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Sturgis Bancorp ups dividend again

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Sturgis Bancorp ups dividend again

Sturgis, Mich.-basedSturgis Bancorp Inc.'sboard declared a cash dividend of 10 cents per common share, up from the dividendof 8 cents per commonshare in the first quarter.

The latest dividendis payable June 15 to stockholders of record May 13, according to an April 26 newsrelease.