Banks Increase Dividends Despite Falling Stock Prices

Bank stocks have been hit because of subprime and credit concerns, but a few banks have, nevertheless, increased their dividends. The dividend increases are not large, but at least they are not cuts, and small dividend increases add up over time.

10 Bank Stocks With Dividend Increases
Bank	Quote	Old Dividend	New Dividend
Comm Bancorp	CCBP	$0.26	$0.27
Commerce Bancshares	CBSH	$0.238	$0.25
Enterprise Bancorp	EBTC	$0.08	$0.09
KeyCorp	KEY	$0.365	$0.375
Old National Bancorp	ONB	$0.22	$0.23
Peoples Financial Corporation	PFBX	$0.25	$0.27
Princeton National Bancorp	PNBC	$0.27	$0.28
South Financial Group	TSFG	$0.18	$0.19
SunTrust Banks	STI	$0.73	$0.77
United Bancshares	UBOH	$0.14	$0.15
Note: Dividend data from www.ex-dividend.com as of February 21, 2008.

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Look Here For Rising Dividends
Why Dividends Matter

Posted February 21, 2008.