PATTEN, Maine — Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1125 per share for the third quarter of 2019.
In making the announcement Jon J. Prescott, Katahdin Trust president and CEO, stated that it represented a 4.65 percent increase over last year’s third quarter dividend.
The dividend will be payable on Sept. 20, 2019, to all shareholders of record as of September 13, 2019.
