First Bancorp, Inc (ME) (NASDAQ:FNLC) Stock to Pay Quarterly Dividend of $0.38

First Bancorp, Inc (ME) (NASDAQ:FNLC – Get Free Report) declared a quarterly dividend on Thursday, September 24th. Investors of record on Tuesday, October 6th will be paid a dividend of $0.38 per share by the bank on Friday, October 16th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Tuesday, October 6th.

First Bancorp, Inc (ME) has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 6 years.

First Bancorp, Inc (ME) Price Performance

Shares of NASDAQ:FNLC opened at $34.08 on Friday. The company’s fifty day moving average is $34.92 and its two-hundred day moving average is $31.67. The company has a market cap of $384.42 million, a P/E ratio of 10.11 and a beta of 0.49. First Bancorp, Inc has a 12-month low of $24.08 and a 12-month high of $36.30. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.12.

First Bancorp, Inc (ME) (NASDAQ:FNLC – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The bank reported $0.85 EPS for the quarter. The firm had revenue of $25.82 million for the quarter. First Bancorp, Inc (ME) had a return on equity of 13.30% and a net margin of 21.43%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “buy (b)” rating on shares of First Bancorp, Inc (ME) in a research note on Monday, September 14th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, First Bancorp, Inc (ME) currently has an average rating of “Buy”.

Get Our Latest Analysis on First Bancorp, Inc (ME)

First Bancorp, Inc (ME) Company Profile

(Get Free Report)

First Bancorp, Inc is a bank holding company headquartered in Damariscotta, Maine. Its principal subsidiary, First National Bank, provides community banking services to individuals, families, businesses and municipal organizations through its branch network and digital banking channels.

The bank’s products and services include checking and savings accounts, certificates of deposit, residential mortgages, consumer loans, commercial real estate financing, business loans and cash-management services.

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Dividend History for First Bancorp, Inc (ME) (NASDAQ:FNLC)

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