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SI Financial Group hikes dividend by 1 cent

The board of Willimantic, Conn.-based SI Financial Group Inc. increased the company's dividend to 5 cents per share, up 1 cent from the previous quarter's 4 cents per share.

The dividend payout will be on or about Feb. 27 to shareholders of record as of Feb. 6.

The company is the parent of Savings Institute Bank and Trust Co.