Katahdin Bankshares Corp. Announces Quarterly Dividend

Katahdin Bankshares Corp. (OTCQX: KTHN) has announced a quarterly cash dividend of $0.2025 per share for the first quarter of 2025.

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Rhea-AI Summary

Katahdin Bankshares Corp. (OTCQX: KTHN) has announced a quarterly cash dividend of $0.2025 per share for the first quarter of 2025. The dividend represents a significant 15.7% increase compared to the first-quarter dividend of the previous year. Shareholders of record as of March 14, 2025, will receive the dividend payment on March 21, 2025.

Positive

15.7% increase in quarterly dividend compared to previous year
Consistent dividend payment demonstrates financial stability

Negative

None.

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02/24/2025 - 04:05 PM EST

HOULTON, Maine, Feb. 24, 2025 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $0.2025 per share for the first quarter of 2025. The dividend will be payable on March 21, 2025, to shareholders of record as of March 14, 2025.

This dividend represents a 15.7% increase over last year's first-quarter dividend.

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 Houlton, Maine with 16 locations and more than $1.08 billion in assets. Katahdin Bankshares Corp. common stock is quoted on the OTC Markets (OTCQX) under the symbol KTHN. Learn more about the Company and its subsidiary bank at www.katahdintrust.com and follow Katahdin Trust on social media.

View original content:https://www.prnewswire.com/news-releases/katahdin-bankshares-corp-announces-quarterly-dividend-302383839.html

SOURCE Katahdin Bankshares Corp.

FAQ

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What is Katahdin Bankshares' (KTHN) Q1 2025 dividend amount?

Katahdin Bankshares Corp. (KTHN) declared a cash dividend of $0.2025 per share for the first quarter of 2025.

When is the KTHN Q1 2025 dividend payment date?

The Q1 2025 dividend will be paid on March 21, 2025, to shareholders of record as of March 14, 2025.

How much did Katahdin Bankshares increase its dividend in Q1 2025?

Katahdin Bankshares increased its Q1 2025 dividend by 15.7% compared to the first-quarter dividend of the previous year.

What is the record date for KTHN's Q1 2025 dividend?

The record date for Katahdin Bankshares' Q1 2025 dividend is March 14, 2025.

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Katahdin Bankshares Corp. Announces Quarterly Dividend