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
Date of Report (Date of earliest event reported):
(Exact Name of Registrant as Specified in its Charter)
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(Zip Code) | ||
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On October 21, 2020, Bar Harbor Bankshares announced that the company’s Board of Directors declared a quarterly cash dividend of $0.22 per share to shareholders of record at the close of business on November 18, 2020 and payable on December 18, 2020. 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 |
99.1 104 | Press Release dated October 21, 2020 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 | ||
October 21, 2020 | By: | /s/ Curtis C. Simard |
Curtis C. Simard | ||
President and CEO |
Exhibit 99.1
Bar Harbor Bankshares Declares Quarterly Cash Dividend
BAR HARBOR, MAINE – October 21, 2020 -- Bar Harbor Bankshares (NYSE American: BHB or the “Company”), announced that its Board of Directors declared at its October 20, 2020 meeting, a quarterly cash dividend of $0.22 per share of common stock to shareholders of record at the close of business on November 18, 2020, payable on December 18, 2020. This dividend equates to a 4.28% annualized yield based on the $20.55 closing price of the Company's common stock at the end of the third quarter of 2020.
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
A
Document and Entity Information |
Oct. 20, 2020 |
---|---|
Document and Entity Information [Abstract] | |
Document Type | 8-K |
Document Period End Date | Oct. 21, 2020 |
Entity File Number | 001-13349 |
Entity Registrant Name | BAR HARBOR BANKSHARES |
Entity Incorporation, State or Country Code | ME |
Entity Tax Identification Number | 01-0393663 |
Entity Address, Address Line One | PO Box 400 |
Entity Address, Adress Line Two | 82 Main Street |
Entity Address, City or Town | Bar Harbor |
Entity Address, Postal Zip Code | 04609-0400 |
Entity Address, Country | ME |
City Area Code | 207 |
Local Phone Number | 288-3314 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, par value $2.00 per share |
Trading Symbol | BHB |
Security Exchange Name | NYSEAMER |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0000743367 |
Amendment Flag | false |
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