Bar Harbor Bankshares Increases Quarterly Cash Dividend From $0.28 To $0.30 Per Share
Bar Harbor Bankshares Increases Quarterly Cash Dividend From $0.28 To $0.30 Per Share
DIVIDEND DECLARED AND STOCK REPURCHASE PLAN APPROVED
宣布分红并批准股票回购计划
The Board of Directors of the Company (the "Board") voted to declare a cash dividend of $0.30 per share to shareholders at the close of business on May 16, 2024 payable on June 14, 2024. This dividend equates to a 4.53% annualized yield based on the $26.48 closing share price of the Company's common stock on March 28, 2024, the last trading day of the first quarter 2024. Additionally, the Board authorized the repurchase of up to 5% of the Company's outstanding common stock, representing approximately 761,000 shares as of March 31, 2024 under a share repurchase plan (the "Plan"). The Plan is authorized to last no longer than twelve months.
公司董事会（“董事会”）投票宣布在2024年5月16日营业结束时向股东派发每股0.30美元的现金股息，将于2024年6月14日支付。根据2024年3月28日（2024年第一季度最后一个交易日）公司普通股收盘价26.48美元，该股息相当于4.53％的年化收益率。此外，董事会授权根据股票回购计划（“计划”）回购公司高达5％的已发行普通股，相当于截至2024年3月31日的约76.1万股股票。该计划的授权有效期不超过十二个月。