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Katahdin Bankshares Corp. Announces Quarterly Dividend

Katahdin Bankshares Corp. (OTCQX: KTHN), the parent organization of Katahdin Trust Company, has officially declared a cash dividend of $0.2025 per share for the second quarter of 2025. This announcement, made on May 28, 2025, is significant as it reflects a 15.7% increase compared to the dividend issued during the same quarter last year.

The dividend will be payable on June 20, 2025, for shareholders on record by June 13, 2025. This move underscores the bank's strong financial performance, driven by strategic management and operational efficiencies. The increase in dividends is a positive signal to investors, indicating the board’s confidence in the bank's continued success and profitability.

About Katahdin Bankshares Corp.

Founded in 1918, Katahdin Trust is a community banking institution located in Houlton, Maine. The bank prides itself on its commitment to serving its local communities and has expanded its reach across 16 locations. With over $1.08 billion in assets, Katahdin Trust has established itself as a reliable financial partner for individuals and businesses alike in the region.

Katahdin Bankshares Corp. trades under the symbol KTHN on the OTC Markets, providing an opportunity for investors to engage with a well-established bank holding company.

The bank emphasizes its service to the community and aims to foster lasting relationships with its clients through personalized banking solutions. Its objectives align with providing financial services that address the evolving needs of the community.

Moreover, the increase in dividends reflects the organization's successful strategies tailored towards enhancing shareholder value. It seeks to balance growth initiatives with rewarding its investors, a hallmark of its long-term goals.

Katahdin Trust engages actively with its stakeholders and proudly shares updates regarding its operations and achievements through various media channels, including their official website, which can be visited at www.katahdintrust.com. The organization also maintains a presence on social media platforms, enhancing its communication with current and prospective clients.

In summary, the recent announcement of the dividend increase not only demonstrates Katahdin Bankshares Corp.'s solid financial health but also exemplifies its commitment to enriching the shareholder experience. As they continue to serve the people of Maine, the company's focus remains on delivering high-quality banking services while fostering a sense of community trust and support.

For investors, keeping an eye on such developments is crucial, as dividends can often signal the overall health and profitability of a company. As Katahdin Bankshares Corp. continues its operations into the second quarter of 2025, it appears well-positioned to maintain its growth trajectory while ensuring that all stakeholders benefit from its success.

Always stay updated with Katahdin Trust’s announcements and financial news for the latest insights into their performance and strategic direction in the banking sector.