Enterprise Bancorp, Inc. (NASDAQ:EBTC – Get Free Report) announced a quarterly dividend on Tuesday, July 16th, Zacks reports. Stockholders of record on Tuesday, August 13th will be given a dividend of 0.24 per share by the savings and loans company on Tuesday, September 3rd. This represents a $0.96 annualized dividend and a dividend yield of 3.54%. The ex-dividend date is Tuesday, August 13th.
Enterprise Bancorp has increased its dividend by an average of 9.5% per year over the last three years and has raised its dividend every year for the last 6 years.
Enterprise Bancorp Price Performance
NASDAQ EBTC opened at $27.14 on Monday. The company has a market cap of $335.86 million, a PE ratio of 9.33 and a beta of 0.54. Enterprise Bancorp has a 52-week low of $22.60 and a 52-week high of $34.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.91 and a current ratio of 0.91. The firm’s 50 day moving average price is $25.44 and its 200-day moving average price is $25.73.
About Enterprise Bancorp
Enterprise Bancorp, Inc operates as the holding company for Enterprise Bank and Trust Company that engages in the provision of commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit.
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