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Bar Harbor Bankshares Announces Quarterly Cash Dividend Increase.


BAR HARBOR, Maine Bar Harbor, Maine, may refer to:
  • Bar Harbor (town), Maine
  • Bar Harbor (CDP), Maine, a census-designated place within the town of Bar Harbor
 -- Bar Harbor Bankshares (AMEX AMEX

See: American Stock Exchange
:BHB), today announced that its Board of Directors has declared a cash dividend of 22.5 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
 of common stock for the quarter ended March 31, 2006, representing an increase of one half-cent or 2.3% over the previous quarter's dividend, and an increase of one and one-half cents or 7.1% compared with the dividend paid for the same quarter in 2005. The quarterly cash dividend will be payable to all shareholders of record as of the close of business May 19, 2006, and will be paid on June 15, 2006.

Bar Harbor Bankshares is the parent company of its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Bar Harbor Bank & Trust. Bar Harbor Bank & Trust, founded in 1887, provides full service community banking with twelve branch office locations serving Down East and Mid Coast Maine.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Bar Harbor Bankshares Announces Quarterly Cash Dividend Increase.
Publication:Business Wire
Geographic Code:1USA
Date:Apr 18, 2006
Words:141
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