Business Services Industry
Cambridge Bancorp Increases Quarterly Dividend
Business Wire, Nov 21, 2006
CAMBRIDGE, Mass. -- Cambridge Bancorp (OTCBB: CATC) announced that its Board of Directors has approved a 7.7% increase in the quarterly dividend from $0.26 per share to $0.28 per share. The dividend is payable January 2, 2007 to shareholders of record as of December 1, 2006.
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Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are based in Cambridge, Massachusetts, in the heart of Harvard Square. Cambridge Trust Company is a 116-year-old Massachusetts chartered commercial bank with nine Massachusetts locations in Cambridge, Concord, Lincoln, Weston, and Beacon Hill. Cambridge Trust Company is one of New England's leaders in wealth management with $1.3 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.
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