Lake Shore Bancorp, Inc. (LSBK) to Issue $0.08 Quarterly Dividend
Lake Shore Bancorp, Inc. (NASDAQ:LSBK) declared a quarterly dividend on Thursday, July 27th, Wall Street Journal reports. Investors of record on Thursday, August 10th will be paid a dividend of 0.08 per share by the savings and loans company on Thursday, August 24th. This represents a $0.32 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Tuesday, August 8th.
Lake Shore Bancorp (NASDAQ:LSBK) opened at 15.75 on Monday. The firm has a market cap of $94.66 million, a PE ratio of 35.39 and a beta of -0.03. Lake Shore Bancorp has a one year low of $13.08 and a one year high of $16.59. The company has a 50-day moving average price of $15.76 and a 200-day moving average price of $15.73.
Lake Shore Bancorp (NASDAQ:LSBK) last posted its quarterly earnings results on Wednesday, July 26th. The savings and loans company reported $0.19 earnings per share for the quarter. Lake Shore Bancorp had a net margin of 13.10% and a return on equity of 3.59%. The business had revenue of $4.96 million for the quarter.
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About Lake Shore Bancorp
Lake Shore Bancorp, Inc is a savings and loan holding company of Lake Shore Savings Bank (the Bank). The Bank’s loan portfolio consists of real estate loans and other loans. The real estate loans consist of residential one- to four-family, home equity, commercial and construction loans. The Bank’s other loans consists of commercial and consumer loans.
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