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

EBTC (Enterprise Bancorp) Dividend Payout Ratio : 0.30 (As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Enterprise Bancorp Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Enterprise Bancorp's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.30.

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: 0.33


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
54.33% of 1154 companies
in the Banks industry
Industry Median: 0.34 vs EBTC: 0.33

As of today (2024-12-13), the Dividend Yield % of Enterprise Bancorp is 2.23%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Enterprise Bancorp was 4.08%. The lowest was 1.32%. And the median was 2.13%.

Enterprise Bancorp's Dividends per Share for the months ended in Sep. 2024 was $0.24.

During the past 12 months, Enterprise Bancorp's average Dividends Per Share Growth Rate was 6.10% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.27 0.21 0.23 0.30

Enterprise Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.36 0.35 0.31 0.30

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

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

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 Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.24/ 0.8
=0.30

* 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.


Enterprise Bancorp (NAS:EBTC) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Business Description

Traded in Other Exchanges
N/A
Address
222 Merrimack Street, Lowell, MA, USA, 01852
Enterprise Bancorp Inc is a holding company 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
Michael T Putziger director C/O NEW HAMPSHIRE THRIFT BANCSHARES, 9 MAIN STREET, NEWPORT NH 03773
Joseph R Lussier officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Ken S Ansin director 390 GOODRICH ST, LUNENBURG MA 01462
Gino J Baroni director 222 MERRIMACK STREET, LOWELL MA 01852
Jacqueline F Moloney director 222 MERRIMACK STREET, LOWELL MA 01852
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
Keith N Soucie officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852

Enterprise Bancorp Headlines