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CAC Camden National dividend history, payout ratio & dates

Camden National's most recent quarterly dividend was on Apr 12, 2024 (ex-date) with a cash dividend payment of $0.42 per share. At an annualized rate of $1.68 per share, the stock yields 5.47%.

Key dates

  • CAC last dividend date: Apr 12, 2024
  • CAC next dividend date: Not announced
CAC dividend stats
DPS
$1.68
Dividend yield
5.47%
Payout ratio
56.4%
vs. Financial Services sector
Dividend yield
3.41%
Payout ratio
39.6%

Dividend yield

What is Camden National current dividend yield

Camden National's dividend yield of 5.47% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3.41%, Camden National's dividend yield is 60% higher. The current dividend yield is higher than the historical average of 3.8% of the last 5 years.

Dividend history

What is CAC dividend payout history and dates

Camden National has been paying dividends since 1997. CAC has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 2.4% for the last year. And since the stock price has gone down by 5% from a year ago, the dividend yield has increased by 8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 12, 2024 Apr 30, 2024 Mar 26, 2024 $0.42 normal
Jan 11, 2024 Jan 31, 2024 Dec 19, 2023 $0.42 normal
Oct 12, 2023 Oct 31, 2023 Sep 26, 2023 $0.42 normal
Jul 13, 2023 Jul 31, 2023 Jun 27, 2023 $0.42 normal
Apr 13, 2023 Apr 28, 2023 Mar 27, 2023 $0.42 normal
Jan 12, 2023 Jan 31, 2023 Dec 20, 2022 $0.42 normal
Oct 13, 2022 Oct 31, 2022 Sep 27, 2022 $0.4 normal
Jul 14, 2022 Jul 29, 2022 Jun 28, 2022 $0.4 normal
Apr 13, 2022 Apr 29, 2022 Mar 29, 2022 $0.4 normal
Jan 13, 2022 Jan 31, 2022 Dec 21, 2021 $0.4 normal
Oct 14, 2021 Oct 29, 2021 Sep 28, 2021 $0.36 normal
Jul 14, 2021 Jul 30, 2021 Jun 29, 2021 $0.36 normal
Apr 14, 2021 Apr 30, 2021 Mar 30, 2021 $0.36 normal
Jan 14, 2021 Jan 29, 2021 Dec 22, 2020 $0.33 normal
Oct 14, 2020 Oct 30, 2020 Sep 29, 2020 $0.33 normal
Jul 14, 2020 Jul 31, 2020 Jun 30, 2020 $0.33 normal
Apr 14, 2020 Apr 30, 2020 Mar 31, 2020 $0.33 normal
Jan 14, 2020 Jan 31, 2020 Dec 17, 2019 $0.33 normal
Oct 11, 2019 Oct 31, 2019 Sep 24, 2019 $0.3 normal
Jul 12, 2019 Jul 31, 2019 Jun 25, 2019 $0.3 normal
Apr 12, 2019 Apr 30, 2019 Mar 26, 2019 $0.3 normal
Jan 14, 2019 Jan 31, 2019 Dec 18, 2018 $0.3 normal
Oct 12, 2018 Oct 31, 2018 Sep 25, 2018 $0.3 normal
Jul 12, 2018 Jul 31, 2018 Jun 26, 2018 $0.3 normal
Apr 12, 2018 Apr 30, 2018 Mar 27, 2018 $0.25 normal
Jan 11, 2018 Jan 31, 2018 Dec 19, 2017 $0.25 normal
Oct 12, 2017 Oct 31, 2017 Sep 26, 2017 $0.23 normal
Jul 13, 2017 Jul 31, 2017 Jun 27, 2017 $0.23 normal
Apr 11, 2017 Apr 28, 2017 Mar 28, 2017 $0.23 normal
Jan 12, 2017 Jan 31, 2017 Dec 20, 2016 $0.23 normal
Oct 13, 2016 Oct 31, 2016 Sep 27, 2016 $0.2 normal
Jul 13, 2016 Jul 29, 2016 Jun 28, 2016 $0.2 normal
Apr 13, 2016 Apr 29, 2016 Mar 29, 2016 $0.2 normal

Camden National dividend payout ratio

What is Camden National dividend payout ratio compared to the sector

Payout ratio

Camden National's payout ratio of 56.4% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 39.6%, Camden National's payout ratio is 42% higher.

Total amount of dividends paid per financial year (from cash flow)

CAC dividend vs peer dividends

How does CAC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
WASH Washington Trust Bancorp Inc 8.62% $2.24 79.4%
FNLC First Bancorp Inc 6.25% $1.4 52.2%
CAC Camden National Corp 5.47% $1.68 56.4%
BHB Bar Harbor Bankshares 4.37% $1.12 37.8%
INDB Independent Bank Corp 4.24% $2.22 41%
WBS Webster Financial Corp 3.52% $1.6 32.6%

Frequently asked questions

Does Camden National pay a dividend?

Yes, Camden National has been paying dividends for the last 27 years.

When is Camden National's next dividend?

Currently CAC's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.

When was CAC's last dividend?

Camden National's last dividend ex-date was on Apr 12, 2024. The dividend amount was $0.42 per share.

How much dividend does Camden National pay (per share)?

CAC's annualized dividend per share is $1.68.

What is Camden National's dividend yield?

Camden National's current dividend yield is 5.47%.

How often does Camden National pay dividends?

Camden National pays four dividends per year.

What is Camden National's dividend payout ratio?

The dividend payout ratio of Camden National is 56.4%.

Does Camden National pay a good dividend?

Camden National's dividend yield is higher than the Financial Services sector average.