PRINCETON, N.J. -- UJB Financial Corp. said it increased its quarterly dividend on common shares to 21 cents from 16 cents, a 31% increase.
The dividend will be payable Feb. 1 to shareholders of record Jan. 6.
As reported, the company previously raised its quarterly dividend to 16 cents from 15 cents in March.
The company said the latest increase is a result of "continued improvement in earnings over the past three years."
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