Houlton, Maine — Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1075 per share for the fourth quarter of 2018.
In making the announcement on Nov. 28, Jon J. Prescott, Katahdin Trust president and CEO, stated that it represented a 7.5 percent increase over last year’s fourth-quarter dividend. The dividend will be payable on Dec. 20 to all shareholders of record as of Dec. 13, 2018.
Katahdin Bankshares Corp. also declared a cash dividend on its preferred stock Series D of $54.6875 per share for the fourth quarter of 2018. The preferred stock Series D dividend will be payable on Jan. 15, 2019, to shareholders of record as of Jan. 5.
