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Camden National Corporation Announces its Fourth Quarter 2024 Dividend

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Camden National (NASDAQ: CAC) has declared a quarterly dividend of $0.42 per share. Based on the company's closing stock price of $45.91 on December 16, 2024, this represents an annualized dividend yield of 3.66%. The dividend will be paid on January 31, 2025, to shareholders of record as of January 15, 2025.

Camden National (NASDAQ: CAC) ha dichiarato un dividendo trimestrale di $0.42 per azione. Basato sul prezzo di chiusura delle azioni dell'azienda, pari a $45.91 il 16 dicembre 2024, questo rappresenta un rendimento da dividendo annualizzato del 3.66%. Il dividendo sar脿 pagato il 31 gennaio 2025 agli azionisti registrati al 15 gennaio 2025.

Camden National (NASDAQ: CAC) ha declarado un dividendo trimestral de $0.42 por acci贸n. Con base en el precio de cierre de la acci贸n de la compa帽铆a de $45.91 el 16 de diciembre de 2024, esto representa un rendimiento de dividendo anualizado del 3.66%. El dividendo se pagar谩 el 31 de enero de 2025 a los accionistas registrados al 15 de enero de 2025.

Camden National (NASDAQ: CAC)欤茧嫻 $0.42鞚 攵勱赴 氚半嫻旮堨潉 靹犾柛頄堨姷雼堧嫟. 2024雲 12鞗 16鞚检棎 須岇偓鞚 膦呹皜鞚 $45.91毳 旮办鞙茧 頃 霑, 鞚吹鐢 鞐瓣皠頇旊悳 氚半嫻 靾橃澋毳 3.66%毳 雮橅儉雰呺媹雼. 氚半嫻旮堨潃 2025雲 1鞗 31鞚检棎 2025雲 1鞗 15鞚 旮办鞚 欤检<鞐愱矊 歆旮夒悹 鞓堨爼鞛呺媹雼.

Camden National (NASDAQ: CAC) a d茅clar茅 un dividende trimestriel de 0,42 $ par action. Sur la base du prix de cl么ture de l'action de la soci茅t茅 de 45,91 $ le 16 d茅cembre 2024, cela repr茅sente un rendement de dividende annualis茅 de 3,66%. Le dividende sera vers茅 le 31 janvier 2025 aux actionnaires inscrits au 15 janvier 2025.

Camden National (NASDAQ: CAC) hat eine viertelj盲hrliche Dividende von 0,42 $ pro Aktie erkl盲rt. Basierend auf dem Schlusskurs der Aktie des Unternehmens von 45,91 $ am 16. Dezember 2024 entspricht dies einer annualisierten Dividendenrendite von 3,66%. Die Dividende wird am 31. Januar 2025 an die Aktion盲re ausgezahlt, die am 15. Januar 2025 im Aktienregister stehen.

Positive
  • Maintained quarterly dividend of $0.42 per share
  • Offers attractive 3.66% annualized dividend yield
Negative
  • None.

Insights

The maintained quarterly dividend of $0.42 per share signals stability in Camden National's capital return policy. With an annualized yield of 3.66%, the dividend remains competitive compared to regional bank peers. The unchanged dividend payout suggests management's confidence in the bank's capital position and ability to generate consistent cash flows, despite the challenging interest rate environment facing the banking sector. The current yield provides a reasonable income stream for investors, particularly considering the bank's market capitalization of $668 million. While not groundbreaking, this dividend announcement reinforces Camden National's commitment to shareholder returns and its stable financial position in the regional banking landscape.

CAMDEN, Maine, Dec. 17, 2024 /PRNewswire/ --聽Simon R. Griffiths, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of directors of the Company declared a quarterly dividend of $0.42 per share. This quarterly payout results in an annualized dividend yield of 3.66% based on the December 16, 2024 closing price of the Company's common stock at $45.91 per share as reported by NASDAQ. The dividend is payable on January 31, 2025 to shareholders of record on January 15, 2025.

About Camden National Corporation

Camden National Corporation (NASDAQ: CAC) is Northern New England's largest publicly traded bank holding company, with $5.7 billion in assets. Founded in 1875, Camden National Bank has 57 branches in Maine and New Hampshire, is a full-service community bank offering the latest digital banking, complemented by award-winning, personalized service. Additional information is available at . Member FDIC. Equal Housing Lender.

Comprehensive wealth management, investment, and financial planning services are delivered by Camden National Wealth Management.

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SOURCE Camden National Corporation

FAQ

What is Camden National 's dividend amount for Q4 2024?

Camden National (CAC) declared a quarterly dividend of $0.42 per share for the fourth quarter of 2024.

When is Camden National's Q4 2024 dividend payment date?

Camden National's Q4 2024 dividend will be paid on January 31, 2025, to shareholders of record as of January 15, 2025.

What is CAC's dividend yield based on December 16, 2024 stock price?

Based on Camden National's closing stock price of $45.91 on December 16, 2024, the annualized dividend yield is 3.66%.

What is the record date for Camden National's Q4 2024 dividend?

The record date for Camden National's Q4 2024 dividend is January 15, 2025.

Camden National Corporation

NASDAQ:CAC

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Banks - Regional
National Commercial Banks
United States of America
CAMDEN