Bar Harbor Bankshares Plans Quarterly Dividend of $0.19 (BHB)

Bar Harbor Bankshares (NYSEAMERICAN:BHB) declared a quarterly dividend on Thursday, January 18th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.1867 per share by the financial services provider on Thursday, March 15th. This represents a $0.75 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date is Wednesday, February 14th.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) traded up $0.07 during trading hours on Thursday, reaching $28.10. 24,300 shares of the company’s stock were exchanged, compared to its average volume of 26,391. The stock has a market capitalization of $437.79, a P/E ratio of 18.13 and a beta of 0.80. Bar Harbor Bankshares has a 12 month low of $25.09 and a 12 month high of $33.41.

Bar Harbor Bankshares (NYSEAMERICAN:BHB) last posted its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.57 earnings per share for the quarter. Bar Harbor Bankshares had a net margin of 28.31% and a return on equity of 9.87%.

In other Bar Harbor Bankshares news, Director Stephen W. Ensign sold 1,100 shares of the firm’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $31.02, for a total transaction of $34,122.00. Following the completion of the transaction, the director now directly owns 50,655 shares of the company’s stock, valued at approximately $1,571,318.10. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John M. Mercier acquired 1,000 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were bought at an average cost of $27.88 per share, with a total value of $27,880.00. Following the completion of the acquisition, the executive vice president now owns 1,000 shares in the company, valued at $27,880. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 1,130 shares of company stock valued at $31,506 and have sold 5,558 shares valued at $172,085.

Separately, TheStreet raised shares of Bar Harbor Bankshares from a “c+” rating to a “b” rating in a research note on Monday, October 16th.

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About Bar Harbor Bankshares

Bar Harbor Bankshares is a bank holding company. The Company’s operating subsidiary, Bar Harbor Bank & Trust (the Bank), is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services, a Maine chartered non-depository trust company.

Dividend History for Bar Harbor Bankshares (NYSEAMERICAN:BHB)

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