Cambridge Bancorp Increases Quarterly Dividend

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Cambridge Bancorp (OTC QB: CATC) announced that its Board of Directors has approved an increase in its quarterly dividend from $0.45 per share to $0.46 per share. The dividend is payable March 30, 2016 to shareholders of record as of March 10, 2016.

About Cambridge Bancorp

Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are based in Cambridge, Massachusetts, in the heart of Harvard Square. Cambridge Trust Company is a 126-year-old Massachusetts chartered commercial bank with $1.7 billion in total assets and 12 Massachusetts locations in Cambridge, Boston, Belmont, Concord, Lexington, Lincoln, and Weston, as well as an Innovation Banking Group office located in the Cambridge Innovation Center. Cambridge Trust Company is one of New England’s leaders in wealth management with $2.3 billion in client assets under management. The Wealth Management group maintains offices in Boston, Massachusetts, and Concord, Manchester, and Portsmouth, New Hampshire.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160223006465/en/

Cambridge Bancorp
Albert R. Rietheimer, 617-441-1516
Chief Financial Officer & Treasurer

Source: Cambridge Bancorp

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