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Monarch Financial Raises Cash Dividend 16 Percent

 

Oct 17 - The board of directors of Monarch Financial Holdings Inc. (Nasdaq: MNRK), the bank holding company for Monarch Bank, Chesapeake, Va., has announced a 16.7 percent increase in the quarterly common stock cash dividend to 7 cents per common share, payable on Nov. 29, 2013, to shareholders of record on Nov. 12, 2013.

 


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