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Sandy Spring Bancorp increases quarterly dividend to 14c/share

Sandy Spring Bancorp, the parent company of Sandy Spring Bank, announced that the board of directors has declared a quarterly common stock dividend of 14c per share payable Nov. 14 to shareholders of record on Nov. 7. This dividend represents an increase of $0.02 to the dividend paid in Q3 of 2012. With the payment of this dividend, the total dividend to shareholders year-to-date is 48c per share compared to 34c per share in 2011, an increase of 14c or 41.2%.