The First Bancorp Declares Third Quarter Dividend

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09/25/2025 - 04:15 PM

DAMARISCOTTA, Maine--(BUSINESS WIRE)-- The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 37 cents per share. This third quarter dividend is payable October 16, 2025 to shareholders of record as of October 6, 2025.

"The Board of Directors today authorized a dividend of 37 cents per share for the third quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "The dividend continues to be an important component of the Company's value proposition, and we are pleased to pay out a meaningful distribution to our shareholders. Based on a closing price of $26.49 per share on September 24, 2025, the annualized dividend of $1.48 per share represents an attractive yield of 5.59%."

The 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.

Forward-looking and cautionary statements: except for the historical information and discussions contained herein, statements contained in this release may constitute “forward-looking statements” 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's filings with the Securities and Exchange Commission.

Category: Dividends