Camden National As of May 18, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
CAC $1.60 0.0% 21.2% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Regional Bank 3.8% 9 11.7% Quarter 1997
Camden National hikes dividend by 10%

Camden National Corporation (CAC) will raise its quarterly dividend by 10.0 percent to $0.33 per share. This marks the 7th consecutive year of dividend increases for the bank holding company and follows a 20.0 percent dividend hike in 2018.

The next dividend is payable on January 31, 2020 to shareholders of record on January 15, 2020. A new annual dividend rate of $1.32 per share yields 2.8% at a stock price of $46.82.

"We are pleased to announce a dividend increase of 10% to our shareholders," said Dufour. "Our consistent and solid earnings continue to generate sufficient capital levels. As we balance capital needs and generation of shareholder value, we believe it's the right time to increase our return of capital to shareholders."

Camden National Corporation is the holding company of Camden National Bank, a diversified financial services provider. The Company, through the Bank, offers commercial and consumer banking products and services, and through Camden Financial Consultants and Camden National Wealth Management, divisions of the Bank, brokerage and insurance services, as well as investment management and fiduciary services.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
May 25 XYL 1.5% 7.1%
May 25 AMAT 0.9% 8.3%
May 25 DFS 1.9% 0.0%
May 26 FTV 0.5% 0.0%
May 26 IP 3.8% 0.0%
May 26 HII 2.3% 0.0%
May 26 HLT 0.5% 0.0%
May 26 MAS 2.1% 19.1%
May 26 SPGI 1.0% 10.4%
May 26 FBHS 1.7% 0.0%