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Evans Bancorp hikes dividend by 6 percent

Evans Bancorp is raising its dividend by 6 percent.

The Hamburg-based banking company said it is increasing its semi-annual dividend by 2 cents to 38 cents per share.

“This increase demonstrates the confidence we have in our prospects and our commitment to return capital to our shareholders while also making investments in growing our business,” CEO David J. Nasca said in a statement.

The increased dividend will be payable April 5 to shareholders of record on March 15.