HOULTON, Maine — Katahdin Bankshares Corp. (OTCQB:KTHN), parent company of Katahdin Trust Company, announced that it has declared a cash dividend of $.0975 per share for the first quarter of 2013.
In making the announcement Jon J. Prescott, Katahdin Trust Company president and CEO, stated that it represented an 8.3 percent increase over last year’s first quarter dividend. The dividend will be payable on March 25, 2013 to all shareholders of record as of March 11, 2013.
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