Katahdin Bankshares Corp. offficals report 20.6 percent dividend increase

by Staff Pioneer Times
16 years ago

    PATTEN – Katahdin Bankshares Corp., parent company of Katahdin Trust Co., has announced that it has declared a cash dividend of $.082 per share for the third quarter of 2008. In making the announcement, Jon J. Prescott, Katahdin Trust Co. president and chief executive officer, stated that it represented a 20.6 percent increase over last year’s third quarter dividend. The dividend will be payable Sept. 26, 2008 to all shareholders of record as of Sept. 12, 2008.
    Katahdin Bankshares Corp. stock is quoted on the NASDAQ Over-the-Counter Bulletin Board (OTCBB) under the symbol KTHN. Current stock information can be found on the OTCBB Web site at www.otcbb.com.
    Katahdin Trust Co., established in 1918, provides banking services to individuals and businesses from 14 offices in northern Maine, online at www.katahdintrust.com and operates loan production offices in Bangor and Scarborough.