Enterprise Bancorp Inc., parent company of Lowell-based Enterprise Bank, announced the opening of two new branches in Tyngsboro and Lawrence. The first is anticipated to open next month, and the latter in the first quarter of 2013, bringing the total number of full-service branches to 22.

The board of Enterprise Bancorp Inc., also declared a quarterly dividend of $0.11 per share to be paid Dec. 3, 2012 to shareholders of record as of Nov. 12, 2012. The quarterly dividend represents a 4.8 percent increase over the 2011 dividend rate, the board said in a statement.

Enterprise Bancorp, Inc. Announces Two New Branches, Quarterly Dividend

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