Katahdin Bankshares announces dividend

HOULTON, Maine — Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1125 per share for the fourth quarter of 2019. 

  In making the announcement, Jon J. Prescott, Katahdin Trust president and CEO, stated that it represented a 4.65 percent increase over last year’s fourth-quarter dividend. 

The dividend will be payable on Dec. 20, 2019, to shareholders of record as of Dec. 13, 2019.  

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