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Auswide Bank hikes interim dividend

Auswide Bank Ltd. raised its interim dividend for the fiscal half ended Dec. 31, 2017.

The bank's board declared a fully franked interim dividend of 16 Australian cents per share, up from 14 cents per share in the year-ago period, according to a Feb. 19 release.

The dividend is payable March 26.

In addition, the bank is looking to grow its consumer lending book by targeting a portfolio of A$45 million by the fiscal year ending June 30.