Camden National As of January 14, 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 3.1% 9 11.7% Quarter 1997
Camden National hikes dividend by 11.1%

Camden National Corporation (CAC) will raise its quarterly dividend by another 11.1 percent to 40 cents per share. This follows a 9.1 percent increase to 36 cents per share earlier in 2021 by the bank holding company. The FY 2021 dividend hike is 21.2 percent.

This quarterly payout results in an annualized dividend yield of 3.52% based on the December 20, 2021 closing price of the Company's common stock at $45.47 per share as reported by NASDAQ. The dividend is payable on January 31, 2022 to shareholders of record on January 14, 2022.

"For the second time this year, we are pleased to announce an increase in our quarterly dividend payment to our shareholders," said Dufour. "A 21% increase in our quarterly dividend aligns with our focus on rewarding shareholders while maintaining sufficient capital levels."

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
Jan 18 DGX 1.7% 0.0%
Jan 18 LOW 1.3% 0.0%
Jan 18 WST 0.2% 0.0%
Jan 19 ZTS 0.6% 0.0%
Jan 19 CAT 1.9% 0.0%
Jan 20 PKI 0.2% 0.0%
Jan 20 PNR 1.3% 0.0%
Jan 20 COO 0.0% 0.0%
Jan 20 PG 2.2% 0.0%
Jan 20 APA 1.5% 0.0%