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Kearny Financial increases dividend by 1 cent

Kearny Financial Corp. will pay a quarterly cash dividend of 4 cents per share, up by 1 cent from the previous payout of 3 cents.

The dividend will be payable June 20 to the Fairfield, N.J.-based company's shareholders of record as of June 6.

Kearny Financial is the holding company of Kearny Bank.