Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.152 per share for the fourth quarter of 2023. In making the announcement, Jon J. Prescott, Katahdin Trust President & CEO, stated that it represented a 10.1% increase over last year's fourth-quarter dividend.

The dividend will be payable on December 22, 2023, to shareholders of record as of December 15, 2023.