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ServisFirst more than doubles its dividend

Birmingham, Ala.-based ServisFirst Bancshares Inc. is paying a quarterly cash dividend of 11 cents per share, up from the previous 5 cents.

It will be distributed April 13 to stockholders of record as of April 2.

ServisFirst is the holding company of ServisFirst Bank, which had $7.08 billion in assets at the end of 2017.