First National Bank declared a quarterly dividend of 24 cents per share June 29. This second-quarter dividend is payable July 28 to shareholders of record as of July 10, and is up one cent from the 23 cents per share the company paid in each of the past four quarters. Based on the June 28 closing price of $27.50 per share, the annualized dividend of 96 cents per share translates into a yield of 3.49 percent.

For more information, contact F. Stephen Ward, the First Bancorp's treasurer and chief financial officer, at 563-3272..