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Ledyard Financial Group hikes dividend by 1 cent

Ledyard Financial Group Inc. declared a quarterly cash dividend of 18 cents per share, up from the previous payout of 17 cents per share.

The dividend will be distributed Sept. 4 to the Hanover, N.H.-based company's shareholders of record as of Aug. 10.

Ledyard Financial is the holding company of Ledyard National Bank.