Bar Harbor Bankshares hikes dividend by 8.3%

Bar Harbor Bankshares (BHB) will raise its quarterly dividend by 8.3 percent to 26 cents per share. This marks the 19th year of higher dividend payments by the bank holding company. The new dividend yield for BHB is 3.4%.

Bar Harbor Bankshares is a bank holding company. The Company's operating subsidiary 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.