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North Carolina-based First South Bancorp increases dividend

Washington, N.C.-based FirstSouth Bancorp Inc. increased its quarterly cash dividend 20% to 3 centsper share from the last regular payout.

Per SNL data, the company'sprevious dividend was 2.5 cents pershare.

The latest dividend is payable May 19 to shareholders of recordas of May 9, according to an April 29 news release.