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FS Bancorp ups dividend by 1 cent

FS BancorpInc.'s board has approved a 7-cents-per-share dividend to be paid May28 to shareholders of record as of May 14.

The previous dividend was 6 centsper share.

In a news release, the Mountlake Terrace, Wash.-basedcompany reported net income of $2.1 million, or 70 cents per share, for thefirst quarter, compared to $875,000, or 29 cents per share, for the year-agoquarter.