Katahdin Bankshares Corp. announces quarterly dividend increase for shareholders

Jon J. Prescott, President & CEO
Jon J. Prescott, President & CEO
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Katahdin Bankshares Corp., the parent company of Katahdin Trust Company, announced on May 27 that it has declared a cash dividend of $0.23 per share for the second quarter of 2026. The dividend will be payable on June 22 to shareholders of record as of June 8.

The company said this dividend represents a 13.6% increase over last year’s second-quarter dividend.

Katahdin Bankshares Corp. is the bank holding company for Katahdin Trust Company, which was founded in 1918 and is based in Houlton, Maine. The community bank operates 16 locations and manages more than $1.12 billion in assets. Common stock for Katahdin Bankshares Corp. is quoted on the OTC Markets (OTCQX) under the symbol KTHN.

More information about Katahdin Trust Company can be found at www.katahdintrust.com or by following their social media channels.

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