HOULTON, Maine – Katahdin Bankshares Corp., parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1185 per share for the first quarter of 2020.
In making the announcement Jon J. Prescott, Katahdin Trust president and CEO, stated that it represented a 5.33 percent increase over last year’s first quarter dividend. The dividend will be payable on March 20, 2020 to shareholders of record as of March 13, 2020.