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Calvin B. Taylor Bankshares to pay dividends on quarterly basis

Berlin, Md.-based Calvin B. Taylor Bankshares Inc. said it will issue dividends on a quarterly basis instead of an annual basis.

The company's board declared a quarterly cash dividend of 25 cents per share. It will be paid April 15 to shareholders of record as of March 31.

The 2018 annual dividend was 99 cents.