State

Katahdin Corp. declares dividend

HOULTON, Maine — Katahdin Bankshares Corp. (OTCQX:KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of 10 cents per share for the first quarter of 2017. The dividend will be payable on March 24, 2017, to all shareholders of record as of March 18, 2017.  

Katahdin Bankshares Corp. also declared a cash dividend on its preferred stock Series D of $54.6875 per share for the first quarter of 2017.  The preferred stock Series D dividend will be payable on April 15, 2017, to shareholders of record as of April 5, 2017.

Katahdin Bankshares Corp. stock is quoted on the OTC Markets quote board OTCQX under the symbol KTHN.  Current stock information can be found at www.otcmarkets.com/stock/KTHN/quote.  Katahdin Trust Company, established in 1918, provides banking services to individuals and businesses from 16 offices throughout Maine and online at www.katahdintrust.com.

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