Camden National (CAC) Raises Quarterly Dividend 15% to $0.23; 2.1% Yield

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Go back to Camden National (CAC) Raises Quarterly Dividend 15% to $0.23; 2.1% Yield

Camden National Corporation's Board Announces a 15% Increase in its Quarterly Dividend

December 20, 2016 4:18 PM EST

CAMDEN, Maine, Dec. 20, 2016 /PRNewswire/ -- Gregory A. Dufour, president and chief executive officer of Camden National Corporation (NASDAQ®: CAC; the "Company") announced today that the board of directors of the Company increased the quarterly dividend by $0.03 to $0.23 per share.

"The ability to increase dividends 15% is the result of the financial benefits of our acquisition of SBM Financial, Inc. and demonstrates our... More