KEENE, N.H., March 13, 2001 (PRIMEZONE) -- Granite State Bankshares, Inc. (Nasdaq:GSBI) today announced that the Board of Directors has declared a regular quarterly cash dividend of $ 0.17 per share of common stock outstanding. This represents a 6.25% increase over the cash dividend declared last quarter. The dividend will be payable April 6, 2001 to stockholders of record March 23, 2001.
Granite State Bankshares, Inc. is the parent company for Granite Bank, a New Hampshire state-chartered commercial bank with 19 offices operating throughout southern New Hampshire. Granite Bank is the largest independent bank in the State of New Hampshire.