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Town and Country Financial hikes dividend by 1 cent

Town and Country Financial Corp.'s board increased the company's quarterly dividend by 33% to 4 cents per share.

Stockholders of record March 1 will receive the dividend on March 15.

The Springfield, Ill.-based company reported full-year 2016 net income available to common stockholders of $4.7 million, compared to $3.9 million for 2015.