HOULTON, Maine — Katahdin Bankshares Corp., parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1125 per share for the first quarter of 2019.
Jon J. Prescott, Katahdin Trust president and CEO, stated that it represented a 4.65 percent increase over last year’s first-quarter dividend. The dividend will be payable on March 22, 2019, to all shareholders of record as of March 15, 2019.
Katahdin Bankshares Corp. also declared a cash dividend on its preferred stock Series D of $54.6875 per share for the first quarter of 2019. The preferred stock Series D dividend will be payable on April 15, 2019 to shareholders of record as of April 5, 2019.