The First declares quarterly dividend

By Matt Wickenheiser, BDN Staff
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.

β€œThe 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.

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