Business

Bank announces dividend for the third quarter of 2020

HOULTON, Maine — Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.1185 per share for the third quarter of 2020.

Jon J. Prescott, bank president and CEO, stated that it represented a 5.33 percent increase over last year’s third quarter dividend. 

The dividend will be payable on Sept. 22 to shareholders of record as of September 15, 2020.  

Get the Rest of the Story

Thank you for reading your 4 free articles this month. To continue reading, and support local, rural journalism, please subscribe.