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Northway Financial ups dividend by 3 cents

Northway Financial Inc. will pay a semiannual cash dividend of 35 cents per common share, up from the previous 32 cents per share.

It will be distributed Feb. 20 to stockholders of record Feb. 12.

The North Conway, N.H.-based company on Feb. 2 reported net income available to common stockholders of $7.3 million, or $2.64 per basic common share, for the year ended Dec. 31, 2017. A year ago, it was $4.0 million, or $1.46 per basic common share.