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The First Bancorp Declares First Quarter Dividend

1. FNLC declared a quarterly cash dividend of 36 cents per share. 2. Dividend is payable April 18, 2025 to shareholders of record by April 8.

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Why Bullish?

The declaration of a dividend indicates financial stability and profitability. Previous dividend announcements often correlate with positive price movements for FNLC.

How important is it?

The announcement of a dividend is significant as it reflects FNLC's earnings and reassurance to investors. It generally enhances the attractiveness of the stock in a competitive market.

Why Long Term?

Dividends contribute to shareholder value over time and indicate sustained performance. Historical trends show that consistent dividends can lead to long-term investor confidence.

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DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This first quarter dividend is payable April 18, 2025 to shareholders of record as of April 8, 2025. "I am pleased to announce that the Board of Directors has authorized a dividend of 36 cents per share for the first quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly divid.

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