The First declares quarterly dividend

Posted March 18, 2011, at 8:49 a.m.

The board of directors of Damariscotta-based First Bancorp on Friday declared a quarterly dividend of 19.5 cents per share.

The First Bancorp is the holding company for The First, N.A. Founded in 1864, The First is an independent community bank serving Mid-Coast and Down East Maine with 14 offices in Lincoln, Knox, Hancock and Washington Counties.

“The combination of good earnings and strong capital ratios enable us to maintain our dividend at its current level,” said Daniel R. Daigneault, president and CEO, in a release.

First Bancorp trades under the symbol FNLC on the NASDAQ.