Severn Bancorp Inc.'s board approved a second quarter dividend of 4 cents per share, reflecting a 33% increase from the previous quarter's payout of 3 cents per share.
The dividend is payable Sept. 17 to shareholders of record as of Sept. 6.
Severn Bancorp raises Q2 dividend
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Severn Bancorp Inc.'s board approved a second quarter dividend of 4 cents per share, reflecting a 33% increase from the previous quarter's payout of 3 cents per share.
The dividend is payable Sept. 17 to shareholders of record as of Sept. 6.