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StellarOne raiess quarterly dividend by 33% to 8c

In light of the earnings improvement, StellarOne's Board of Directors has approved a quarterly cash dividend of 8c/share payable on Nov. 27, 2012 to shareholders of record as of Nov. 6, 2012. The payment represents a 33% increase over the previous quarterly dividend rate, a 100% increase over the dividend rate for the same quarter last year, and an annual yield to shareholders of approximately 2.5% based on the closing price of StellarOne stock on Oct. 23, 2012.