Katahdin Bankshares Corp. announced that it has declared a cash dividend of $0.138 per share for the third quarter of 2022. In making the announcement, Jon J. Prescott, Katahdin Trust President & CEO, stated that it represented a 10.4% increase over last year's third quarter dividend.

The dividend will be payable on September 23, 2022, to shareholders of record as of September 16, 2022.