March 30, 2010 (FinancialWire) — North Penn Bancorp, Inc. (OTCBB: NPBP), the holding company for North Penn Bank, has approved a 33% increase in the company's quarterly dividend on its outstanding common stock from $0.03 to $0.04 per share.

In addition, the company approved a special cash dividend of $0.05 per share on its outstanding common stock.

Both the quarterly cash dividend and the special cash dividend will be payable on or about April 30, 2010 to shareholders of record as of the close of business on April 15, 2010.

Pennsylvania-based North Penn Bancorp has five offices in Lackawanna and Monroe counties in Pennsylvania.

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