Katahdin Bankshares Corp. announces 20.6% dividend increase
Patten Maine, June 3, 2008. Katahdin Bankshares Corp., parent company of Katahdin Trust Company, today announced that it has declared a cash dividend of $.082 per share for the second quarter of 2008. In making the announcement Jon J. Prescott, Katahdin Trust Company President & CEO stated that it represented a 20.6% increase over last year’s second quarter dividend. The dividend will be payable on June 27, 2008 to all shareholders of record as of June 13, 2008.
Katahdin Bankshares Corp. stock is quoted on the NASDAQ Over-the-Counter Bulletin Board (OTCBB) under the symbol KTHN. Current stock information can be found on the OTCBB website at www.otcbb.com.
Katahdin Trust Company, established in 1918, provides banking services to individuals and businesses from 14 offices in northern Maine, online at www.katahdintrust.com and operates loan production offices in Bangor and Scarborough.
