First Bancorp (FNLC) Declares $0.30 Quarterly Dividend; 4.4% Yield

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The First Bancorp Declares Third Quarter Dividend

September 26, 2019 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 30 cents per share. This third quarter dividend is payable October 22, 2019, to shareholders of record as of October 7, 2019. Based on the September 25, 2019 closing price of $27.48 per share, the annualized dividend of $1.20 per share translates to a yield of 4.37%.

"The First... More