First Bancorp (FNLC) Raises Quarterly Dividend 4.3% to $0.24; 3.5% Yield

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Go back to First Bancorp (FNLC) Raises Quarterly Dividend 4.3% to $0.24; 3.5% Yield

The First Bancorp Increases Quarterly Dividend to 24 Cents Per Share

June 29, 2017 4:15 PM EDT

DAMARISCOTTA, Maine--(BUSINESS WIRE)-- The Board of Directors of The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly dividend of 24 cents per share. This second-quarter dividend is payable July 28, 2017, to shareholders of record as of July 10, 2017, and is up one cent from the 23 cents per share the Company paid in each of the past four quarters. Based on the June 28, 2017 closing price of $27.50 per share, the annualized dividend of... More