Enterprise Bancorp (EBTC) Raises Quarterly Dividend 7.4% to $0.145; 1.7% Yield

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Enterprise Bancorp, Inc. Announces Quarterly Dividend Increase of 7.4%

January 16, 2018 4:52 PM EST

LOWELL, Mass., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the Company) (NASDAQ: EBTC)

On January 16, 2018, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.145 per share to be paid on March 1, 2018 to shareholders of record as of February 8, 2018.  The 2018 dividend rate represents a 7.4% increase over the 2017 dividend rate.

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