Enterprise Bancorp Inc (NASDAQ:EBTC) declared a quarterly dividend on Tuesday, October 17th, RTT News reports. Investors of record on Friday, November 10th will be given a dividend of 0.135 per share by the savings and loans company on Friday, December 1st. This represents a $0.54 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, November 9th.

Enterprise Bancorp (NASDAQ EBTC) opened at $34.42 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.19. Enterprise Bancorp has a fifty-two week low of $25.68 and a fifty-two week high of $39.25. The company has a market cap of $416.41, a price-to-earnings ratio of 19.30 and a beta of 0.96.

Enterprise Bancorp (NASDAQ:EBTC) last announced its quarterly earnings results on Thursday, October 19th. The savings and loans company reported $0.47 EPS for the quarter. Enterprise Bancorp had a net margin of 18.64% and a return on equity of 9.80%. The firm had revenue of $28.58 million during the quarter.

In other news, EVP Stephen J. Irish sold 1,188 shares of the firm’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $36.00, for a total transaction of $42,768.00. Following the sale, the executive vice president now owns 9,912 shares in the company, valued at approximately $356,832. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ken S. Ansin sold 2,300 shares of the firm’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $33.40, for a total transaction of $76,820.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,675 shares of company stock worth $126,414. Corporate insiders own 19.68% of the company’s stock.

Separately, BidaskClub cut shares of Enterprise Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th.

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Enterprise Bancorp Company Profile

Enterprise Bancorp, Inc operates as the holding company of Enterprise Bank and Trust Company (the Bank). The Company is engaged in the business of gathering deposits from the general public and investing primarily in loans and investment securities and utilizing the resulting cash flows to conduct operations, expand the branch network, and pay dividends to stockholders.

Dividend History for Enterprise Bancorp (NASDAQ:EBTC)

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