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Katahdin Bankshares Corp. operates as the bank holding company for Katahdin Trust Company, a state-chartered commercial bank that provides a range of commercial and retail banking services for individuals and businesses in Maine. It provides various deposit products comprising checking and savings accounts, money market and NOW accounts, certificates of deposit, individual retirement accounts, and Coverdell education savings accounts. The company also offers mortgage, construction, homebuyer, home equity, rural development, and personal loans; and business loans and lines of credit comprising business term, municipal, and small business administration loans, as well as business mortgages, business letters of credit, agency guaranteed programs. In addition, it provides online and telephone banking, bill payment, and e-check deposit, reorder checks, money and wire transfer, debit and credit cards, gift cards, ATMs, and merchant services. Further, the company offers equipment financing services in the trucking, construction, forest products, and marine industries; and securities and insurance products. It operates 16 full-service branches in northern Maine, greater Bangor, and Portland regions. The company was founded in 1918 and is based in Patten, Maine.

Katahdin Bankshares Dividend Announcement

Katahdin Bankshares announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-13
Katahdin Bankshares annual dividend for 2024 was $0.52
Katahdin Bankshares annual dividend for 2023 was $0.61
Katahdin Bankshares's trailing twelve-month (TTM) dividend yield is 3.51%
Katahdin Bankshares's dividend growth over the last five years (2018-2023) was 7.17% year
Katahdin Bankshares's dividend growth over the last ten years (2013-2023) was 4.43% year

Katahdin Bankshares Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13$0.17quarterly2024-09-20
2024-06-14$0.17quarterly2024-06-21
2024-03-14$0.17quarterly2024-03-22
2023-12-14$0.15quarterly2023-12-22
2023-09-14$0.15quarterly2023-09-22
2023-06-15$0.15quarterly2023-06-23
2023-03-16$0.15quarterly2023-03-24
2022-12-15$0.14quarterly2022-12-23
2022-09-15$0.14quarterly2022-09-23
2022-06-15$0.14quarterly2022-06-23
2022-03-16$0.14quarterly2022-03-24
2021-12-15$0.12quarterly2021-12-23
2021-09-15$0.12quarterly2021-09-23
2021-06-15$0.12quarterly2021-06-23
2021-03-15$0.12quarterly2021-03-23
2020-12-15$0.12quarterly2020-12-23
2020-09-14$0.12quarterly2020-09-22
2020-06-12$0.12quarterly2020-06-22
2020-03-12$0.12quarterly2020-03-20
2019-12-12$0.11quarterly2019-12-20
2019-09-12$0.11quarterly2019-09-20
2019-06-13$0.11quarterly2019-06-21
2019-03-14$0.11quarterly2019-03-22
2018-12-12$0.11quarterly2018-12-20
2018-09-12$0.11quarterly2018-09-20
2018-06-14$0.11quarterly2018-06-22
2018-03-14$0.11quarterly2018-03-22
2017-12-13$0.10quarterly2017-12-21
2017-09-14$0.10quarterly2017-09-22
2017-06-14$0.10quarterly2017-06-23
2017-03-15$0.10quarterly2017-03-24
2016-12-07$0.10quarterly
2016-09-07$0.10quarterly
2016-06-08$0.10quarterly
2016-03-08$0.10quarterly
2015-12-07$0.10quarterly
2015-09-04$0.10quarterly
2015-06-05$0.10quarterly
2015-03-12$0.10quarterly
2014-12-05$0.10quarterly
2014-09-05$0.10quarterly
2014-06-09$0.10quarterly
2014-03-06$0.10quarterly
2013-12-05$0.10quarterly
2013-09-05$0.10quarterly
2013-06-06$0.10quarterly
2013-03-07$0.10quarterly

Katahdin Bankshares Dividend per year

Katahdin Bankshares Dividend growth

Katahdin Bankshares Dividend Yield

Katahdin Bankshares current trailing twelve-month (TTM) dividend yield is 3.51%. Interested in purchasing Katahdin Bankshares stock? Use our calculator to estimate your expected dividend yield:

Katahdin Bankshares Financial Ratios

P/E ratio8.95
PEG ratio1.54
P/B ratio0.82
ROE9.61%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Katahdin Bankshares Dividend FAQ

How much is the next Katahdin Bankshares dividend?
Katahdin Bankshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Katahdin Bankshares dividend. The next Katahdin Bankshares dividend will be released in March, June, September, or December.
When is Katahdin Bankshares dividend paid?
Katahdin Bankshares pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Katahdin Bankshares pay?
The specific amount of Katahdin Bankshares dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Katahdin Bankshares's dividend history.
Does Katahdin Bankshares stock pay dividends?
Yes, Katahdin Bankshares does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Katahdin Bankshares's dividend history.
How much dividend does Katahdin Bankshares pay?
Katahdin Bankshares paid $0.525 in 2024, $0.608 in 2023, $0.552 in 2022, $0.5 in 2021, and $0.474 in 2020.
How often does Katahdin Bankshares pay dividends?
Katahdin Bankshares typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Katahdin Bankshares's dividend yield?
The current dividend yield for Katahdin Bankshares is 3.51%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Katahdin Bankshares's exact dividend yield.
When does Katahdin Bankshares go ex dividend?
Katahdin Bankshares's ex-dividend date for the latest dividend was on 2024-09-13. Katahdin Bankshares typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Katahdin Bankshares dividend paid?
Katahdin Bankshares pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Katahdin Bankshares increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Katahdin Bankshares will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Katahdin Bankshares dividend per share?
Katahdin Bankshares paid $0.525 per share in 2024 and $0.608 per share in 2023. The amount of dividend per share that Katahdin Bankshares pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Katahdin Bankshares a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Katahdin Bankshares a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Katahdin Bankshares a dividend stock?
Yes, Katahdin Bankshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Katahdin Bankshares a good dividend stock?
Whether Katahdin Bankshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Katahdin Bankshares has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Katahdin Bankshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Katahdin Bankshares pay dividends monthly?
Katahdin Bankshares typically pays dividends on a quarterly basis.
Does Katahdin Bankshares pay dividends quarterly?
Katahdin Bankshares currently pays dividends on a quarterly basis.
Has Katahdin Bankshares ever paid a dividend?
Yes, Katahdin Bankshares has a history of paying dividends to its shareholders. Katahdin Bankshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Katahdin Bankshares dividend stocks?
To buy Katahdin Bankshares you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Katahdin Bankshares stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Katahdin Bankshares pay dividends 2024?
Katahdin Bankshares pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Katahdin Bankshares increase its dividend in 2024?
Decisions regarding Katahdin Bankshares dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Katahdin Bankshares dividend overview you can look into the above table of dividend history.
How Katahdin Bankshares dividend works?
The Katahdin Bankshares dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Katahdin Bankshares's dividend process works:

1. Determination of Dividend: Katahdin Bankshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Katahdin Bankshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Katahdin Bankshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Katahdin Bankshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Katahdin Bankshares dividends paid?
Katahdin Bankshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Katahdin Bankshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Katahdin Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Katahdin Bankshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Katahdin Bankshares pay dividends?
Katahdin Bankshares typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Katahdin Bankshares pay dividends?
The general pattern is that Katahdin Bankshares pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Katahdin Bankshares dividend safe?
The safety of Katahdin Bankshares's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Katahdin Bankshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Katahdin Bankshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.