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.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another domain, it was stolen and republished in violation of United States and international copyright & trademark laws. The correct version of this news story can be viewed at

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)

Receive News & Ratings for Bar Harbor Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bar Harbor Bankshares and related companies with's FREE daily email newsletter.

Leave a Reply