EBTC Enterprise Bancorp dividend history, payout ratio & dates
Enterprise Bancorp's most recent dividend of $0.24 per share was on Aug 13, 2024 (ex-date). At an annualized rate of $0.95 per share, the stock yields 2.95%.
Key dates
- EBTC last dividend date: Aug 13, 2024
EBTC dividend stats
vs. Financial Services sector
Dividend yield
EBTC has a dividend yield of 2.95% which is higher than the Financial Services sector average but lower than the industry and its peers average. But if we consider the Financial Services sector average of 2.82%, Enterprise Bancorp's dividend yield is only 4.6% higher. The current dividend yield is more than the historical average of 2.7% of the last 5 years.
Dividend history
Enterprise Bancorp has a history of paying dividends since 2005. Our records of EBTC show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. However since the stock price has gone up by 23% from a year ago, the dividend yield has decreased by 14%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 13, 2024 | $0.24 | 3.53% |
| May 10, 2024 | $0.24 | 3.71% |
| Feb 8, 2024 | $0.24 | 3.38% |
| Nov 9, 2023 | $0.23 | 3.53% |
| Aug 10, 2023 | $0.23 | 2.91% |
| May 10, 2023 | $0.23 | 3.19% |
| Feb 7, 2023 | $0.23 | 2.35% |
| Nov 9, 2022 | $0.205 | 2.62% |
| Aug 10, 2022 | $0.205 | 2.44% |
| May 10, 2022 | $0.205 | 2.32% |
| Feb 7, 2022 | $0.205 | 1.92% |
| Nov 9, 2021 | $0.185 | 1.83% |
| Aug 10, 2021 | $0.185 | 2.06% |
| May 10, 2021 | $0.185 | 2.04% |
| Feb 5, 2021 | $0.185 | 2.62% |
| Nov 9, 2020 | $0.175 | 2.89% |
| Aug 10, 2020 | $0.175 | 3.06% |
| May 8, 2020 | $0.175 | 2.98% |
| Feb 7, 2020 | $0.175 | 2.14% |
| Nov 7, 2019 | $0.16 | 2.05% |
| Aug 12, 2019 | $0.16 | 2.24% |
| May 10, 2019 | $0.16 | 1.99% |
| Feb 8, 2019 | $0.16 | 1.93% |
| Nov 8, 2018 | $0.145 | 1.85% |
| Aug 10, 2018 | $0.145 | 1.56% |
| May 10, 2018 | $0.145 | 1.53% |
| Feb 7, 2018 | $0.145 | 1.71% |
| Nov 9, 2017 | $0.135 | 1.59% |
| Aug 9, 2017 | $0.135 | 1.67% |
| May 9, 2017 | $0.135 | 1.65% |
| Feb 6, 2017 | $0.135 | 1.6% |
| Nov 8, 2016 | $0.13 | 1.92% |
| Aug 9, 2016 | $0.13 | 2.15% |
| May 9, 2016 | $0.13 | 2.17% |
| Feb 5, 2016 | $0.13 | 2.36% |
| Nov 6, 2015 | $0.125 | 2.02% |
| Aug 7, 2015 | $0.125 | 2.34% |
| May 7, 2015 | $0.125 | 2.36% |
| Feb 5, 2015 | $0.125 | 2.18% |
Enterprise Bancorp dividend payout ratio
Payout ratio
EBTC has a payout ratio of 32.9% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.4%, Enterprise Bancorp's payout ratio is 24% lower.
Total amount of dividends paid per financial year (from cash flow)
EBTC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.31% | $2.24 | 83.6% |
| BRKL Brookline Bancorp Inc | 5.15% | $0.54 | 62.8% |
| UNB Union Bankshares Inc | 5.05% | $1.44 | 64.9% |
| CAC Camden National Corp | 4.08% | $1.68 | 56.2% |
| INDB Independent Bank Corp | 3.6% | $2.26 | 45.5% |
| WBS Webster Financial Corp | 3.11% | $1.6 | 34.7% |
| EBTC Enterprise Bancorp Inc | 2.93% | $0.95 | 32.9% |
Frequently asked questions
Does Enterprise Bancorp pay a dividend?
Yes, Enterprise Bancorp has paid four dividends in the last twelve months. EBTC has been paying dividends since 2005.
When was EBTC's last dividend?
Enterprise Bancorp's last dividend ex-date was on Aug 13, 2024. The dividend amount was $0.24 per share.
How much dividend does Enterprise Bancorp pay (per share)?
EBTC has paid dividend of $0.95 per share in the last year.
What is Enterprise Bancorp's dividend yield?
The current dividend yield of Enterprise Bancorp is 2.95%.
How often does Enterprise Bancorp pay dividends?
Enterprise Bancorp pays four dividends per year.
What is Enterprise Bancorp's dividend payout ratio?
Enterprise Bancorp's dividend payout ratio is 32.9%.
Does Enterprise Bancorp pay a good dividend?
Enterprise Bancorp's dividend yield is in line with the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.