Carolina Financial (CARO) Raises Quarterly Dividend 20% to $0.03; 0.7% Yield

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Go back to Carolina Financial (CARO) Raises Quarterly Dividend 20% to $0.03; 0.7% Yield

Carolina Financial Corporation Board of Directors Approves Quarterly Cash Dividend

July 27, 2015 12:23 PM EDT

CHARLESTON, S.C., July 27, 2015 /PRNewswire/ -- Carolina Financial Corporation (NASDAQ: CARO) announced today that its Board of Directors approved a quarterly cash dividend of $0.03 per share on July 22, 2015. Adjusted for the six for five stock dividend which will be paid on July 31, 2015, this represents a 20% increase in the cash dividend. The dividend will be payable on October 7, 2015 to stockholders of record as of September 18, 2015.

"We are very pleased to increase our quarterly cash... More