5.31% yield: First Bancorp (NASDAQ: FNLC) sets Q1 2026 dividend

Rhea-AI Filing Summary

The First Bancorp, Inc., parent of First National Bank, declared a quarterly cash dividend of $0.37 per share for the first quarter of 2026. The dividend will be paid on April 17, 2026 to shareholders of record as of April 7, 2026.

The company notes that, based on a closing share price of $27.88 on March 25, 2026, the annualized dividend of $1.48 per share equates to a dividend yield of 5.31%. This continues the bank’s practice of returning cash to shareholders through regular dividends.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

0000765207false00007652072026-03-262026-03-26

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): March 26, 2026

THE FIRST BANCORP, INC.

(Exact name of Registrant as specified in charter)

Maine

(State or other jurisdiction of incorporation)

0-26589			01-0404322
(Commission file number)			(IRS employer identification no.)

223 Main Street			Damariscotta			Maine			04543
(Address of principal executive offices)									(Zip Code)

(207) 563-3195

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is

intended to simultaneously satisfy the filing obligations

of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))

Securities registered pursuit to Section 12(b) of the Exchange Act:

Title of Each Class			Trading Symbol			Name of each exchange on which registered
Common Stock, par value $0.01 per share			FNLC			NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

TABLE OF CONTENTS

Item 8.01 Other Events            Page 1

Item 9.01 Financial Statements and Exhibits.        Page 1

Signatures                     Page 2

Exhibit Index                Page 3

Item 8.01 Other Events.

On March 26, 2026, the Registrant issued the press release filed herewith as Exhibit 99.1 announcing the declaration of a cash dividend.

Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits.

(d) Exhibits.

--------

The following Exhibit is being furnished herewith:

99.1 Registrant's Press Release

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE FIRST BANCORP, INC.

By: /s/ Richard M. Elder

---------------------

Richard M. Elder

Executive Vice President & Chief Financial Officer

March 26, 2026

Exhibit Index

--------------

Exhibit

Number Description of Exhibit

------ ------------------------

99.1 Registrant's Press Release

Exhibit 99.1

The First Bancorp Declares First Quarter Dividend

DAMARISCOTTA, ME, March 26, 2026--(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 first quarter dividend is payable April 17, 2026 to shareholders of record as of April 7, 2026.

"The Board of Directors is pleased to authorize a dividend of 37 cents per share for the first quarter of 2026," remarked President & Chief Executive Officer, Tony C. McKim. "Based on a closing price of $27.88 per share on March 25, 2026, the annualized dividend of $1.48 per share represents an attractive yield of 5.31%."

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

Source: The First Bancorp

The First Bancorp

Richard M. Elder, EVP, Chief Financial Officer

207-563-3195

rick.elder@thefirst.com

FAQ

What dividend did The First Bancorp (FNLC) declare for Q1 2026?

The First Bancorp declared a quarterly cash dividend of $0.37 per share for the first quarter of 2026. This dividend, when annualized to $1.48 per share, reflects the company’s continued policy of providing regular cash returns to shareholders.

When will The First Bancorp (FNLC) Q1 2026 dividend be paid?

The First Bancorp’s Q1 2026 dividend will be paid on April 17, 2026. Shareholders must be on the company’s records as of April 7, 2026 to receive the $0.37 per share cash dividend declared by the board.

What is the dividend yield of The First Bancorp (FNLC) based on the new dividend?

Based on a $27.88 closing share price on March 25, 2026, the annualized dividend of $1.48 per share represents a 5.31% dividend yield. This links the declared Q1 2026 dividend rate directly to the company’s recent stock price.

What is the annualized dividend rate for The First Bancorp (FNLC) in 2026?

The quarterly dividend of $0.37 per share implies an annualized dividend of $1.48 per share for 2026. This figure is used by the company to illustrate the implied 5.31% dividend yield at the March 25, 2026 closing share price of $27.88.

Who announced The First Bancorp (FNLC) first quarter 2026 dividend?

The first quarter 2026 dividend was highlighted by President & CEO Tony C. McKim, who noted the $0.37 per share payout and its 5.31% yield. The supporting Form 8-K was signed by EVP and CFO Richard M. Elder.

What type of filing reported The First Bancorp (FNLC) dividend declaration?

The dividend declaration was disclosed in a Form 8-K under Item 8.01, classified as an “Other Event”. The filing furnished the related press release as Exhibit 99.1, formally documenting the first quarter 2026 cash dividend details.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 4.8 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 19.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 10.8 KB