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Enterprise Bancorp Inc. Declares 4.5 Percent Quarterly Dividend Increase

enterprisebank Enterprise Bancorp Inc. will pay a quarterly dividend of 11 cents per share on March 1 to shareholders of record as of Feb. 8.

The quarterly dividend represents a 4.5 percent increase over the 2012 dividend rate. Enterprise Bancorp, which is headquartered in Lowell, is the parent company of Enterprise Bank and Trust and has twenty branches throughout the Merrimack Valley, North Central Massachusetts and Southern New Hampshire.

The company plans to open a new branch in Lawrence this spring.

Banking & Lending