HOULTON, Maine — Katahdin Bankshares Corp., parent company of Katahdin Trust Company, announced Dec. 21 that it has declared a cash dividend of $.09 per share for the fourth quarter of 2011, representing an increase of 9.8 percent over the prior quarter’s dividend. The dividend will be payable on Dec. 26. to all shareholders of record as of Dec. 12.
Katahdin Bankshares Corp. stock is quoted on the OTC Markets quote board OTCQB under the symbol KTHN. Current stock information can be found at otcmarkets.com/home.
Katahdin Trust Company, established in 1918, provides banking services to individuals and businesses from 16 offices in northern and central Maine, online at www.katahdintrust.com, operates commercial loan offices in Bangor and Scarborough, and has announced the opening of a third branch office in Bangor in 2012.
Katahdin Bankshares Corp. was recently recognized by US Banker Magazine as one of the Top 200 Community Banks in the country, for the fifth consecutive year.
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