First Bancorp, Inc (ME) (NASDAQ:FNLC – Get Free Report) declared a quarterly dividend on Thursday, March 26th. Shareholders of record on Tuesday, April 7th will be given a dividend of 0.37 per share by the bank on Friday, April 17th. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Tuesday, April 7th.
First Bancorp, Inc (ME) has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 6 consecutive years.
First Bancorp, Inc (ME) Stock Performance
Shares of FNLC stock opened at $28.60 on Friday. First Bancorp, Inc has a 1-year low of $22.11 and a 1-year high of $30.33. The firm has a market cap of $322.32 million, a PE ratio of 9.32 and a beta of 0.52. The company has a 50-day moving average of $28.12 and a two-hundred day moving average of $26.79. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.88 and a quick ratio of 0.88.
Analyst Ratings Changes
Separately, Weiss Ratings raised First Bancorp, Inc (ME) from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on First Bancorp, Inc (ME)
First Bancorp, Inc (ME) Company Profile
First Bancorp, Inc (NASDAQ: FNLC) is a Maine-based bank holding company headquartered in Dover-Foxcroft. Through its principal subsidiary, The First National Bank of Dover-Foxcroft, the company provides a full suite of community banking services to individuals, small businesses and nonprofit organizations. Its core deposit offerings include checking, savings, money market and certificate of deposit accounts, complemented by online and mobile banking platforms.
On the lending side, First Bancorp’s product portfolio spans consumer and residential mortgage loans as well as commercial and agricultural lending.
Further Reading
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