Lake Shore Bancorp (LSBK) Declares $0.08 Quarterly Dividend; 2% Yield
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Lake Shore Bancorp, Inc. Announces Fourth Quarter 2016 Dividend
February 8, 2017 4:32 PM ESTDUNKIRK, N.Y., Feb. 08, 2017 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the Company) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the Bank), announced that the Companys Board of Directors approved an $0.08 per share cash dividend on its common stock, payable on March 13, 2017, to shareholders of record as of February 23, 2017. Based on the Companys closing stock price of $15.90 on February 7, 2017, the implied dividend yield for the Companys common stock is currently 2.01%.
On February 8, 2017, Lake Shore, MHC (the MHC), which holds 3,636,875 shares, or 59.7% of the Companys total... More
