Lakeland Financial (LKFN) Declares $0.40 Quarterly Dividend; 1.9% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St subdued as markets pause after S&P record high; data, Mideast in focus
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Lake City Bank Parent Announces 18% Increase in Quarterly Dividend
January 11, 2022 1:00 PM ESTWARSAW, 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
