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Share Name | Share Symbol | Market | Type |
---|---|---|---|
First Bancorp Inc | NASDAQ:FNLC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.2031 | -0.87% | 23.0769 | 23.09 | 23.49 | 23.22 | 23.0769 | 23.22 | 153 | 15:09:06 |
The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 34 cents per share. This first quarter dividend is payable April 20, 2023 to shareholders of record as of April 10, 2023.
"I'm pleased to announce a first quarter dividend of 34 cents per share," remarked President & Chief Executive Officer, Tony C. McKim. "Based on the March 29, 2023 closing price of $26.26 per share, the annualized dividend of $1.36 per share represents an attractive yield of 5.18% for our shareholders."
The First Bancorp, headquartered in Damariscotta, Maine, is the holding company for First National Bank. Founded in 1864, the Bank serves Mid-Coast and Down East Maine with eighteen offices in Lincoln, Knox, Hancock, Penobscot, Waldo and Washington Counties. The Bank provides a full range of consumer and commercial banking products and services. First National Wealth Management, a division of First National Bank, provides investment management and trust services from five offices in Lincoln, Knox, Penobscot and Hancock Counties.
Forward-looking and cautionary statements: except for the historical information and discussions contained herein, statements contained in this release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission.
Category: Dividends
Source: The First Bancorp
View source version on businesswire.com: https://www.businesswire.com/news/home/20230330005727/en/
The First Bancorp Richard M. Elder, EVP, Chief Financial Officer 207-563-3195 rick.elder@thefirst.com
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