Hot Gas Utility Companies To Watch In Right Now: Camden National Corporation(CAC)
Camden National Corporation operates as the holding company for Camden National Bank, which provides commercial and consumer banking products and services to the individuals, businesses, municipalities, non-profits, and commercial customers. The company offers various deposit products, including NOW accounts, transaction accounts, time deposits, savings accounts, money market accounts, certificates of deposit, brokered deposits, and demand deposits. Its loan products comprise residential mortgage loans, commercial business loans, commercial real estate loans, and various consumer loans. The company offers its products and services through a network of 37 banking offices and ATMs in the Maine counties of Androscoggin, Cumberland, Franklin, Knox, Lincoln, Penobscot, Piscataquis, Somerset, Waldo, and York. In addition, it operates nine Union Trust branches in Hancock and Washington counties, Maine. The company, through Acadia Financial Consultants, provides full-service broke rage and insurance services, including college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Camden National Corporation, through its subsidiary, Acadia Trust, N.A., offers various trust, trust-related, investment, and wealth management services, as well as retirement and pension plan management services to individual and institutional clients. The company was founded in 1875 and is headquartered in Camden, Maine.
Advisors' Opinion:- [By Sarah Jones]
National benchmark indexes climbed in all 18 western European markets, except Greece. The U.K.'s FTSE 100 increased 2 percent and Germany's DAX rallied 2.4 percent. France's CAC 40 (CAC) jumped 3.6 percent for the biggest gain since August.
- [By Eric Volkman]
Camden Na! tional (NASDAQ: CAC ) has elected not to change its dividend policy for the moment. The company declared a quarterly payout of $0.27 per share, to be handed out on July 31 to shareholders of record as of July 15. That amount matches the company's previous distribution, which was dispensed at the end of April. Before that, Camden National paid a regular distribution of $0.25 per share in every quarter stretching back to April 2008.
- [By Sarah Jones]
National benchmark indexes climbed in 13 of the 18 western European markets this week. The U.K.'s FTSE 100 gained 1.3 percent, France's CAC 40 (CAC) climbed 1.8 percent and Germany's DAX Index jumped 1.5 percent.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-gas-utility-companies-to-watch-in-right-now.html
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