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Wayne Savings Bancshares hikes dividend by 1 cent

Wayne Savings Bancshares Inc.'s board increased the company's quarterly dividend to 10 cents per share, from the previous quarter's 9 cents per share.

The dividend is payable Jan. 24, 2018, to shareholders of record as of Jan. 10, 2018.

The Wooster, Ohio-based company is the parent of Wayne Savings Community Bank.