Sandy Spring Bancorp, Inc. (SASR) Raises Quarterly Dividend 25% to $0.10; 2.3% Yield

Sandy Spring Bancorp, Inc. (NASDAQ: SASR) declared a quarterly dividend of $0.10 per share, or $0.4 annualized. This is a 25% increase from the prior dividend of $0.08.

The dividend will be payable on November 16, 2011, to stockholders of record on November 9, 2011, with an ex-dividend date of November 7, 2011.

The annual yield on the dividend is 2.3 percent.

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