Enterprise Bancorp, Inc. Announces Quarterly Dividend
On July 20, 2021, Enterprise Bancorp, Inc. (NASDAQ:EBTC) announced a quarterly dividend of $0.185 per share. This dividend will be paid on September 1, 2021, to shareholders on record as of August 11, 2021. Enterprise Bancorp operates primarily through Enterprise Bank, focusing on attracting deposits and investing in commercial loans and securities. The company serves areas in Massachusetts and New Hampshire with 26 full-service branches and is planning to open a new branch in Londonderry, NH, in the second quarter of 2022.
- Quarterly dividend of $0.185 per share enhances shareholder income.
- Expansion plans with a new branch in Londonderry, NH, expected to open in Q2 2022.
- None.
LOWELL, Mass., July 20, 2021 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC)
On July 20, 2021, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of
Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank. Enterprise Bank is principally engaged in the business of attracting deposits from the general public and investing in commercial loans and investment securities. Through Enterprise Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, electronic and digital banking options, and commercial insurance services, as well as wealth management and trust services. The Company's headquarters and Enterprise Bank's main office are located at 222 Merrimack Street in Lowell, Massachusetts. The Company's primary market area is the Northern Middlesex, Northern Essex, and Northern Worcester counties of Massachusetts and the Southern Hillsborough and Southern Rockingham counties in New Hampshire. Enterprise Bank has 26 full-service branches located in the Massachusetts communities of Acton, Andover, Billerica (2), Chelmsford (2), Dracut, Fitchburg, Lawrence, Leominster, Lexington, Lowell (2), Methuen, North Andover, Tewksbury (2), Tyngsborough and Westford and in the New Hampshire communities of Derry, Hudson, Nashua (2), Pelham, Salem and Windham. The Company is in the process of establishing a branch office in Londonderry, New Hampshire and anticipates that this location will open in the second quarter of 2022.
Contact Info: Joseph R. Lussier, Executive Vice President, Chief Financial Officer and Treasurer (978) 656-5578
FAQ
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