June 28, 2010 (FinancialWire) — The board of directors of Peoples Financial Corp. (NASDAQ: PFBX), parent of The Peoples Bank, has declared a regular semiannual cash dividend of $.11 per common share, payable July 16, 2010, to stockholders of record July 9, 2010.

The dividend represents a 10% increase over the $.10 per common share the company paid for the second half of 2009.

Mississippi-based The Peoples Bank operates 16 branches along the Mississippi Gulf Coast in Hancock, Harrison, Jackson and Stone counties.

In addition to a range of retail and commercial banking services, the bank also operates a trust and investment services department that has provided customers with financial, estate and retirement planning services since 1936.

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