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Peoples Bancorp of North Carolina (PEBK) will raise its quarterly dividend by 8.3 percent to $0.13 per share in the first quarter of 2018. The new dividend yield for PEBK is 1.8%.

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.