Bar Harbor Bankshares Declares Quarterly Cash Dividend
11 Januar 2017 - 10:45PM
Business Wire
Bar Harbor Bankshares (NYSE MKT: BHB), today announced that its
Board of Directors declared at its January 10, 2017 meeting, a
quarterly cash dividend of 28.0 cents per share of common stock,
representing an increase of 1.5 cents, or 5.7%, compared with the
first quarter of 2016. The quarterly cash dividend is payable to
all shareholders of record as of the close of business February 15,
2017 and will be paid on March 15, 2017.
In making the announcement, the Company’s President and Chief
Executive Officer, Curtis C. Simard, commented, “We had a strong
finish to the year driven by organic growth and expense management
while we continued preparing for the imminent close of our Lake
Sunapee Bank Group acquisition with the related core systems
conversion planned for the second quarter. Our current dividend
policy reflects the importance of dividends to our shareholders,
and we will continue to assess appropriate dividend levels going
forward commensurate with the Bank’s strong performance and overall
economic conditions.”
Bar Harbor Bankshares is the parent company of its wholly owned
subsidiary, Bar Harbor Bank & Trust. Bar Harbor Bank &
Trust, founded in 1887, provides full service community banking
with fourteen branch office locations serving downeast, midcoast,
and central Maine.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170111006131/en/
Bar Harbor BanksharesCurtis C. Simard,
207-288-3314President and CEO
Bar Harbor Bankshares (AMEX:BHB)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Bar Harbor Bankshares (AMEX:BHB)
Historical Stock Chart
Von Jul 2023 bis Jul 2024