First Bancorp (FNLC) Declares $0.24 Quarterly Dividend; 3.1% Yield

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The First Bancorp Declares Quarterly Dividend of 24 Cents Per Share

September 28, 2017 4:38 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 third-quarter dividend is payable October 31, 2017 to shareholders of record as of October 13, 2017. Based on the September 27, 2017 closing price of $30.39 per share, the annualized dividend of 96 cents per share translates into a yield of 3.16%.

The Company has posted record annual earnings... More