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0.00198675496688749 0.00198675496688749 0.00198675496688749 0.00198675496688749 0.00198675496688749 0.00198675496688749 -0.00166225165562903 0.00231788079470211
Stock impact report

The First Bancorp Declares Fourth Quarter Dividend

First Bancorp, Inc (ME) (FNLC) 
Company Research Source: Business Wire
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 fourth quarter dividend is payable January 17, 2020, to shareholders of record as of January 7, 2020. Based on the December 18, 2019 closing price of $29.99 per share, the annualized dividend of $1.20 per share translates to a yield of 4.00%."The First Bancorp has reported strong operating results in each of the first three quarters of 2019, led by earning asset growth and increased non-interest income" noted President & Chief Executive Officer, Tony C. McKim. "The Company's Board of Directors continues to support an attractive cash dividend as an appropriate way to share these results with 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 1 Show less Read more
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