Northrim BanCorp Inc. (NRIM) announced its Board of Directors increased its regular quarterly cash dividend 15% to $0.15 per share from $0.13 per share in the preceding quarter. The dividend will be paid September 14, 2012, to shareholders of record at the close of business September 6, 2012.
Northrim said it offers a current annualized dividend yield of 2.86% at current market share prices.
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