CATC.. 429.75
Cambridge Bancorp Increases Quarterly Dividend
CAMBRIDGE, Mass., Nov 17, 2009 (BUSINESS WIRE) -- Cambridge Bancorp (CATC)
announced that its Board of Directors has approved a 6.1% percent increase in its
quarterly dividend from $0.33 per share to $0.35 per share. The dividend is
payable January 4, 2010 to shareholders of record as of December 10, 2009.
Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are based in
Cambridge, Massachusetts, in the heart of Harvard Square. Cambridge Trust Company
is a 119-year-old Massachusetts chartered commercial bank with $998 million in
total assets and ten Massachusetts locations in Cambridge, Beacon Hill, Belmont,
Concord, Lincoln and Weston. Cambridge Trust Company is one of New England's
leaders in wealth management with $1.4 billion in client assets under management.
In addition, Cambridge Trust Company of New Hampshire offers wealth management
services at two New Hampshire locations, Concord and Exeter.
SOURCE: Cambridge Bancorp
Cambridge Bancorp
Albert R. Rietheimer, 617-441-1516
Chief Financial Officer & Treasurer