Enterprise Bancorp, Inc. (EBTC) To Go Ex-Dividend on November 8th

Enterprise Bancorp, Inc. (NASDAQ:EBTC) announced a quarterly dividend on Tuesday, October 15th, Zacks reports. Investors of record on Monday, November 11th will be given a dividend of 0.24 per share by the savings and loans company on Monday, December 2nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date of this dividend is Friday, November 8th.

Enterprise Bancorp has raised its dividend by an average of 9.5% per year over the last three years and has raised its dividend every year for the last 6 years.

Enterprise Bancorp Stock Performance

Shares of EBTC opened at $33.26 on Wednesday. The firm has a market capitalization of $413.09 million, a P/E ratio of 11.47 and a beta of 0.53. Enterprise Bancorp has a 52 week low of $22.60 and a 52 week high of $34.10. The stock has a 50 day moving average price of $31.64 and a two-hundred day moving average price of $27.83. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.92 and a current ratio of 0.92.

Enterprise Bancorp Company Profile

Enterprise Bancorp, Inc operates as the holding company for Enterprise Bank and Trust Company that engages in the provision of commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit.