The First Bancorp Declares Second Quarter Dividend

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Jun 26, 2020
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The Board of Directors of The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly dividend of 31 cents per share. This second quarter dividend is payable July 20, 2020, to shareholders of record as of July 7, 2020, and is up one cent from the 30 cents per share the Company paid in each of the past four quarters. Based on the June 24, 2020 closing price of $19.05 per share, the annualized dividend of $1.24 per share translates to a yield of 6.51%.