Cambridge Bancorp Declares Quarterly Dividend of $0.47 (CATC)
Cambridge Bancorp (NASDAQ:CATC) announced a quarterly dividend on Friday, October 20th, Wall Street Journal reports. Stockholders of record on Thursday, November 2nd will be paid a dividend of 0.47 per share on Thursday, November 16th. This represents a $1.88 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Wednesday, November 1st.
Shares of Cambridge Bancorp (NASDAQ:CATC) traded up 0.000% during midday trading on Friday, hitting $70.502. 2 shares of the stock traded hands. Cambridge Bancorp has a 52 week low of $51.00 and a 52 week high of $72.50. The firm has a market capitalization of $287.58 million, a PE ratio of 16.226 and a beta of 0.11. The company’s 50-day moving average is $69.88 and its 200 day moving average is $68.11.
Cambridge Bancorp (NASDAQ:CATC) last issued its quarterly earnings data on Thursday, October 19th. The company reported $1.22 earnings per share for the quarter. The company had revenue of $22.62 million for the quarter.
Cambridge Bancorp Company Profile
Cambridge Bancorp is a bank holding company. The Company’s segment is community banking business, which consists of commercial banking, consumer banking, and trust and investment management services. Cambridge Trust Company (the Bank) is a subsidiary of the Company. The Bank offers a range of commercial and consumer banking services through its network of over 10 banking offices in Massachusetts.
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