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Bank of Marin Bancorp (BMRC) will raise its quarterly dividend by 6.9 percent to $0.31 per share in the second quarter of 2018. The new dividend yield for BMRC is 1.7%.

The next dividend will be paid on May 11, 2018 to shareholders of record on May 4, 2018.

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.