Bank of Marin Bancorp (BMRC) will raise its quarterly dividend to $0.27 per share.

The dividend is payable on November 14, 2016, to shareholders of record at the close of business on November 4, 2016. This represents the 46th consecutive quarterly dividend paid by Bank of Marin Bancorp, the holding company for Bank of Marin.

Bank of Marin Bancorp has an indicated dividend yield of 2.1%.

Bank of Marin Bancorp business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations. The Company operates offices in Marin, Sonoma, San Francisco, Napa and Alameda counties. It makes international banking services available to its customers indirectly through other financial institutions, with whom it has correspondent banking relationships. The Company offers a range of commercial and retail deposit and lending programs.