The board ofCross Plains, Wis.-based S.B.C.P. BancorpInc. declared a dividend of 25 cents per share to shareholders of recordas of March 16, according to the company's first-quarter newsletter.

The dividendis twice the amount S.B.C.P. paid the previous quarter, the company said.

According toSNL data, the previous dividend, paid Dec. 31, 2015, was 12.5 cents per share.