Katahdin Bankshares Corp. announces dividend for the third quarter of 2021
HOULTON, Maine — Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, has declared a cash dividend of $0.125 per share for the third quarter of 2021.
Jon J. Prescott, Katahdin Trust president & CEO, stated that it represented a 5.5 percent increase over last year’s third quarter dividend. The dividend will be payable on Sept. 23, 2021, to shareholders of record as of Sept. 16, 2021.
Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company. Founded in 1918, Katahdin Trust is a community bank based in Houlton with more than $941 million in assets and 16 banking offices that serve Aroostook, Penobscot and Cumberland counties. The bank has nearly 180 employees and, in 2020, was named one of the Best Places to Work in Maine for the third year in a row and recognized the past two years as one of the Top 200 Community Banks in the country by American Banker magazine.
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