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Croghan Bancshares ups quarterly cash dividend

The board of Fremont, Ohio-based Croghan Bancshares Inc. approved a quarterly cash dividend of 40 cents per common share, up from the previous payout of 39 cents per share.

The dividend is payable July 31 to shareholders of record as of July 13.

Croghan Bancshares is the holding company of Croghan Colonial Bank.