First Bancorp, Inc (ME) (NASDAQ:FNLC) Declares Quarterly Dividend of $0.37

First Bancorp, Inc (ME) (NASDAQ:FNLC) declared a quarterly dividend on Thursday, March 26th. Investors of record on Tuesday, April 7th will be given a dividend of 0.37 per share by the bank on Friday, April 17th. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is Tuesday, April 7th.

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

First Bancorp, Inc (ME) Stock Up 0.6%

First Bancorp, Inc (ME) stock opened at $28.04 on Friday. The stock has a market cap of $316.01 million, a PE ratio of 9.13 and a beta of 0.58. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.88 and a quick ratio of 0.88. The stock’s fifty day moving average is $27.99 and its two-hundred day moving average is $26.74. First Bancorp, Inc has a 1-year low of $22.11 and a 1-year high of $30.33.

First Bancorp, Inc (ME) (NASDAQ:FNLC) last released its quarterly earnings data on Wednesday, January 21st. The bank reported $0.91 earnings per share (EPS) for the quarter. First Bancorp, Inc (ME) had a return on equity of 12.70% and a net margin of 19.36%.The business had revenue of $21.81 million during the quarter.

First Bancorp, Inc (ME) Company Profile

First Bancorp, Inc (NASDAQ: FNLC) is a Maine-based bank holding company headquartered in Dover-Foxcroft. Through its principal subsidiary, The First National Bank of Dover-Foxcroft, the company provides a full suite of community banking services to individuals, small businesses and nonprofit organizations. Its core deposit offerings include checking, savings, money market and certificate of deposit accounts, complemented by online and mobile banking platforms.

On the lending side, First Bancorp’s product portfolio spans consumer and residential mortgage loans as well as commercial and agricultural lending.