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Lakeland Financial (LKFN) Misses Q1 EPS by 3c; Declares $0.155 Qtr. Dividend; 2.9% Yield

April 25, 2011 8:13 AM EDT
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Price: $60.26 -0.3%

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Lakeland Financial Corp. (NASDAQ: LKFN) reported Q1 EPS of $0.37, $0.03 worse than the analyst estimate of $0.40.

The Company also announced that the Board of Directors approved a cash dividend for the first quarter of $0.155 per share, $0.62 annualized.

The dividend is payable on May 5, 2011 to shareholders of record as of April 25, 2011. The ex-dividend date is April 21, 2011.

Yield on the dividend is 2.9 percent.


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