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Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company that provides 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. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans, as well as home equity loans and lines of credit. In addition, the company offers cash management services; wealth advisory and management services that include customized investment management and trust services to individuals, family groups, commercial businesses, trusts, foundations, non-profit organizations, and endowments; brokerage and management services to individual investors; insurance services; and voice, online, and mobile banking services. As of January 27, 2022, it had 26 full-service branches located in the Massachusetts communities of Acton, Andover, Billerica, Chelmsford, Dracut, Fitchburg, Lawrence, Leominster, Lexington, Lowell, Methuen, North Andover, Tewksbury, Tyngsborough, and Westford; and in the New Hampshire communities of Derry, Hudson, Nashua, Pelham, Salem, and Windham. The company was founded in 1989 and is headquartered in Lowell, Massachusetts.

Enterprise Bancorp Dividend Announcement

Enterprise Bancorp announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-09-03. Ex dividend date: 2024-08-13
Enterprise Bancorp annual dividend for 2024 was $0.72
Enterprise Bancorp annual dividend for 2023 was $0.92
Enterprise Bancorp's trailing twelve-month (TTM) dividend yield is 3.81%
Enterprise Bancorp's payout ratio for the trailing twelve months (TTM) is 28.03%
Enterprise Bancorp's dividend growth over the last five years (2018-2023) was 9.67% year
Enterprise Bancorp's dividend growth over the last ten years (2013-2023) was 7.18% year

Enterprise Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-13$0.24quarterly2024-09-03
2024-05-10$0.24quarterly
2024-02-08$0.24quarterly2024-03-01
2023-11-09$0.23quarterly2023-12-01
2023-08-10$0.23quarterly2023-09-01
2023-05-10$0.23quarterly2023-06-01
2023-02-07$0.23quarterly2023-03-01
2022-11-09$0.20quarterly2022-12-01
2022-08-10$0.20quarterly2022-09-01
2022-05-10$0.20quarterly2022-06-01
2022-02-07$0.20quarterly2022-03-01
2021-11-09$0.18quarterly2021-12-01
2021-08-10$0.18quarterly2021-09-01
2021-05-10$0.18quarterly2021-06-01
2021-02-05$0.18quarterly2021-03-01
2020-11-09$0.17quarterly2020-12-01
2020-08-10$0.17quarterly2020-09-01
2020-05-08$0.17quarterly2020-06-01
2020-02-07$0.17quarterly2020-03-02
2019-11-07$0.16quarterly2019-12-02
2019-08-12$0.16quarterly2019-09-03
2019-05-10$0.16quarterly2019-06-03
2019-02-08$0.16quarterly2019-03-04
2018-11-08$0.14quarterly2018-12-03
2018-08-10$0.14quarterly2018-09-04
2018-05-10$0.14quarterly2018-06-01
2018-02-07$0.14quarterly2018-03-01
2017-11-09$0.14quarterly2017-12-01
2017-08-09$0.14quarterly2017-09-01
2017-05-09$0.14quarterly2017-06-01
2017-02-06$0.14quarterly2017-03-01
2016-11-08$0.13quarterly2016-12-01
2016-08-09$0.13quarterly2016-09-01
2016-05-09$0.13quarterly2016-06-01
2016-02-05$0.13quarterly2016-03-01
2015-11-06$0.12quarterly2015-12-01
2015-08-07$0.12quarterly2015-09-01
2015-05-07$0.12quarterly2015-06-01
2015-02-05$0.12quarterly2015-03-02
2014-11-06$0.12quarterly2014-12-01
2014-08-08$0.12quarterly2014-09-02
2014-05-08$0.12quarterly2014-06-02
2014-02-06$0.12quarterly2014-03-03
2013-11-06$0.12quarterly2013-12-02
2013-08-09$0.12quarterly2013-09-03
2013-05-09$0.12quarterly2013-06-03
2013-02-06$0.12quarterly2013-03-01

Enterprise Bancorp Dividend per year

Enterprise Bancorp Dividend growth

Enterprise Bancorp Dividend Yield

Enterprise Bancorp current trailing twelve-month (TTM) dividend yield is 3.81%. Interested in purchasing Enterprise Bancorp stock? Use our calculator to estimate your expected dividend yield:

Enterprise Bancorp Financial Ratios

P/E ratio10.88
PEG ratio0.80
P/B ratio1.14
ROE10.94%
Payout ratio28.03%
Current ratio0.09
Quick ratio0.08
Cash Ratio0.08

Enterprise Bancorp Dividend FAQ

How much is the next Enterprise Bancorp dividend?
Enterprise Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Enterprise Bancorp dividend. The next Enterprise Bancorp dividend will be released in February, May, August, or November.
When is Enterprise Bancorp dividend paid?
Enterprise Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Enterprise Bancorp pay?
The specific amount of Enterprise Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Enterprise Bancorp's dividend history.
Does Enterprise Bancorp stock pay dividends?
Yes, Enterprise Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Enterprise Bancorp's dividend history.
How much dividend does Enterprise Bancorp pay?
Enterprise Bancorp paid $0.72 in 2024, $0.92 in 2023, $0.82 in 2022, $0.74 in 2021, and $0.7 in 2020.
How often does Enterprise Bancorp pay dividends?
Enterprise Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Enterprise Bancorp's dividend yield?
The current dividend yield for Enterprise Bancorp is 3.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Enterprise Bancorp's exact dividend yield.
When does Enterprise Bancorp go ex dividend?
Enterprise Bancorp's ex-dividend date for the latest dividend was on 2024-08-13. Enterprise Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Enterprise Bancorp dividend paid?
Enterprise Bancorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Enterprise Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Enterprise Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Enterprise Bancorp dividend per share?
Enterprise Bancorp paid $0.72 per share in 2024 and $0.92 per share in 2023. The amount of dividend per share that Enterprise Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Enterprise Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Enterprise Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Enterprise Bancorp a dividend stock?
Yes, Enterprise Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Enterprise Bancorp a good dividend stock?
Whether Enterprise Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Enterprise Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Enterprise Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Enterprise Bancorp pay dividends monthly?
Enterprise Bancorp typically pays dividends on a quarterly basis.
Does Enterprise Bancorp pay dividends quarterly?
Enterprise Bancorp currently pays dividends on a quarterly basis.
Has Enterprise Bancorp ever paid a dividend?
Yes, Enterprise Bancorp has a history of paying dividends to its shareholders. Enterprise Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Enterprise Bancorp dividend stocks?
To buy Enterprise Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Enterprise Bancorp stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Enterprise Bancorp pay dividends 2024?
Enterprise Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-03. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Enterprise Bancorp increase its dividend in 2024?
Decisions regarding Enterprise Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Enterprise Bancorp dividend overview you can look into the above table of dividend history.
How Enterprise Bancorp dividend works?
The Enterprise Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Enterprise Bancorp's dividend process works:

1. Determination of Dividend: Enterprise Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Enterprise Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Enterprise Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Enterprise Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Enterprise Bancorp dividends paid?
Enterprise Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Enterprise Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Enterprise Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Enterprise Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Enterprise Bancorp pay dividends?
Enterprise Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Enterprise Bancorp pay dividends?
The general pattern is that Enterprise Bancorp pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Enterprise Bancorp dividend safe?
The safety of Enterprise Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Enterprise Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Enterprise Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.