Lake City Bank Parent Announces 16% Increase in Quarterly Dividend
Lakeland Financial Corporation (LKFN)
Last lakeland financial corporation earnings: 4/27 08:00 am
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US:NASDAQ Investor Relations:
lakecitybank.com/lakeland-financial-corporation-present-keefe-bruyette-woods-2016-community-bank-investor-conference
Company Research
Source: GlobeNewswire
WARSAW, Ind., April 09, 2019 (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 2019 of $0.30 per share, payable on May 6, 2019 to shareholders of record as of April 25, 2019. The quarterly dividend represents a 16% increase over the quarterly dividend rate paid in 2018. “We are pleased to continue our history of double digit dividend increases for our shareholders. The dividend increase is the outcome of consistent long-term growth in earnings and its positive impact to our capital base. Over the last decade, we have increased our dividend by 190%,” said David M. Findlay, President and Chief Executive Officer. Lake City Bank, a $4.9 billion bank headquartered in Warsaw, Indiana, is the fourth largest bank in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 50 branch offices in northern an
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News
- Lakeland Financial (NASDAQ:LKFN) Will Pay A Dividend Of $0.48 [Yahoo! Finance]Yahoo! Finance
- Lakeland Financial Corporation (NASDAQ:LKFN) is a favorite amongst institutional investors who own 83% [Yahoo! Finance]Yahoo! Finance
- Lake City Bank to Participate in the KBW Winter Financial Services Conference [Yahoo! Finance]Yahoo! Finance
- Lake City Bank to Participate in the KBW Winter Financial Services ConferenceGlobeNewswire
- Lakeland Financial Co. (NASDAQ: LKFN) had its price target raised by analysts at Stephens from $67.00 to $70.00. They now have an "equal weight" rating on the stock.MarketBeat
LKFN
Earnings
- 1/26/24 - Beat
LKFN
Sec Filings
- 4/10/24 - Form 8-K
- 4/9/24 - Form 8-K
- 3/14/24 - Form 4
- LKFN's page on the SEC website