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.

5 Day Chart for NASDAQ:FNLC

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