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Peoples Bancorp of North Carolina (PEBK) will raise its quarterly dividend to $0.12 per share.

The cash dividend will be paid on March 15, 2017 to shareholders of record on March 3, 2017.

Peoples Bancorp of North Carolina, Inc. is a holding company for Peoples Bank. The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities.