Lakeland Financial (LKFN) Declares $0.40 Quarterly Dividend; 1.9% Yield
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Go back to Lakeland Financial (LKFN) Declares $0.40 Quarterly Dividend; 1.9% Yield
January 11, 2022 1:00 PM EST
WARSAW, Ind., Jan. 11, 2022 (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 2022 of $0.40 per share, payable February 7, 2022, to shareholders of record as of January 25, 2022. The quarterly dividend represents an 18% increase over the quarterly dividend rate paid in 2021.
We are pleased to announce an 18% increase in our dividend to our shareholders. Our strong dividend reflects excellent operating results and a fortress balance sheet, commented David M. Findlay, President and Chief Executive Officer.
Lake City Bank, a $6.6... More
