Bar Harbor Bankshares 8-K, filed Apr 22, 2021
Bar Harbor Bankshares (BHB)
About this 8-K
Bar Harbor Bankshares filed this 8-K on April 22, 2021.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Item 8.01 Other Events
On April 22, 2021, Bar Harbor Bankshares announced that the company’s Board of Directors declared a quarterly cash dividend of $0.24 per share to shareholders of record at the close of business on May 18, 2021 and payable on June 18, 2021. A copy of the press release is filed hereto as Exhibit 99.1
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. |
| Description |
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99.1 104 | | Press Release dated April 22, 2021 Cover Page Interactive Data File (embedded within the inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| Bar Harbor Bankshares | |
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April 22, 2021 | By: | /s/ Curtis C. Simard |
| | Curtis C. Simard |
| | President and CEO |
Exhibit 99.1
Bar Harbor Bankshares Declares 9% Increase to Quarterly Cash Dividend
BAR HARBOR, MAINE – April 22, 2021 -- Bar Harbor Bankshares (NYSE American: BHB or the “Company”), announced that its Board of Directors voted at its April 20, 2021 meeting, to increase the quarterly cash dividend by $0.02 per share, or 9%, to $0.24 per share, and declared a dividend of $0.24 to shareholders of record at the close of business May 18, 2021, payable on June 18, 2021. The dividend equates to a 3.26% annualized yield based on a $29.42 closing price of the Company’s common stock at the end of the first quarter 2021.
Bar Harbor Bankshares is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Founded in 1887, Bar Harbor Bank & Trust is a true community bank serving the financial needs of its clients for over 130 years. Bar Harbor provides full service community banking with office locations in all three Northern New England states of Maine, New Hampshire, and Vermont. For more information, visit www.barharbor.bank.
Contact
Bar Harbor Bankshares
Josephine Iannelli
EVP, Chief Financial Officer & Treasurer
(207) 288-3314
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