Evans Bancorp, Inc. (the “Company) EVBN a community financial
services company serving Western New York since 1920, announced today that its
Board of Directors has declared a cash dividend of $0.24 per share on its
outstanding common stock, a 9% increase from its previous $0.22 per share
dividend paid on October 9, 2012. This dividend payment equates to an
annualized yield of 3.1%. The dividend is payable on December 31, 2012 to
shareholders of record as of December 21, 2012. The cash dividend represents
an accelerated payment of the Company's semi-annual dividend scheduled to be
paid in April 2013.
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