Plumas Bancorp (PLBC) will raise its semi-annual dividend by 27.8 percent to $0.23 per share in the second quarter of 2019.

The next dividend is payable May 15, 2019, to stockholders of record as of May 1, 2019. A new annual rate of 46 cents per share yields 1.8% at a stock price of $25.90.

Plumas Bancorp is a locally owned and managed full-service community bank headquartered in Northeastern California. Its primary subsidiary is Plumas Bank is a California state-chartered bank. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has received nationwide Preferred Lender status with the United States Small Business Administration.