Salisbury Bancorp (SAL) Announces Increase in Quarterly Dividend
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Salisbury Bancorp, Inc. (Amex: SAL) declared a $.28 per common share quarterly cash dividend at their May 30, 2008 meeting. Dividends year-to-date for 2008 total $.56 per common share. This represents an increase of $.02 or 3.7% over the $.54 per share cash dividends paid during the same period in 2007. The quarterly cash dividend will be paid on July 31, 2008 to shareholders of record as of June 30, 2008.
Salisbury Bancorp, Inc. is a holding company of its sole subsidiary, the Salisbury Bank and Trust Company (the Bank), which accounts for most of the Company's net income. [SM]
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