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PB Bancorp ups dividend by 1 cent

PB Bancorp Inc. will pay a quarterly cash dividend of 7 cents per share, up from the previous payout of 6 cents per share.

The dividend will be payable Nov. 14 to the Putnam, Conn.-based company's shareholders of record as of Oct. 31.

PB Bancorp is the holding company of Putnam Bank.