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RBC Inc. lowers payout

Demopolis, Ala.-based RBC Inc.'s board on March 16 declared a distribution of 50 cents per share, lower than the previously declared distribution of $2.80 per share.

The distribution is payable April 7 to shareholders of record as of March 16, according to a March 28 news release.

RBC Inc. is the parent of Robertson Banking Co.