First Bancorp Announces Increased Quarterly Dividend

First Bancorp ( (FNLC) ) has shared an announcement.

On June 26, 2025, The First Bancorp announced a quarterly cash dividend of 37 cents per share, payable on July 18, 2025, to shareholders of record as of July 8, 2025. This marks an increase of one cent per share from previous quarters, continuing the company’s 11-year trend of raising dividends. The dividend increase reflects the Board’s commitment to shareholder participation in the company’s success, offering an attractive yield of 5.99% based on the closing share price of $24.70 on June 25, 2025.

Spark’s Take on FNLC Stock

According to Spark, TipRanks’ AI Analyst, FNLC is a Outperform.

First Bancorp’s overall stock score is driven primarily by its strong financial performance, which indicates consistent growth and profitability. The valuation is favorable with a low P/E ratio and high dividend yield, making it appealing for value and income investors. However, technical analysis points to neutral to bearish momentum, which slightly tempers the overall score.

To see Spark’s full report on FNLC stock, click here.

More about First Bancorp

The First Bancorp, headquartered in Damariscotta, Maine, is the holding company for First National Bank. Founded in 1864, the Bank serves Mid-Coast and Down East Maine with eighteen offices in Lincoln, Knox, Hancock, Penobscot, Waldo, and Washington Counties. The Bank provides a full range of consumer and commercial banking products and services. First National Wealth Management, a division of First National Bank, provides investment management and trust services from five offices in Lincoln, Knox, Penobscot, and Hancock Counties.

Average Trading Volume: 17,693

Technical Sentiment Signal: Buy

Current Market Cap: $276.7M

For an in-depth examination of FNLC stock, go to TipRanks’ Overview page.