Camden National Co. (CAC) to Issue Quarterly Dividend of $0.25 on January 31st
Camden National Co. (NASDAQ:CAC) announced a quarterly dividend on Wednesday, December 20th, Wall Street Journal reports. Stockholders of record on Monday, January 15th will be given a dividend of 0.25 per share by the financial services provider on Wednesday, January 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.33%. The ex-dividend date is Thursday, January 11th. This is an increase from Camden National’s previous quarterly dividend of $0.23.
Shares of Camden National (NASDAQ:CAC) opened at $42.96 on Friday. The stock has a market cap of $651.98, a price-to-earnings ratio of 15.45 and a beta of 0.79. Camden National has a 1 year low of $37.10 and a 1 year high of $47.41. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.79 and a current ratio of 0.79.
CAC has been the subject of several recent analyst reports. BidaskClub cut shares of Camden National from a “sell” rating to a “strong sell” rating in a research report on Friday, September 8th. Keefe, Bruyette & Woods cut shares of Camden National from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 1st.
About Camden National
Camden National Corporation is a bank holding company. The Company is a diversified financial services provider. The primary business of the Company and its subsidiary, Camden National Bank (the Bank), is to attract deposits from, and to extend loans to, consumer, institutional, municipal, non-profit and commercial customers.
Receive News & Stock Ratings for Camden National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden National and related stocks with our FREE daily email newsletter.