Camden National (CAC) Raises Quarterly Dividend 8.7% to $0.25, 2.3% Yield; Provides Outlook on Tax-Bill Impact

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. DASH
9. GILD
10. SBUX

Go back to Camden National (CAC) Raises Quarterly Dividend 8.7% to $0.25, 2.3% Yield; Provides Outlook on Tax-Bill Impact

Camden National Corporation Announces a 9% Increase in its Fourth Quarter 2017 Dividend; Provides Initial Estimate of Tax Bill Impact

December 19, 2017 4:15 PM EST

CAMDEN, Maine, Dec. 19, 2017 /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 its fourth quarter 2017 dividend by $0.02 per share, or 9%, to $0.25 per share. The dividend is payable on January 31, 2018 to shareholders of record on January 15, 2018.

"Our strong financial performance has resulted in a solid capital base which allows for a 9% increase in our quarterly dividend rate and provides flexibility in the future," said Dufour. "We believe that our capital is also sufficient to... More