Lake Shore Bancorp (LSBK) Declares $0.10 Quarterly Dividend; 2.4% Yield
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Lake Shore Bancorp, Inc. Announces Fourth Quarter 2017 Dividend
February 8, 2018 1:35 PM ESTDUNKIRK, N.Y., Feb. 08, 2018 (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 a $0.10 per share cash dividend on its common stock, payable on March 15, 2018, to shareholders of record as of February 27, 2018. Based on the Companys closing stock price of $17.00 on February 6, 2018, the implied dividend yield for the Companys common stock is currently 2.35%.
On February 7, 2018, Lake Shore, MHC (the MHC), which holds 3,636,875 shares, or 59.7% of the Companys total... More
