Bar Harbor Bankshares announced that its Board of Directors declared a quarterly cash dividend of 30.5 cents per share of common stock, representing an increase of 0.5 cents, or 1.6% compared with the prior quarter, and an increase of 2.0 cents or 7.0% compared with the first quarter of 2012. The quarterly cash dividend is payable to all shareholders of record as of the close of business February 15, 2013 and will be paid on March 15, 2013.