Lake Shore Bancorp, Inc. (NASDAQ:LSBK) Announces Quarterly Dividend of $0.09

Lake Shore Bancorp, Inc. (NASDAQ:LSBK) declared a quarterly dividend on Wednesday, October 21st. Investors of record on Monday, November 2nd will be paid a dividend of $0.09 per share by the savings and loans company on Wednesday, November 11th. This represents a $0.36 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, November 2nd.

Lake Shore Bancorp Price Performance

Lake Shore Bancorp stock traded down $0.10 during trading hours on Friday, hitting $18.61. The company had a trading volume of 12,048 shares, compared to its average volume of 12,822. The firm has a 50-day moving average of $17.82 and a 200 day moving average of $16.89. The firm has a market cap of $146.09 million, a PE ratio of 16.47 and a beta of 0.30. Lake Shore Bancorp has a one year low of $13.07 and a one year high of $19.09.

Lake Shore Bancorp (NASDAQ:LSBK) last issued its quarterly earnings data on Wednesday, October 21st. The savings and loans company reported $0.31 earnings per share (EPS) for the quarter. Lake Shore Bancorp had a return on equity of 5.84% and a net margin of 20.62%. The company had revenue of $7.93 million during the quarter.

Lake Shore Bancorp Company Profile

Lake Shore Bancorp, Inc is the holding company for Lake Shore Savings Bank, a community-oriented savings institution headquartered in Dunkirk, New York. Through its banking subsidiary, the company provides financial services to individuals, families, businesses, and nonprofit organizations.

Lake Shore Savings Bank offers deposit products such as checking, savings, money market, and certificate of deposit accounts. Its lending activities include residential mortgages, home equity loans, commercial real estate and business loans, and consumer financing.