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Porterville-based Bank of the Sierra announced plans to pay its regular quarterly cash dividend of 12 cents per share.
The dividend is 20 percent higher than the one paid a year ago.
The dividend will be paid on May 19 to shareholders of record as of May 5. It will be the bank’s 69th consecutive regular quarterly cash dividend.
Sierra Bancorp, parent company of Bank of the Sierra, has more than 400 employees working at 28 full-service branches across the state.
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