Enterprise Bancorp, Inc. Announces Quarterly Dividend
Enterprise Bancorp, Inc. (NASDAQ:EBTC) announced a quarterly dividend of $0.185 per share, set for payment on December 1, 2021. Shareholders of record by November 10, 2021 will be eligible for this dividend. The company, which operates primarily through Enterprise Bank and Trust Company, focuses on attracting deposits and investing in commercial loans and securities, offering various financial services across Massachusetts and New Hampshire. Enterprise Bank currently has 26 branches and plans to open a new branch in Londonderry, NH in early 2022.
- Declared quarterly dividend of $0.185 per share, enhancing shareholder income.
- Expansion plan with a new branch opening in Londonderry, NH in Q2 2022.
- None.
LOWELL, Mass., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC)
On October 19, 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
