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Opus Bank hikes dividend

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Opus Bank hikes dividend

The boardof Opus Bank approvedincreasing its quarterly cash dividend by 11% to 20 cents per share. The latestdividend is payable on Aug. 18 to shareholders of record as of Aug. 4.

The Irvine,Calif.-based company reported second-quarter net income of $16.1 million, or 46cents per share, compared to net income of $17.5 million, or 52 cents pershare, for the year-ago quarter.