Lakeland Financial (LKFN) Declares $0.30 Quarterly Dividend; 2.9% Yield

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Go back to Lakeland Financial (LKFN) Declares $0.30 Quarterly Dividend; 2.9% Yield

Lake City Bank Parent Announces Quarterly Dividend

April 14, 2020 4:00 PM EDT

WARSAW, Ind., April 14, 2020 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2020 of $0.30 per share, payable on May 5, 2020 to shareholders of record as of April 25, 2020. The quarterly dividend is unchanged from the quarterly dividend rate paid  for the fourth quarter 2019.

Our strong capital structure and long history of capital building supports this dividend to our shareholders. Weve built an incredibly strong balance sheet over our 148 year history and are pleased to continue our healthy dividend said... More