The Board of Directors of The First Bancorp, the parent company of First National Bank, Sept. 28 declared a quarterly dividend of 24 cents per share. This third-quarter dividend is payable Oct. 31 to shareholders of record as of Oct. 13. Based on the Sept. 27 closing price of $30.39 per share, the annualized dividend of 96 cents per share translates into a yield of 3.16 percent.