The board of Clarksville-based First Advantage Bancorp (Ticker: FABK) has voted to increase the company's quarterly dividend by 40 percent to 7 cents. The first payout under the new rate will be made on Feb. 15 to shareholders of record on Feb. 1.

“The Board is pleased to deliver a return to the shareholders who have invested in our organization, reflecting our performance in 2012,” said Earl Bradley, a First Advantage Bancorp director and CEO of First Advantage Bank. “We are confident that our continued strong financial performance and growth strategy will help leverage our capital to build shareholder value.”