Enterprise Bancorp Inc(EBTC) Declares Dividend of $0.1350.

Enterprise Bancorp Inc (EBTC) had declared a cash dividend of $0.1350 on Jan 17, 2017. The shares will quote ex-dividend on Feb 6, 2017 and the record date has been fixed for Feb 8, 2017. Based on Feb 6, 2017 share price, the yield comes out to be 1.61%. The dividend payable date has been fixed on Mar 1, 2017.

Enterprise Bancorp Inc (EBTC) shares turned negative on Tuesdays trading session with the shares closing down -0.22 points or -0.67% at a volume of 4,872. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $32.8292. The peak price level was also seen at $32.8292 while the days lowest was $32.11. Finally the shares closed at $32.53. The 52-week high of the shares is $39.25 while the 52-week low is $19.412689. According to the latest information available, the market cap of the company is $373 M.

Enterprise Bancorp Inc(EBTC) last announced its earnings results on Jan 26, 2017 for Fiscal Year 2016 and Q4.Earnings per share were $0.43.

Several Insider Transactions has been reported to the SEC. On Jan 30, 2017, Carole A Cowan (director) purchased 318 shares at $22.04 per share price.Also, On Jan 30, 2017, James F Iii Conway (director) purchased 2,135 shares at $22.04 per share price.On Jan 30, 2017, John R Clementi (director) purchased 1,541 shares at $22.04 per share price, according to the Form-4 filing with the securities and exchange commission.

Enterprise Bancorp Inc. operates as the parent 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. Through the Bank and its subsidiaries the Company offers a range of commercial and consumer loan products deposit products and cash management services. The Company also offers investment advisory and wealth management trust and insurance services. As of December 31 2014 the Company’s total investments amounted to $245.1 million; total deposits excluding brokered deposits amounted to $1.68 billion and wholesale funding amounted to $144.1 million. It offers lending services to business entities non-profit organizations professionals and individuals.

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