Enterprise Bancorp, Inc. Announces Quarterly Dividend
On July 19, 2022, Enterprise Bancorp, Inc. (NASDAQ:EBTC) announced a quarterly dividend of $0.205 per share, a 10.8% increase from 2021. The dividend will be paid on September 1, 2022, to shareholders on record as of August 11, 2022. Enterprise Bancorp conducts most operations through Enterprise Bank, offering a range of financial services including loans and cash management. The bank operates 27 branches across Massachusetts and New Hampshire.
- Quarterly dividend increased by 10.8%, enhancing shareholder returns.
- Strong operational presence with 27 full-service branches in Massachusetts and New Hampshire.
- None.
LOWELL, Mass., July 19, 2022 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC)
On July 19, 2022, 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 27 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, Londonderry, Nashua (2), Pelham, Salem and Windham.
Contact Info: Joseph R. Lussier, Executive Vice President, Chief Financial Officer and Treasurer (978) 656-5578
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