Enterprise Bancorp, Inc. Announces Quarterly Dividend
October 17 2017 - 4:48PM
Enterprise Bancorp, Inc. (the “Company”) (NASDAQ:EBTC)
On October 17, 2017, the Board of Directors of Enterprise
Bancorp, Inc. declared a quarterly dividend of $0.135 per share to
be paid on December 1, 2017 to shareholders of record as of
November 10, 2017. The 2017 dividend rate represents a
3.8% increase over the 2016 dividend rate.
Enterprise Bancorp, Inc. is a Massachusetts corporation that
conducts substantially all of its operations through Enterprise
Bank and Trust Company, commonly referred to as Enterprise
Bank. The Company 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, as well as investment
advisory and wealth management, trust, and insurance
services. The Company's headquarters and the bank's main
office are located at 222 Merrimack Street in Lowell,
Massachusetts. The Company's primary market area is the
Greater Merrimack Valley and North Central regions of Massachusetts
and Southern New Hampshire. Enterprise Bank has 24
full-service branches located in the Massachusetts communities of
Lowell, Acton, Andover, Billerica, Chelmsford, Dracut, Fitchburg,
Lawrence, Leominster, Methuen, Tewksbury, Tyngsborough and Westford
and in the New Hampshire communities of Derry, Hudson, Nashua,
Pelham, Salem and Windham.
Contact Info: James A. Marcotte, Executive Vice President, Chief
Financial Officer and Treasurer (978) 656-5614
Enterprise Bancorp (NASDAQ:EBTC)
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