First Bancorp (FNLC) Declares $0.32 Quarterly Dividend; 4.3% Yield

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The First Bancorp Declares First Quarter Dividend

March 31, 2022 4:15 PM EDT

DAMARISCOTTA, Maine--(BUSINESS WIRE)-- The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 32 cents per share. This first quarter dividend is payable April 22, 2022 to shareholders of record as of April 11, 2022. Based on the March 30, 2022 closing price of $30.06 per share, the annualized dividend of $1.28 per share translates to a yield of 4.26%.

"The First Bancorp performed very well... More