Enterprise Bancorp, Inc. Announces Quarterly Dividend
Enterprise Bancorp, Inc. (NASDAQ:EBTC) announced a quarterly dividend of $0.205 per share, reflecting a 10.8% increase from the previous year's rate. This dividend will be paid on December 1, 2022, to shareholders recorded by November 10, 2022. The company operates primarily through Enterprise Bank, providing a variety of financial products including loans, deposits, and wealth management services across Massachusetts and New Hampshire.
- Quarterly dividend increased by 10.8%.
- Strong operational presence with 27 branches.
- Diverse range of financial products offered.
- None.
LOWELL, Mass., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ:EBTC)
On October 18, 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
FAQ
What is the dividend amount declared by Enterprise Bancorp?
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