• Dividend History

    The First Bancorp not only has a strong earnings history, it also has a long-term record of sharing earnings with its shareholders. For many investors, cash dividends have become increasingly important given the mixed equity returns seen in the broad market during recent years and the favorable tax treatments that cash dividends receive.

    Dividends 2005-2015

    During the fourth quarter of 2016, the Company declared a cash dividend of 23 cents per share, this is equal to the dividend paid during the second and third quarters of 2016. In addition to the regular quarterly dividend, a special cash dividend of 12 cents per share was declared. We continue to pay our quarterly dividend because of the importance of this to the majority of our shareholders. With regular quarterly dividends of 91 cents per share and the special cash dividend of 12 cents per share, total dividends declared in 2016 were $1.03 per share which resulted in a dividend payout ratio of 61.31% for the year.

    The following table shows quarterly and annual historical information about The First Bancorp dividends:


     
    Date
    Declared
     
    Historical
    Dividend
     
    Adjusted
    Dividend
     
    Date
    Payable
     

     
    12/22/16 0.12 0.12 01/31/17
    12/22/16 0.23 0.23 01/31/17
    09/22/16 0.23 0.23 10/28/16
    06/23/16 0.23 0.23 07/29/16
     03/24/16 0.22 0.22 04/29/16
    12/17/15 0.22 0.22 01/29/16
    09/16/15 0.22 0.22 10/30/15
    06/17/15 0.22 0.22 07/31/15
     03/31/15 0.21 0.21 04/30/15
    12/31/14 0.21 0.21 01/30/15
    09/30/14 0.21 0.21 10/31/14
    06/30/14 0.21 0.21 07/31/14
     03/21/14 0.20 0.20 04/30/14
    12/19/13 0.20 0.20 01/31/14
    09/19/13 0.195 0.195 10/31/13
    06/20/13 0.195 0.195 07/31/13
    03/21/13   0.195   0.195   04/30/13  
    12/20/12 0.195 0.195 01/31/12
    09/20/12 0.195 0.195 10/31/12
    06/20/12 0.195 0.195 07/31/12
    03/15/12   0.195   0.195   04/30/12  
    12/15/11 0.195 0.195 01/31/12
    09/15/11 0.195 0.195 10/28/11
    06/15/11 0.195 0.195 07/29/11
    03/17/11   0.195   0.195   04/29/11  
    12/16/10 0.195 0.195 01/28/11
    09/16/10 0.195 0.195 10/29/10
    06/17/10 0.195 0.195 07/30/10
    03/18/10   0.195   0.195   04/30/10  
    12/17/09 0.195 0.195 01/29/10
    09/17/09 0.195 0.195 10/30/09
    06/18/09 0.195 0.195 07/31/09
    03/18/09   0.195   0.195   04/30/09  
    12/18/08 0.195 0.195 01/30/09
    09/18/08 0.195 0.195 10/31/08
    06/19/08 0.190 0.190 07/31/08
    03/20/08   0.185   0.185   04/30/08  
    12/20/07 0.180 0.180 01/31/08
    09/19/07 0.175 0.175 10/31/07
    06/21/07 0.170 0.170 07/31/07
    03/22/07   0.165   0.165   04/30/07  
    12/21/06 0.160 0.160 01/31/07
    09/21/06 0.155 0.155 10/31/06
    07/07/06 0.150 0.150 07/31/06
    03/16/06   0.145   0.145   04/28/06  
    12/15/05 0.140 0.140 01/31/06
    09/15/05 0.135 0.135 10/28/05
    06/16/05 0.130 0.130 07/29/05
    03/17/05   0.125   0.125   04/29/05  
    12/16/04 0.120 0.120 01/28/05
    09/16/04 0.115 0.115 10/29/04
    06/19/04 0.110 0.110 07/30/04
    04/27/04 200 %Stock Dividend 06/01/04
    03/11/04   0.310   0.103   04/30/04  
    12/18/03 0.300 0.100 01/30/04
    09/25/03 0.290 0.097 10/31/03
    06/19/03 0.280 0.093 07/31/03
    03/20/03   0.270   0.090   04/30/03  
    12/19/02 0.260 0.087 01/31/03
    09/19/02 0.250 0.083 10/31/02
    06/20/02 0.240 0.080 07/31/02
    03/27/02   0.230   0.077   04/30/02  
    12/20/01 0.220 0.073 01/31/02
    09/20/01 0.210 0.070 10/31/01
    06/14/01 0.200 0.067 07/31/01
    03/13/01   0.190   0.063   04/27/01  
    12/21/00 0.180 0.060 01/31/01
    09/21/00 0.170 0.057 10/27/00
    06/15/00 0.160 0.053 07/28/00
    03/23/00   0.150   0.050   04/28/00  
    12/16/99 0.140 0.047 01/28/00
    09/16/99 0.130 0.043 10/29/99
    06/21/99 0.120 0.040 07/30/99
    02/25/99   0.110   0.037   04/30/99  
    12/17/98 0.100 0.033 01/29/99
    12/17/98 0.050 0.017 01/29/99
    09/17/98 0.090 0.030 10/30/98
    06/18/98 0.080 0.027 07/31/98
    02/24/98   0.070   0.023   04/30/98  
    12/18/97 0.240 0.020 01/30/98
    12/18/97 0.240 0.020 01/30/98
    11/20/97 300% Stock Dividend 12/30/97
    09/18/97 0.230 0.019 10/30/97
    06/19/97 0.220 0.018 07/30/97
    03/20/97   0.210   0.018   04/30/97  
    12/19/96 0.200 0.017 01/30/97
    12/19/96 0.200 0.017 01/30/97
    09/19/96 0.190 0.016 10/30/96
    06/13/96 0.180 0.015 07/30/96
    03/21/96   0.170   0.014   04/30/96  
    12/21/95 0.160 0.013 01/31/96
    12/21/95 0.100 0.008 01/31/96
    09/21/95 0.150 0.013 10/30/95
    06/15/95 0.150 0.013 07/15/95
    03/16/95   0.140   0.012   04/15/95  
    12/15/94 0.140 0.012 01/15/95
    09/22/94 0.140 0.012 10/15/94
    06/16/94 0.140 0.012 07/15/94
    03/17/94   0.130   0.011   04/15/94  
    11/18/93 0.130 0.010 01/15/94
    11/18/93 10% Stock Dividend 01/15/94
    09/16/93 0.130 0.010 10/15/93
    06/17/93 0.130 0.010 07/15/93
    03/18/93   0.120   0.009   04/15/93  
    12/16/92 0.120 0.009 01/15/93
    09/17/92 0.120 0.009 10/15/92
    06/18/92 0.120 0.009 07/15/92
    03/19/92   0.120   0.009   04/15/92  
    12/19/91 0.120 0.009 01/01/92
    09/19/91 0.120 0.009 09/01/91
    06/10/91 0.120 0.009 07/01/91
    03/21/91   0.120   0.009   04/01/91  
    12/20/90 0.160 0.012 01/01/91
    09/20/90 0.160 0.012 10/01/90
    05/17/90 0.160 0.012 07/01/90
    03/15/90 0.160 0.012 04/01/90

     
    Year
    Ending
     
    Historical
    Dividend
     
    Adjusted
    Dividend
     
    Dividend
    Yield
     
    Stock Splits and
    Stock Dividends
     
     

     
    12/31/16 1.03 1.03 3.11%  
    12/31/15 0.87 0.87 4.30%  
    12/31/14 0.83 0.83 4.59%  
    12/31/13 0.785 0.785 4.54%  
    12/31/12 0.78 0.78 4.74%  
    12/31/11 0.78 0.78 5.07%  
    12/31/10 0.78 0.78 4.94%  
    12/31/09 0.78 0.78 5.06%  
    12/31/08 0.78 0.78 4.30%  
    12/31/07 0.69 0.69 4.71%  
    12/31/06 0.61 0.61 3.57%  
    12/31/05 0.53 0.53 3.01%  
    12/31/04 0.45 0.45 2.57% 200% Stock Dividend
    12/31/03 1.14 0.38 2.28%  
    12/31/02 0.98 0.33 4.43%  
    12/31/01 0.82 0.27 5.29%  
    12/31/00 0.66 0.22 4.06%  
    12/31/99 0.50 0.17 2.22%  
    12/31/98 0.39 0.13 2.84%  
    12/31/97 0.29 0.10 2.83% 300% Stock Dividend
    12/31/96 0.94 0.08 2.85%  
    12/31/95 0.70 0.06 2.80%  
    12/31/94 0.55 0.05 2.68%  
    12/31/93 0.51 0.04 3.40% 10% Stock Dividend
    12/31/92 0.48 0.04 3.00%  
    12/31/91 0.48 0.04 2.49%  
    12/31/90 0.64 0.05 3.12%  
    12/31/89 0.61 0.05 3.17% 4-for-1 Stock Split
    12/31/88 2.25 0.04 3.00%  
    12/31/87 2.00 0.04 3.42%  
    12/31/86 1.60 0.03 3.40%  
    12/31/85 1.55 0.03 3.97%  
    12/31/84 1.06 0.02 3.31%  
    12/31/83 1.23 0.02 4.92%  
    12/31/82 0.92 0.02 4.18% 5-for-1 Stock Split
    12/31/81 4.00 0.02 3.64%  
    12/31/80 3.50 0.01 3.18%  
    12/31/79 3.30 0.01 3.00%  
    12/31/78 3.10 0.01 2.98%  
    12/31/77 3.00 0.01 2.88%  
    12/31/76 3.00 0.01 2.88%  
    12/31/75 3.00 0.01 3.53%  
    12/31/74 2.50 0.01 3.13%  
    12/31/73 2.37 0.01 4.06% 3-for-1 Stock Split
    12/31/72 6.50 0.01 4.33%  
    12/31/71 5.50 0.01 4.23%  
    12/31/70 5.00 0.01 4.00%  
    12/31/69 5.00 0.01 5.00%  
    12/31/68 3.65 0.00 3.65%  
    12/31/67 3.40 0.00 3.58%  
    12/31/66 3.15 0.00 3.71%  

     
    Historical Dividends represent the actual cash dividend paid while Adjusted Dividends reflect the effect of stock splits.  
    The information presented in this table has been compiled from historical resources and is believed to be accurate.  
    Past performance is no guarantee of future results.  
    Statistics prior to 1985 are for The First National Bank of Damariscotta, while 1985 and after are for First National Lincoln Corporation.