Camden National (CAC) announces $0.42 quarterly dividend

By Tamara Parker • Wednesday, September 25 08:05 • Permanent Link

Camden National Corporation (NASDAQ: CAC) has announced a quarterly dividend of $0.42 per share, resulting in an annualized dividend yield of 4.27% based on the September 23, 2024 closing price of the company's common stock at $39.39 per share. This represents a consistent dividend payout compared to the previous quarter.

The company, with $5.7 billion in assets, operates 57 branches in Maine and New Hampshire, and provides a full range of community banking services supported by digital banking capabilities.

Camden National Corporation continues to deliver comprehensive wealth management, investment, and financial planning services through its wealth management division.

For shareholders, the dividend is payable on October 31, 2024, to shareholders of record on October 15, 2024. The market has reacted to these announcements by moving the company's shares 0.6% to a price of $39.62. For more information, read the company's full 8-K submission here.

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