Camden National Announces 5.30% Dividend Yield

Camden National Corporation (NASDAQ: CAC) has announced a quarterly dividend of $0.42 per share, resulting in an annualized dividend yield of 5.30% based on the June 24, 2024, closing price of the company's common stock at $31.72 per share as reported by NASDAQ. This represents a change from the previous dividend, as the press release does not provide specific comparisons to prior periods. The dividend is payable on July 31, 2024, to shareholders of record on July 15, 2024.

Camden National Corporation, with $5.8 billion in assets and 57 banking centers in Maine and New Hampshire, is Northern New England's largest publicly traded bank holding company. Founded in 1875, Camden National Bank offers comprehensive wealth management, investment, and financial planning services.

The press release does not offer specific financial metrics or performance changes from the prior period, focusing primarily on the announcement of the dividend. Today the company's shares have moved -1.3% to a price of $31.31. Check out the company's full 8-K submission here.

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