Enterprise Bancorp (Enterprise Bancorp) Dividend Payout Ratio : 0.36 (As of Dec. 2023)

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What is Enterprise Bancorp Dividend Payout Ratio?

Enterprise Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.36.

The historical rank and industry rank for Enterprise Bancorp's Dividend Payout Ratio or its related term are showing as below:

EBTC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.28 Max: 0.33
Current: 0.3

During the past 13 years, the highest Dividend Payout Ratio of Enterprise Bancorp was 0.33. The lowest was 0.21. And the median was 0.28.

EBTC's Dividend Payout Ratio is ranked better than
57.89% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs EBTC: 0.30

As of today (2024-04-25), the Dividend Yield % of Enterprise Bancorp is 3.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Enterprise Bancorp was 3.93%. The lowest was 1.32%. And the median was 2.17%.

Enterprise Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.23.

During the past 12 months, Enterprise Bancorp's average Dividends Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Enterprise Bancorp was 14.50% per year. The lowest was 4.40% per year. And the median was 7.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Enterprise Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Enterprise Bancorp's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enterprise Bancorp Dividend Payout Ratio Chart

Enterprise Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.22

0.27

0.21

0.23

0.30

Enterprise Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.20	0.26	0.29	0.29	0.36

Competitive Comparison of Enterprise Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Enterprise Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Enterprise Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Enterprise Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Enterprise Bancorp's Dividend Payout Ratio falls into.

Enterprise Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Enterprise Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.92	/	3.11
	=	0.30

Enterprise Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.23	/	0.64
	=	0.36

Enterprise Bancorp (NAS:EBTC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Enterprise Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Enterprise Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Enterprise Bancorp (Enterprise Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Enterprise Bancorp Inc (NAS:EBTC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

222 Merrimack Street, Lowell, MA, USA, 01852

Website

https://www.enterprisebanking.com

Enterprise Bancorp Inc is a holding company. The Company is engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services.

Executives

Gino J Baroni	director	222 MERRIMACK STREET, LOWELL MA 01852
Michael T Putziger	director	C/O NEW HAMPSHIRE THRIFT BANCSHARES, 9 MAIN STREET, NEWPORT NH 03773
Ken S Ansin	director	390 GOODRICH ST, LUNENBURG MA 01462
George L Duncan	director, officer: Chief Executive Officer	222 MERRIMACK ST, LOWELL MA 01852
Stephen J Irish	officer: EVP - Principal Subsidiary	222 MERRIMACK ST, LOWELL MA 01852
Ryan C Dunn	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Mary Jane King	director	222 MERRIMACK STREET, LOWELL MA 01852
Luis M Pedroso	director	222 MERRIMACK STREET, LOWELL MA 01852
Diane J Silva	officer: EVP - Principal Subsidiary	222 MERRIMACK STREET, LOWELL MA 01852
Anita R Worden	director	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
John A Koutsos	director	222 MERRIMACK STREET, LOWELL MA 01852
Peter Rayno	officer: EVP - Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Joseph R Lussier	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Keith N Soucie	officer: EVP-Principal Subsidiary	C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Carol L Reid	director	C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876