First Bancorp (FNLC) Declares $0.22 Quarterly Dividend; 4.7% Yield

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Go back to First Bancorp (FNLC) Declares $0.22 Quarterly Dividend; 4.7% Yield

The First Bancorp Keeps Quarterly Dividend at 22 Cents per Share

March 24, 2016 4:15 PM EDT

DAMARISCOTTA, Maine--(BUSINESS WIRE)-- The Board of Directors of The First Bancorp, the parent company of First National Bank, declared a quarterly dividend today of 22 cents per share. This first-quarter dividend is payable April 29, 2016, to shareholders of record as of April 6, 2016, and is equal to the 22 cents per share the Company paid in the past three quarters.

Based on last nights closing price of $18.63 per share, our dividend yield is a very healthy 4.74%, observed Tony C. McKim, the Companys President and... More