First Bancorp (FNLC) Declares $0.24 Quarterly Dividend; 3.4% Yield

First Bancorp (NASDAQ: FNLC) declared a quarterly dividend of $0.24 per share, or $0.96 annualized.

The dividend will be payable on April 30, 2018, to stockholders of record on April 5, 2018, with an ex-dividend date of April 4, 2018.

The annual yield on the dividend is 3.4 percent.

“We reported record operating results in 2017 driven by strong growth on both sides of the balance sheet,” noted President & Chief Executive Officer, Tony C. McKim. “The Company’s Board of Directors recognizes that a generous dividend payout is valued by our shareholders and is a key component in the total valuation of our shares. I am pleased to be able to share our continued earnings strength in the form of cash dividends payable to our shareholders.”

For a dividend history and other dividend-related data on First Bancorp (FNLC) click here.

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