{"id":830883,"date":"2025-03-27T16:52:19","date_gmt":"2025-03-27T20:52:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-first-bancorp-declares-first-quarter-dividend-4\/"},"modified":"2025-03-27T16:52:19","modified_gmt":"2025-03-27T20:52:19","slug":"the-first-bancorp-declares-first-quarter-dividend-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-first-bancorp-declares-first-quarter-dividend-4\/","title":{"rendered":"The First Bancorp Declares First Quarter Dividend"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b><span class=\"bwuline\">The First Bancorp Declares First Quarter Dividend<\/span><\/b><\/p>\n<p>DAMARISCOTTA, Maine&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This first quarter dividend is payable April 18, 2025 to shareholders of record as of April 8, 2025.\n<\/p>\n<p>\n&#8220;I am pleased to announce that the Board of Directors has authorized a dividend of 36 cents per share for the first quarter of 2025,&#8221; remarked President &amp; Chief Executive Officer, Tony C. McKim. &#8220;The quarterly dividend has been and continues to be an important contributor to the value we offer our shareholders. Based on a closing price of $24.95 per share on March 26, 2025, the annualized dividend of $1.44 per share represents an attractive yield of 5.77%.&#8221;\n<\/p>\n<p>\nThe First Bancorp, headquartered in Damariscotta, Maine, is the holding company for First National Bank. Founded in 1864, the Bank serves Mid-Coast and Down East Maine with eighteen offices in Lincoln, Knox, Hancock, Penobscot, Waldo and Washington Counties. The Bank provides a full range of consumer and commercial banking products and services. First National Wealth Management, a division of First National Bank, provides investment management and trust services from five offices in Lincoln, Knox, Penobscot and Hancock Counties.\n<\/p>\n<p>\nForward-looking and cautionary statements: except for the historical information and discussions contained herein, statements contained in this release may constitute \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially, as discussed in the Company&#8217;s filings with the Securities and Exchange Commission.\n<\/p>\n<p>\nCategory: Dividends\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327670520r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250327670520\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250327670520\/en\/<\/a><\/span><\/p>\n<p>\nThe First Bancorp<br \/>\n<br \/>Richard M. Elder, EVP, Chief Financial Officer<br \/>\n<br \/>207-563-3195<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:rick.elder@thefirst.com\">rick.elder@thefirst.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Maine<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>The First Bancorp Declares First Quarter Dividend DAMARISCOTTA, Maine&#8211;(BUSINESS WIRE)&#8211; The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This first quarter dividend is payable April 18, 2025 to shareholders of record as of April 8, 2025. &#8220;I am pleased to announce that the Board of Directors has authorized a dividend of 36 cents per share for the first quarter of 2025,&#8221; remarked President &amp; Chief Executive Officer, Tony C. McKim. &#8220;The quarterly dividend has been and continues to be an important contributor to the value we offer our shareholders. Based on a closing price of $24.95 per share on March 26, 2025, the annualized dividend &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-first-bancorp-declares-first-quarter-dividend-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The First Bancorp Declares First Quarter Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-830883","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The First Bancorp Declares First Quarter Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-first-bancorp-declares-first-quarter-dividend-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The First Bancorp Declares First Quarter Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The First Bancorp Declares First Quarter Dividend DAMARISCOTTA, Maine&#8211;(BUSINESS WIRE)&#8211; The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This first quarter dividend is payable April 18, 2025 to shareholders of record as of April 8, 2025. &#8220;I am pleased to announce that the Board of Directors has authorized a dividend of 36 cents per share for the first quarter of 2025,&#8221; remarked President &amp; Chief Executive Officer, Tony C. McKim. &#8220;The quarterly dividend has been and continues to be an important contributor to the value we offer our shareholders. 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This first quarter dividend is payable April 18, 2025 to shareholders of record as of April 8, 2025. &#8220;I am pleased to announce that the Board of Directors has authorized a dividend of 36 cents per share for the first quarter of 2025,&#8221; remarked President &amp; Chief Executive Officer, Tony C. McKim. &#8220;The quarterly dividend has been and continues to be an important contributor to the value we offer our shareholders. 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