Katahdin Bankshares Corp. Announces Quarterly Dividend
Katahdin Bankshares Corp. (OTCQX: KTHN) has declared a quarterly cash dividend of $0.175 per share for Q4 2024.
Sentiment and the balance of points
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Rhea-AI Summary
Katahdin Bankshares Corp. (OTCQX: KTHN) has declared a quarterly cash dividend of $0.175 per share for Q4 2024. The dividend will be paid on December 20, 2024, to shareholders of record as of December 13, 2024. This represents a significant 15.1% increase compared to the fourth-quarter dividend of the previous year.
Positive
- 15.1% increase in quarterly dividend compared to previous year
- Continued ability to maintain and increase shareholder distributions
Negative
- None.
Details
News Market Reaction – KTHN
The recorded move for KTHN in the trading session of this news was -0.61%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
This dividend represents a
About Katahdin Bankshares Corp.
Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company. Founded in 1918, Katahdin Trust is a community bank based in
View original content:https://www.prnewswire.com/news-releases/katahdin-bankshares-corp-announces-quarterly-dividend-302312121.html
SOURCE Katahdin Bankshares Corp.
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