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Enterprise Bancorp, Inc. Announces Quarterly Dividend

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Enterprise Bancorp, Inc. (NASDAQ:EBTC) has announced a quarterly dividend of $0.24 per share, payable on September 3, 2024, to shareholders of record as of August 13, 2024. The company operates primarily through Enterprise Bank and Trust Company, offering a range of banking services including commercial loans, deposit products, and wealth management. Enterprise Bank has 27 full-service branches across Northern Massachusetts and Southern New Hampshire counties. The bank's main office is located in Lowell, Massachusetts, serving as the company's headquarters.

Positive
  • Consistent dividend payment indicates financial stability
  • Wide range of banking services offered, including commercial loans and wealth management
  • Strong regional presence with 27 full-service branches
Negative
  • None.

LOWELL, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC)

On July 16, 2024, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.24 per share to be paid on September 3, 2024, to shareholders of record as of August 13, 2024.

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, 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


FAQ

What is the dividend amount declared by Enterprise Bancorp, Inc. (EBTC) for Q3 2024?

Enterprise Bancorp, Inc. (EBTC) declared a quarterly dividend of $0.24 per share for Q3 2024.

When will Enterprise Bancorp, Inc. (EBTC) pay its Q3 2024 dividend?

Enterprise Bancorp, Inc. (EBTC) will pay its Q3 2024 dividend on September 3, 2024.

What is the record date for Enterprise Bancorp, Inc.'s (EBTC) Q3 2024 dividend?

The record date for Enterprise Bancorp, Inc.'s (EBTC) Q3 2024 dividend is August 13, 2024.

How many full-service branches does Enterprise Bank have as of July 2024?

As of July 2024, Enterprise Bank has 27 full-service branches across Massachusetts and New Hampshire.

Enterprise Bancorp Inc.

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