Enterprise Bancorp (EBTC) Raises Quarterly Dividend 9.4% to $0.175; 2.2% Yield

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Enterprise Bancorp, Inc. Announces Quarterly Dividend

January 21, 2020 4:05 PM EST

LOWELL, Mass., Jan. 21, 2020 (GLOBE NEWSWIRE) -- Enterprise Bancorp, Inc. (the "Company") (NASDAQ: EBTC)

On January 21, 2020, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.175 per share to be paid on March 2, 2020 to shareholders of record as of February 10, 2020.  The dividend rate for the first quarter of 2020 represents a 9.4% increase over the dividend rate for the same period in 2019.

Enterprise Bancorp, Inc. is a Massachusetts... More