Bar Harbor Bankshares Raises Dividend 7% to 32 Cents

Dow Jones

Apr 18, 2025

By Connor Hart

Bar Harbor Bankshares increased its dividend to 32 cents from 30 cents.

The new payout, equal to $1.28 a year, represents an annual yield of about 4.4% based on Thursday's closing price of $28.98.

The higher dividend will be paid June 13 to shareholders of record as of May 15, the parent of Bar Harbor Bank & Trust said.

Bar Harbor raised its dividend as it logged net income of $10.2 million, or 66 cents a share, in the first quarter, compared with net income of $11 million, or 72 cents a share, a year earlier. Adjusted per-share earnings came in at 68 cents.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

April 17, 2025 17:52 ET (21:52 GMT)

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Adjusted per-share earnings came in at 68 cents.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BHB":"Bar Harbor Bankshares","BK4211":"区域性银行"},"translate_title":"Bar Harbor Bankshares将股息提高7%至32美分","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BHB":1},"content_text":"By Connor Hart \n\n\n \n\n\nBar Harbor Bankshares increased its dividend to 32 cents from 30 cents. \n\n\n  The new payout, equal to $1.28 a year, represents an annual yield of about 4.4% based on Thursday's closing price of $28.98. \n\n\n  The higher dividend will be paid June 13 to shareholders of record as of May 15, the parent of Bar Harbor Bank & Trust said. \n\n\n  Bar Harbor raised its dividend as it logged net income of $10.2 million, or 66 cents a share, in the first quarter, compared with net income of $11 million, or 72 cents a share, a year earlier. Adjusted per-share earnings came in at 68 cents. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 17, 2025 17:52 ET (21:52 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}