 billion in assets and is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust offers a wide range of banking, investment, and insurance services to businesses and individuals through retail branches, commercial lending offices, investment management offices, and residential lending centers located in Eastern Massachusetts and Rhode Island, as well as through telephone banking, mobile banking, and the Internet. Rockland Trust is an FDIC Member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters ®”, please visit www.rocklandtrust.com.