Katahdin Bankshares Corp. Announces Quarterly Dividend

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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.

News Market Reaction

+0.65%

1 alert

+0.65% News Effect

On the day this news was published, KTHN gained 0.65%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

02/24/2025 - 04:05 PM

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.

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