Business

Katahdin Bankshares announces dividend for the fourth quarter of 2021

HOULTON, Maine — Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, a community bank founded in 1918 serving northern Maine and the greater Bangor and Portland regions, announced that it has declared a cash dividend of $0.125 per share for the fourth quarter of 2021. 

 Jon J. Prescott, Katahdin Trust president and CEO, stated that it represented a 5.5 percent increase over last year’s fourth-quarter dividend. 

The dividend will be payable on Dec. 23 to shareholders of record as of Dec. 16. 

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