HOULTON, Maine – Katahdin Bankshares Corp. (OTCQX: KTHN), the parent company of Katahdin Trust Company, a community bank founded in 1918 serving northern Maine and the greater Bangor and Portland regions, announced that it has declared a cash dividend of $0.152 per share for the third quarter of 2023.
In making the announcement, Jon J. Prescott, Katahdin Trust president and CEO, stated that it represented a 10.1 percent increase over last year’s third quarter dividend. The dividend will be payable on Sept. 22 to shareholders of record as of Sept. 16.
