Message #13 From:
NewsBot Date: January 3, 2007 06:41:00 AM
CAC News Camden National Corporation Announces 9.1% Increase in Quarterly Dividend
CAMDEN, Maine--(BUSINESS WIRE)--Robert W. Daigle, President and Chief Executive Officer of Camden
National Corporation (AMEX: CAC; the “Company”),
announced today that the Board of Directors of the Company declared a
$0.24 per share dividend payable on January 31, 2007 for shareholders of
record on January 16, 2007. The $0.24 per share dividend is an increase
of $0.02 per share, or 9.1%, from the $0.22 per share dividend declared
for the same period a year ago.
Camden National Corporation, a 2006 Best Places to Work in Maine
company headquartered in Camden, Maine, and listed on the American Stock
Exchange, the Russell 3000®
and the Russell 2000®
under the symbol CAC, is the holding company for a family of two
financial services companies, including: Camden National Bank (CNB), a
full-service community bank with 27 banking offices serving coastal,
western, central and eastern Maine, and recipient of the Governor's
Award for Business Excellence in 2002, and Acadia Trust, N.A., offering
investment management and fiduciary services with offices in Portland
and Bangor. Acadia Financial Consultants is a division of CNB, offering
full-service brokerage services.
This press release and the documents incorporated by reference herein
contain certain statements that may be considered forward-looking
statements under the Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by the use of the words
"believe," "expect," "anticipate," "intend," "estimate," "assume,"
"will," "should," and other expressions which predict or indicate future
events or trends and which do not relate to historical matters.
Forward-looking statements should not be relied on, because they involve
known and unknown risks, uncertainties and other factors, some of which
are beyond the control of the Company. These risks, uncertainties and
other factors may cause the actual results, performance or achievements
of the Company to be materially different from the anticipated future
results, performance or achievements expressed or implied by the
forward-looking statements.
