QNB Corp. Increases Dividend

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^{Published in Business and Finance on Tuesday, February 28th 2012 at 13:45 GMT by Market Wire}  

QNB Corp. Increases Dividend -- QUAKERTOWN, Pa., Feb. 28, 2012 /PRNewswire/ --

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QUAKERTOWN, Pa., Feb. 28, 2012 /PRNewswire/ -- The Board of Directors of QNB Corp. (OTC Bulletin Board: [ QNBC ]), parent company of QNB Bank, at a regular meeting on February 28, 2012 declared a quarterly cash dividend of $0.26 per share. The amount represents a 4.0% increase from the prior quarter. Based upon the closing price of a share as of close of business February 27, 2012, this represents a yield of 4.5%. The cash dividend is payable on March 30, 2012 to shareholders of record March 16, 2012.

"As a result of the continued strong financial performance of QNB Corp., as represented by the second consecutive year of record earnings, the Board of Directors is pleased to be able to increase the dividend by 4.0%. As a result of its well capitalized position, QNB Corp. is able to continue its uninterrupted history of quarterly dividends," said Thomas J. Bisko, Chief Executive Officer.

QNB Corp. offers commercial and retail banking services through the nine banking offices of its subsidiary, QNB Bank. In addition, QNB Bank provides retail brokerage services through Raymond James Financial Services, Inc. and title insurance as a member of Laurel Abstract Company LLC. QNB Corp.'s stock is traded in the over-the-counter market under the symbol "QNBC." For more information, visit QNB's web site at [ www.QNB.com ].

SOURCE QNB Corp.

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