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Katahdin Bankshares declares common, preferred stock dividends.

BANKING AND CREDIT NEWS-November 29, 2016-Katahdin Bankshares declares common, preferred stock dividends

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Patten, Maine-based Katahdin Bankshares Corp (OTCQX: KTHN) has declared a cash dividend on its common stock of USD.10 per share for the fourth quarter of 2016, the company said.

The common stock dividend will be payable on December 23, 2016 to shareholders of record as of December 9, 2016.

The company also declared a cash dividend on its preferred stock Series D of USD54.6875 per share for the fourth quarter of 2016.

The preferred stock Series D dividend will be payable on January 15, 2017 to shareholders of record as of January 5, 2017.

Katahdin Bankshares Corp operates as a 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.

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Publication:M2 Banking & Credit News (BCN)
Date:Nov 29, 2016
Words:160
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