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Peoples reduces semiannual dividend

BILOXI — The board of directors of Peoples Financial Corporation, parent of The Peoples Bank, declared a reduced regular semiannual cash dividend of $0.20 per common share, payable July 15, 2009, to stockholders of record July 8, 2009. “This dividend level is consistent with our long-term goal of returning about 35 percent of our earnings to our shareholders,” said Chevis ...

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