Sierra Bancorp announced that its Board of Directors has declared a regular quarterly cash dividend of $0.16 per share, which represents an increase of $0.02 per share, or 14%, relative to quarterly dividends paid in 2017. The dividend, which will be paid on February 15, 2018 to shareholders of record as of February 1, 2018, was approved subsequent to the Board's review of the company's financial performance and capital strength for the quarter ended December 31, 2017.