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

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

The First Bancorp Declares Quarterly Dividend of 24 Cents per Share

March 22, 2018 5:01 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 first-quarter dividend is payable April 30, 2018, to shareholders of record as of April 5, 2018. Based on the March 21, 2018 closing price of $28.72 per share, the annualized dividend of 96 cents per share translates into a yield of 3.34%.

We reported record operating results... More