The First Bancorp Inc. (FNLC) to Issue Quarterly Dividend of $0.23 on October 28th
The First Bancorp Inc. (NASDAQ:FNLC) announced a quarterly dividend on Friday, September 23rd. Stockholders of record on Wednesday, October 5th will be given a dividend of 0.23 per share on Friday, October 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Monday, October 3rd.
Shares of The First Bancorp (NASDAQ:FNLC) opened at 24.22 on Wednesday. The stock has a 50 day moving average price of $22.32 and a 200-day moving average price of $20.86. The First Bancorp has a 52-week low of $17.37 and a 52-week high of $24.25. The stock has a market capitalization of $261.21 million, a price-to-earnings ratio of 15.33 and a beta of 0.77.
The First Bancorp (NASDAQ:FNLC) last issued its quarterly earnings data on Wednesday, July 20th. The company reported $0.43 earnings per share (EPS) for the quarter. The First Bancorp had a return on equity of 10.03% and a net margin of 26.50%.
In related news, EVP F Stephen Ward sold 1,700 shares of The First Bancorp stock in a transaction that occurred on Monday, August 29th. The stock was sold at an average price of $22.15, for a total transaction of $37,655.00. Following the completion of the transaction, the executive vice president now directly owns 27,013 shares in the company, valued at approximately $598,337.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.62% of the company’s stock.
The First Bancorp Company Profile
The First Bancorp, Inc is the bank holding company of First National Bank (the Bank). The Bank offers a range of financial services to individuals and companies in coastal Maine. The Company, through First Advisors, an operating division of the Bank, offers a range of private banking, financial planning, investment management and trust services to individuals, businesses, non-profit organizations and municipalities of various asset sizes.
Receive News & Stock Ratings for The First Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The First Bancorp Inc. and related stocks with our FREE daily email newsletter.