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Camden National Corporation Announces its First Quarter 2025 Dividend

1. Camden National Corp declared a quarterly dividend of $0.42 per share. 2. Annualized dividend yield stands at 4.0% based on recent stock price. 3. Company recently completed a merger with Northway Financial, enhancing total assets. 4. Camden National is Northern New England's largest publicly traded bank. 5. Company offers modern digital banking and personalized wealth management services.

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FAQ

Why Bullish?

The dividend declaration signals strong financial health, likely boosting investor confidence as seen historically in similar bank announcements post-dividend increase.

How important is it?

A robust dividend yield may attract income-focused investors, impacting share demand positively.

Why Short Term?

Dividend declarations typically have immediate effects as investors buy shares before the Ex-Dividend date, similar to past patterns following strong earnings reports.

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NORTHUSBZION
, /PRNewswire/ -- 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 4.0% based on the March 24, 2025 closing price of the Company's common stock at $42.01 per share as reported by NASDAQ. The dividend is payable on April 30, 2025 to shareholders of record on April 15, 2025. About Camden National Corporation Camden National Corporation (NASDAQ: CAC) is Northern New England's largest publicly traded bank holding company, with approximately $7.0 billion in assets. Founded in 1875, Camden National Bank has 73 branches in Maine and New Hampshire and is a full-service community bank offering the latest digital banking, complemented by award-winning, personalized service.* Additional information is available at CamdenNational.bank. Member FDIC. Equal Housing Lender. Comprehensive wealth management, investment, and financial planning services are delivered by Camden National Wealth Management. * Total assets and branch data reflect the completion on January 2, 2025, of Camden National Corporation's previously announced merger with Northway Financial, Inc. SOURCE Camden National Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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