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Ottawa Bancorp ups dividend

Ottawa Bancorp Inc. will pay a quarterly cash dividend of 5 cents per share, up from the previous 4 cents.

The Ottawa, Ill.-based company is also distributing a one-time special cash dividend of 6.5 cents per share. Both will be paid on or about April 5 to shareholders of record as of March 26.

Ottawa Bancorp is the holding company of Ottawa Savings Bank, which had $255.2 million in assets at the end of 2017.