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Quaint Oak Bancorp increases dividend

The board of Southampton, Pa.-based Quaint Oak Bancorp Inc. declared a quarterly cash dividendof 4 cents per share on the common stock of the company.

The dividend is payable May 9 to shareholders of record at theclose of business April 25, according to an April 13 news release.

President and CEO Robert Strong said that the dividend representsa 6.7% increase from thecompany's midyear increase in October 2015.

Quaint Oak Bancorp Inc. is the holding company for .